ITCONS E-Solutions to Collaborate with UNi B Solutions for Gate-less Toll Processing in India

ITCONS E-Solutions Ltd. has announced its intention to enter into a strategic partnership and collaboration with UNi B Solutions, a USA based company. The partnership aims to provide comprehensive and innovative solutions related to designing, implementation, operation and maintenance services to National Highway Authority of India (NHAI) for deployment of a gate-less toll processing solution by utilizing a global navigation satellite system (GNSS) for vehicles traversing toll highways in India. The collaboration is subject to final definitive agreement and concrete terms and conditions. Details will be provided on execution of the final definitive agreement.