Department of Justice investigation of Company’s United States subsidiary concluded with no charges filed.

28/12/2016

28.12.2016

Redflex announced today that an agreement has been reached with the U.S. Department of Justice (U.S. DOJ) regarding their investigation into the misconduct of former employees of the Company’s U.S. subsidiary, Redflex Traffic Systems, Inc. (Redflex Americas).

On 23 December, Redflex Americas entered a Non-Prosecution Agreement (NPA) with the U.S. DOJ, which means the company will not face any criminal charges from U.S. DOJ’s investigation. Under the NPA Redflex Americas will also not pay a fine or penalty to the U.S. Government.

Redflex Americas has agreed to compensate the City of Chicago, Illinois in the future, the amount (if any) will either be any final judgement by a court in the Qui Tam action that may be issued in favour of the City of Chicago or any settlement agreement that the Company and the City of Chicago may agree to that resolves the Qui Tam action. Redflex has also agreed to pay restitution to the City of Columbus, Ohio in the total amount of USD$100,000.

“We are pleased that the U.S DOJ investigation of Redflex has been concluded with the signing of the NPA,” said Adam Gray, Chairman of Redflex Holdings Limited. “While the company pursues its core objective of Making a Safer World through leading edge technology, end-to-end solutions, and strong partnerships with our customers, the NPA recognises our extensive remediation actions and the significant improvement in our governance and risk management systems.”



About Redflex

The Redflex Group has established itself as a world leader in traffic enforcement products and services, developing world leading enforcement camera technology and owning and operating one of the largest networks of digital speed and red-light cameras in the world. Redflex develops and manufactures a wide range of digital photo enforcement solutions including red light camera, speed camera and school bus stop arm camera systems all utilising the most advanced sensor and image capture technologies.

The Redflex Group runs its own systems engineering operations, system integration technologies and innovation centre for research and development. With our continuous development of new safety products, the Redflex Group has been helping make a safer world, by reducing collisions and saving lives for more than 20 years. Redflex Holdings Limited was listed on the Australian Securities Exchange in January 1997.

Australia Redflex contact:
Amy Voller
+61 456 944 925
Amy.Voller@redflex.com.au


US Redflex contact:
Michael Cavaiola
+1 623 680 7703
mcavaiola@redflex.com