The mission of Technical Universityof Crete is to develop modern Engineering specialties, to place emphasis on research in fields of advanced technology as well as to establish close cooperation with the industry. It is ranked amongst the most prominent research institutionsin Greece. The Dynamic Systems and Simulation Laboratory (DSSL) within TUC’s School of Production Engineeringand Management was founded in 1988 and since 1994, DSSL has been directed by Prof. Markos Papageorgiou. The staff of DSSL has profound knowledge and broad experience in the theories of modelling, simulation, optimization, automatic control, and their practical application to traffic and transportation systems, water networks, production systems, and further areas and has been involved in numerous research, development, and demonstration projects at a national, European and international level. The traffic-related research areas of the Laboratory are mainly Traffic Flow Modelling, Traffic Flow Estimation, Freeway Traffic Control, Road Traffic Control, Route Guidance and Traffic Management for the 21st Century. DSSL has received many awards and distinctions for its valuable work all these years.