RR Mergers Announces Sale of Patented Railroad Technology
Sain Signaling and Electromechanical Solutions has acquired the patented Phase2 Concepts Electronic Railroad Relay Technology
St. Louis, MO, February 9, 2015 (Newswire.com) - RR Mergers Announces Sale of Patented Railroad Technology
Montreal, Canada based Sain Signaling and Electromechanical Solutions (SSES) has acquired the patented Phase2 Concepts Electronic Railroad Relay Technology.
Currently installed by such light rail systems as Amtrak and Los Angeles Metro, the electronic relay product, provides a cost effective alternative, replacement for the electro-mechanical Cod Follower relays used in railroad signaling systems.
With over 20 years’ experience in the railway transit industry, SSES, is a leading supplier of custom designed automatic train control systems, including transponder and radio based positive train control systems.
“Purchasing the patented relay technology bolsters SSES already strong presence as a supplier of railway electronic and electromechanical products,” Luigi Sain, President of SSES.
RR Mergers & Acquisitions, specialist in the sale of rail service and supplier companies throughout North America, advised Phase2 Concepts ownership in its sale to SSES.
For more information, contact: Jack Sickles 314 878-1414 x221