Press Releases

ETC Names Keith Rayborn CEO

Richardson, Texas – August 10, 2015 – Electronic Transaction Consultants Corporation (ETC) today announced that it has named Mr. Keith Rayborn to the position of CEO effective immediately.

With nearly three decades of progressive leadership experience, Mr. Rayborn brings valuable skills applicable to the tolling and transportation industries with an impressive background in domestic and international aerospace, defense and electronics industries. In his role prior to joining ETC, Mr. Rayborn was President of Plasan US, an international leader in the design, manufacture and support of survivability systems, active protection systems and advanced composite structures for the aerospace, defense and commercial markets. Prior to joining Plasan US, Mr. Rayborn was with Elbit Systems of America, serving in multiple leadership roles. As the Vice President of Program Management for the Land and C4I Business Unit, Mr. Rayborn was responsible for management of both production and development programs in multiple locations. Mr. Rayborn also previously served with Lockheed Martin Missiles and Fire Control serving as the Director, Future Rapid Effects Systems (FRES) Program in the United Kingdom.

Mr. Rayborn commented, “I look forward to my role as CEO with ETC and helping move the company forward as it prepares to launch the next generation of electronic toll collection systems and expands its footprint in the transportation marketplace.”

Mr. Rayborn assumes the position of CEO from ETC’s founder, Timothy O. Gallagher. Mr. Gallagher has been a leading presence in the electronic toll collection industry since its inception. Upon his full return from medical leave, Mr. Gallagher will become ETC’s Chairman of the Board and will more fully focus his attention on company strategy as well as continuing ETC’s well-established legacy of innovative solutions for the tolling and transportation industries.

About ETC

ETC is a leading systems and services provider for the tolling and transportation industries. The Company’s nearly two decades of delivering technically sophisticated solutions has supported many of the country’s largest toll authorities and helped transform the industry with first-of-its- kind advancements. ETC’s solutions collect more than $2 billion in toll transactions every year. Founded upon collaborative principles that place the customer’s interests first, ETC is committed to the progress of the transportation industry with solutions that meet the rapidly changing needs of the 21st century.

ETC's enterprise-wide solutions provide the full range of functionality required to support all-electronic toll collection, dynamic pricing, interoperability, audit and reconciliation, and reporting. Its lane-to-back office integrated solutions are supported by an impressive array of operations and maintenance services. ETC's solutions can be delivered at the modular level or as an integrated, enterprise-wide solution. They can be provided as a customer-delivered model or through a hosted environment at ETC's state-of-the-art technology and operations centers. For additional information, please see www.etcc.com.