02/05/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso USA, has on-going Managed Services contracts with the cities of Des Moines, Cedar Rapids and Muscatine Iowa. For the past 12 months these programs have largely been scaled back due to the Iowa Department of Transportation’s (IDOT) order to have the cities’ remove or relocate certain cameras.
Collectively, the three cities had filed an appeal challenging a district court order upholding administrative rules issued by IDOT. The appeal was ultimately successful for the cities. The conclusion was made by the Supreme Court that IDOT was without statutory authority to enforce its administrative rules regarding the cities’ automated traffic enforcement systems (ATE’s). The 2017 decision has been reversed and remanded for further proceedings consistent with this Supreme Court ruling.
There are a few tollgates that still need to be passed in order for these Managed Service programs to resume in their entirety. The Iowa legislation, still in session for two more weeks, has two bills under consideration. One “bans” cameras and the other “regulates” cameras. If no action is taken, the cities will then decide whether or not to re-start their programs in their entirety. Sensys Gatso USA stands ready to reactivate the cameras and resume normal operations as early as June.
This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 13.20 on May 2, 2018.
Link to release from May 18, 2017
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm and has 167 employees.