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Teledata World Services to acquire Superior Traffic Controls

Teledata World Services has announced that it has signed a Letter of Intent to acquire all of the equity of Superior Traffic Controls. The transaction will result in the majority shareholders of Superior becoming the majority shareholders of Teledata and comes at the conclusion of a two-year search by the company for a new business opportunity that it could merge with or acquire. Superior Traffic Controls, Inc., a Nevada Corporation, is headquartered in Irvine, California, with R&D and manufacturing operations, in Orange, Anaheim, and Santa Ana. The company develops, manufactures and markets innovative safety products related to roadside safety and incident management, promoting a safer working environment for highway workers, first responders and travelers.

Superior’s flagship product, ‘The Kone General’, is a patented and revolutionary portable device that automatically deploys the company’s proprietary and also patented ‘Safe D-Ploy Spring Cone’ traffic safety cones, while the operator remains safely inside the attending vehicle. As the attending vehicle approaches an emergency, construction area, job site, or accident, patented spring loaded safety cones are automatically deployed at the touch of a wireless dash-mounted control. The product, which won the ‘Best New Innovation of the Year Award’ by the American Traffic Safety Services Association (ATSSA), can be installed on a wide range of vehicles, including fire engines, police cars, tow trucks, telecom/utility vans, construction equipment, federal, state, and local transit vehicles.

May 21, 2012

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