McCain Inc. Parking Guidance System Acquired by SWARCO

VISTA, CA--(Marketwired - May 9, 2013) - McCain Inc., a leading manufacturer and supplier of intelligent transportation systems and traffic control equipment, today announced that SWARCO TRAFFIC AMERICAS, Inc. has acquired its parking business unit, which uses LED signs, single space indicators, and software to provide real-time information to motorists and parking operators. The acquisition of McCain's parking assets enables SWARCO to further broaden its product offering in the United States with technology and project references that perfectly align with the company's standards of excellence.

As a trusted name in the US intelligent transportation systems (ITS) market and a well-established quality manufacturer, McCain will continue to produce all of SWARCO's hardware through its contract manufacturing division that offers turnkey manufacturing services.

"McCain has been in the transportation industry since 1987, offering a complete portfolio of top-of-the-line traffic equipment and control software," said Jeffrey L. McCain, founder and CEO of McCain Inc. "This transaction frees up resources to better champion our core business while simultaneously fostering growth in our contract manufacturing division."

Leveraging its success in the European market, the SWARCO parking guidance system will monitor individual bay occupancy and guide drivers to open parking by means of LED variable message signs that display availability, directional lane lights, and bay indicators. The comprehensive parking guidance system provides an effective means to improve traffic flow, reduce emissions, increase parking revenues, and improve the overall customer experience.

"Both SWARCO and McCain have supplied systems monitoring thousands of parking spaces worldwide, and we are now able to leverage the combined capabilities to address rapidly emerging market requirements in the Americas," noted Carl McCollum, CEO of SWARCO TRAFFIC AMERICAS.

SWARCO and McCain have agreed not to disclose any financial or contractual details related to the purchase of the McCain parking division assets.

About SWARCO TRAFFIC AMERICAS, Inc.
SWARCO TRAFFIC AMERICAS, Inc., is a member of the worldwide SWARCO Group and provider of intelligent transportation systems specializing in full color LED variable message signs, rotary drum signs, and parking guidance solutions. Founded in Austria in 1969, SWARCO is a growing international ITS leader delivering a complete range of traffic management products, systems, services, and solutions. SWARCO began manufacturing in the United States in 1974 and is a well-known brand in the production of roadway marking materials and systems in Colorado, Texas, and Tennessee. SWARCO TRAFFIC AMERICAS, Inc. will be relocating its headquarters and operations from Sunnyvale, CA to Vista, CA.

For more information, visit www.swarco.com/americas.

About McCain Inc.
McCain Inc. is a pioneer in advanced traffic control equipment and intelligent transportation systems. Founded in 1987, McCain has maintained a steadfast focus on the design and manufacture of progressive solutions to promote urban mobility and reduce congestion for the cities of today and tomorrow. With several manufacturing facilities in North America, McCain offers flexible production options to meet Buy America requirements.

To learn more, visit www.mccain-inc.com.