Bombardier Transportation
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Bombardier Transportation

June 19, 2009 08:03 ET

Bombardier Consortium Wins Vehicle Modernization Contract in Brazil

Partners to refurbish 156 metro cars for city of Sao Paulo for heightened passenger comfort and greater energy efficiency

BERLIN, GERMANY--(Marketwire - June 19, 2009) - A consortium led by Bombardier Transportation has been awarded a contract to modernize 156 passenger rail cars (26 six-car trains) by Companhia do Metropolitano de Sao Paulo (CMSP), the state-owned transit operator that runs the Sao Paulo metro system in Brazil's largest city. The contract, valued at approximately 383 million reals ($193 million US, 139 million euros), is for comprehensive modernization services on the 30-year-old electric multiple units which operate on CMSP's Metro Line 1-Blue in Sao Paulo (formerly the North-South Line). Bombardier's share of the contract is valued at approximately 238 million reals ($120 million US, 87 million euros). The Bombardier consortium includes two Brazilian partners: Temoinsa and Tejofran.

"This contract is important for Sao Paulo as it will provide the city with improved rail equipment and support CMSP's efforts to deliver enhanced service to public transit users," said Carlos Levy, President and Chief Country Representative, Bombardier Transportation Brazil. "We are very pleased to be continuing our successful relationship with CMSP and our consortium partners."

Laurent Troger, President, Bombardier Transportation, Services, said: "This is a complete vehicle modernization project that will extend the useful life of CMSP's rolling stock well beyond 30 years. It will employ the latest technologies on a fast track delivery schedule to improve vehicle reliability and maintainability. In the end, these refurbished cars will help our customer operate transit service with increased efficiency and cost effectiveness."

The modernization project includes upgrades to door systems and bogies, as well as installation of new interiors, propulsion systems, communication and air conditioning systems, windows and a range of other improvements. The cars will be modernized at Bombardier's rail services center in Hortolandia, Brazil outside of Sao Paulo. Deliveries are scheduled to begin in August 2010.

Bombardier is the leading provider of modernization services for rail equipment in the Brazilian market. It also provides signalling systems, propulsion systems and other equipment for rail projects in Brazil.

About Bombardier Transportation

As the global leader in rail technology, Bombardier Transportation offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. Bombardier's ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

BOMBARDIER and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.

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