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30.07.2008
eTrip
Services acquires Eazy Pass
eTrip Services Ireland, the parking and independent tolling
fee collection service provider, has announced details of
it's purchase of Eazy Pass Ltd. Since it's creation in 1998,
Eazy Pass has acquired more than 60,000 clients and has issued
in excess of 130,000 electronic tags. The acquisition of Eazy
Pass now positions eTrip Services, as the number one supplier
of electronic tolling and parking services in Ireland.
eTrip Services Ireland is an Irish company, jointly owned
by Electro Automation Ltd and Egis Projects S.A. The company
was formed in 2005 and is the first Irish company to offer
a combined service of tolling and car parking from a single
tag. eTrip is a member of the Information Exchange Agency
(IEA) and therefore, it's electronic tag can be used on all
toll roads across Ireland. "Our decision to acquire Eazy
Pass is a demonstration of our confidence in the future of
electronic tolling services in Ireland," said Ciara O'Brien,
General Manager, eTrip Services. "We are now in our initial
integration phase and this will be progressing over the coming
months.
During the integration period, we will operate as two separate
companies, therefore limiting any disruption to existing eTrip
or Eazy Pass customers." Commenting on the announcement,
Dermot MacEvilly, General Manager of Eazy Pass said: "The
timing of the acquisition is perfect with the introduction
of free flow on the M50 in August and provides us with the
opportunity to offer additional services to existing Eazy
Pass customers. During this integration period I would like
to reassure our customers that there will be no distribution
to our service and no need to change their existing Eazy Pass
tag. Over the coming months we will be contacting our customers
with details of the new services, which they can avail of
with their existing tags."
eTrip and Eazy Pass tags allow consumers to electronically
pay tariffs on all toll roads in Ireland including the M50
Westlink, Eastlink, Dublin Port Tunnel, M1, M4, M8 plus the
future free-flow barrier free system on the M50 being introduced
next month. Having either an eTrip or Eazy Pass tag for the
new M50 system will allow hauliers to avail of the lowest
toll fare under the new scheme.
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