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Alstom Transport Official Applauds Obama Administration's Proposal to Invest over $53 billion in Rail Infrastructure

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Washington, DC, February 8, 2011 Guillaume Mehlman, Managing director of Alstom Transports North American Region, issued the following statement today in response to the Obama Administrations announcement that it plans to invest $53 billion over six years to sustain construction of a national high-speed and intercity passenger rail network around the country.

Alstom applauds the Obama Administration for proposing a $50 billion-plus investment in both high-speed and traditional passenger rail. As a leader in providing high-speed trains around the world and a company with significant rail manufacturing operations in the US, we are confident that such infrastructure investments in high-speed rail and traditional rail networks will make a significant contribution in creating jobs, lowering greenhouse gas emissions, and reducing dependence on foreign oil. We look forward to getting to work--and putting people to work--in building Americas new rail transportation network.

Along with Virgin, VINCI, and OHL, Alstom is part of a consortium of companies that will compete for high-speed rail opportunities in Florida. The groups proposal to design, build, finance, operate, and maintain a full turnkey system will include a private financing dimension that offers the best solution for Florida.

About Alstom Transport
Alstom Transport, a global leader in rail transportation systems, equipment and services, is present in over 60 countries and employs some 26,000 people. The company is a key player in the North American market and currently operates the largest passenger rolling stock manufacturing facility in the United States, located in Hornell, New York, which provides extensive rehabilitation and new passenger car production capabilities. Alstoms Transport Information Solutions (TIS) team, headquartered in Rochester, New York, is a leading provider of signaling and train control systems.

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