Conduent Transportation Announces The Southeastern Pennsylvania Transportation Authority Finalized A Plan To Install ~100 Additional 3D Fare Gates At 9 Different Transit Stations In The Philadelphia Area.; Contract Is Part Of A SEPTA Program Using Conduent's 3D Fare Gate Solution To Track And Curb Incidents Of Fare Evasion, A Problem That The Authority Says Costs It At Least $30M Annually

Contract continues Conduent's relationship with SEPTA to improve rider journeys with faster, easier and more convenient payment options

Conduent's 3D Fare Gate Solution is designed to address fare evasion, a problem that costs transit systems tens of millions of dollars annually

Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (NASDAQ:CNDT), today announced that the Southeastern Pennsylvania Transportation Authority (SEPTA) finalized a plan to install approximately 100 additional 3D fare gates at nine different transit stations in the Philadelphia area. The contract is part of a SEPTA program using Conduent's 3D Fare Gate Solution to track and curb incidents of fare evasion, a problem that the authority says costs it at least $30 million annually.