| Type | Public (ASX: RDF) |
|---|---|
| Industry | Road traffic enforcement products and services |
| Founded | 1997 |
| Headquarters | South Melbourne, Victoria, Australia |
| Website | www.redflex.com.au |
Redflex Holdings (ASX: RDF), provides vehicle monitoring and enforcement services for government, police, and traffic departments globally.
Redflex operates primarily in Australia and the United States of America, and was listed on the Australian Securities Exchange in January 1997[1]. Redflex Holdings consists of two distinct companies; Redflex Traffic Systems Pty. Ltd. covering Australia and global operations and Redflex Traffic Systems Inc. covering the US market. The company works with partners in other countries, such as ChinaTel Group in the Peoples Republic of China.[2]
Redflex is based in South Melbourne, Victoria, Australia where it runs its systems engineering operation as well as its system integration and research and development programs. As at December 2008, Redflex Holdings employed more than 480 people in Australia and the USA.[3]
Redflex operates fixed and mobile camera units.[4] Twelve California cities have dropped contracts with Redflex, citing ineffectiveness in reducing crashes as well as in revenue generation.[5] Despite lobbying residents,[6] Redflex has lost in every ballot against photo enforcement of traffic laws where the referendums allowing voting on the matter were not legally challenged.[7]
In 2011, Redflex was the subject of a failed hostile takeover bid by the Macquarie Group and Carlyle Group.
The company provides funding for "grassroots" groups that support traffic cameras, thus benefiting Redflex.[8][9] In 2010, the company invested $38,000 in Safe Roads Ohio, 99.5% of the money the group received.[9]