COLAS (EPA:RE) - PR Colas - Signature of an agreement with Sidewalk Labs

Transparency directive : regulatory news

28/08/2019 17:45

PRESS RELEASE

Paris, August 28, 2019

                  SIGNATURE OF AN AGREEMENT WITH SIDEWALK LABS

On June 17, Colas signed an agreement with Sidewalk Labs (SWL), a subsidiary of
Alphabet, the parent company of Google, to experiment with Flowell, the Colas
Group's latest road innovation, as part of Toronto's Quayside project.

As a global leader in Roads whose mission is to design, promote and build
infrastructure solutions for sustainable mobility, Colas has been innovating in
the fields of Smart Roads and Smart Cities for several years.

Benefiting from research rolled out for Wattway technology (energy-producing
photovoltaic road surfacing), the dynamic luminous road marking solution
Flowell captured the attention of teams from Sidewalk Labs.

In collaboration with SWL, Colas aims to test the Flowell solution and its
ability to modulate urban spaces, as part of the pioneering Quayside project
proposed by SWL in Toronto. Mobility is a cornerstone of this project, and
infrastructure plays a major role. Colas and Sidewalk Labs are looking to
experiment with ways to reclaim roadway space for pedestrians and the public
realm by implementing Flowell technology to flex curb space to accommodate
pedestrian use when vehicle demand is low.

Backed by 90 years of experience, the Colas Group brings its expertise and
skills in road innovations. Sidewalk Labs, whose goal is to improve quality of
life in cities, is tackling today's major urban challenges. The teams will work
together via a user-centered approach, with safety as the top priority, as well
as to test the efficiency of services offered to build a city where public
space could be better shared, thus providing a better quality of life to
residents.

For Colas, this partnership with Sidewalk Labs is a key symbol of the changes
that the Group wishes to bring to tomorrow's infrastructures to ensure safer,
more sustainable, more connected, better shared mobility.

Colas (www.colas.com)

Colas, a subsidiary of the Bouygues Group, is a world leader whose mission is
to promote transport infrastructure solutions for sustainable mobility. With
58,000 employees in more than 50 countries on five continents, the Group
performs some 85,000 road construction and maintenance projects each year via
800 construction business units and 2,000 material production units.

In 2018, consolidated revenue at Colas totaled 13.2 billion euros (51% outside
of France). Net profit attributable to the Group amounted to 226 million euros.

                            For further information:
                  Delphine Lombard (tel.: +33 6 60 07 76 17) /
          Rémi Colin (tel.: +33 7 60 78 25 74) contact-presse@colas.fr
                  Jean-Paul Jorro (tel.: +33 1 47 61 74 23) /
      Zorah Chaouche (tel.: +33 1 47 61 74 36) contact-investors@colas.fr

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COLAS (EPA:RE) - PR Colas - Signature of an agreement with Sidewalk Labs

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