[Under the contract, the joint venture will identify the scope of improvements, potential cost and construction schedule for the reconstruction of the citys Circle Interchange]
Online PR News – 14-September-2012 – Las Vegas, NV – AECOM Technology Corporation (NYSE:ACM) ACM, reported today that a joint venture in which it participates has been awarded a two-year contract with the Illinois Department of Transportation for engineering studies as part of a planned major reconstruction project in the heart of Chicago. Under the contract, the joint venture will identify the scope of improvements, potential cost and construction schedule for the reconstruction of the citys Circle Interchange. The interchange carries more than 300,000 vehicles per day. During 2010, the U.S. Federal Highway Administration and the American Transportation Research Institute identified the interchange as the No. 1 bottleneck among highways crucial to the nations freight transportation system. ACM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, ACM serves clients in more than 130 countries and had revenue of $8.3 billion during the 12 months ended June 30, 2012. More information on AECOM and its services can be found at www.aecom.com.
Freescale Semiconductor (NYSE:FSL) FSL is licensing Image Cognition Processing (ICP) intellectual property (IP) from CogniVue Corporation that will be incorporated into new processors for advanced driver assistance systems (ADAS). Freescale will be the exclusive provider of this technology to the automotive market. FSL plans to offer new processors that bring Image Cognition Processing to automotive cameras later this year. Freescale licensed CogniVues APEX IP to enable vehicle cameras to sense the environment determining the presence of an object and identifying it. FSL is a global leader in embedded processing solutions, providing industry leading products that are advancing the automotive, consumer, industrial and networking markets. From microprocessors and microcontrollers to sensors, analog integrated circuits and connectivity - our technologies are the foundation for the innovations that make our world greener, safer, healthier and more connected. Some of our key applications and end-markets include automotive safety, hybrid and all-electric vehicles, next generation wireless infrastructure, smart energy management, portable medical devices, consumer appliances and smart mobile devices. The company is based in Austin, Texas, and has design, research and development, manufacturing and sales operations around the world. http://www.freescale.com.
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