LECIP Awarded Contract to Support RVTD Transit Service

LECIP Fare Collection System Brings Conveniences and Efficiencies to Rogue Valley Riders

RVTD Buses (Photo: Business Wire)

BENSENVILLE, Ill.--()--LECIP INC., a subsidiary of LECIP HOLDINGS CORPORATION (TOKYO:7213) of Gifu, Japan, today announced that it introduced an Automated Fare Collection (AFC) System for fixed route buses of ROGUE VALLEY TRANSPORTATION DISTRICT (RVTD) in the United States.

In 2016, LECIP has delivered their first AFC system in the USA market. Following this success of last year, LECIP has been awarded their second AFC systems that will be delivered in the USA market and provide convenience and reliable services for bus transit passengers in the USA.

RVTD, located in Medford, Oregon, is a public transportation provider operating 30 buses of nine routes. In order to improve the quality of the system and replace old fare boxes with new ones, LECIP will introduce a fare collection system to RVTD. Various equipment and systems including fare boxes will be delivered from early 2018, which will enhance the system of sales information management, maintenance performance and ridership data.

According to Akio Fujii, CEO and COO of LECIP Inc., “It is an honor to have RVTD award the system to LECIP Inc. and I believe RVTD has made the right decision as our system brings conveniences and efficiencies to both RVTD and to their riders. Moreover, I believe our commitment to support RVTD must have been one of the decisive factor in making their choice and I appreciate it.

While we started to work on delivery of this project, our team is in discussion with other transit authorities to further expand our Farebox references. We are also capable of bringing different solutions such as LED lighting, LED displays including destination signage as a solutions provider for USA transit authorities. I am aware it takes time to develop business as we are new in the market, however, with our commitment to support the customers with partnership, I am sure there will be more Transit Authorities who choose our system in the near future.”

Sales Manager Dave Anderson states, “Many Transit Authorities have invited LECIP into their operations for review and Farebox demonstrations. They are considering LECIP as their next choice of AFC for their 15-20 year life-cycle of a Farebox. Fareboxes are not an annual purchase and the decision to make a Farebox is critical to many management departments. Transit Agencies state the 'LECIP Farebox is User-Friendly and revenue and ridership reporting is customizable for management'. We are seeing many open doors and invitations from CEO’s, CFO’s, and Transit Directors, Maintenance, Revenue and IT management. Transit Agencies have shown excitement for another choice in the USA Farebox industry and our Farebox is built in the USA”.

Based on the successes in Japan and Asia over the past 64 years, LECIP is the market leader in Japan and Asia. LECIP realizes developing the AFC business includes smart card readers, fare boxes, and ticket printers, as well as LED lighting and LCD displays for USA public transportation market.

About LECIP
LECIP is a leading company mainly engaged in the manufacture and sale of transportation equipment. Incorporated in 1953 as the Sanyo Electronics Company, LECIP provides Automated Fare Collection system, including smart card reader, farebox, and ticket issuer, as well as LED lighting and LCD displays for public transport. The LECIP Group is owned by a holding company, LECIP HOLDINGS CORPORATION (TOKYO:7213), which is listed on the first section of the Tokyo Stock Exchange. For more information about LECIP products and system, please visit http://www.lecip.com

Contacts

LECIP Inc.
Dave Anderson, +1-312-972-3892
danderson@lecipinc.com
881 IL Route 83, Bensenville. IL 60106

Release Summary

LECIP fare collection system brings conveniences and efficiencies to Rogue Valley riders.

Contacts

LECIP Inc.
Dave Anderson, +1-312-972-3892
danderson@lecipinc.com
881 IL Route 83, Bensenville. IL 60106