04/08/2015 - Sensys Gatso Group, a global leader in traffic safety solutions, has received orders from the United Kingdom (UK) worth EUR 845,000 (SEK 8,4 million).
The orders worth 845,000 EUR on traffic safety systems come from various partnerships and cities in the UK and is expected to be delivered before the end of 2015. The UK at this moment is in the process of replacing wet film speed and red light systems to the latest systems approved according to national certification body, Home Office Type Approval (HOTA).
The orders mainly consists of new systems as well as of upgrades of existing wet film speed and red light systems to the latest technology approved in the UK including digital cameras. The UK has been an important market for Gatso since 1989. This market has one of the largest installed bases of traffic enforcement systems in the world. A majority of the installed systems in UK are currently wet film based and are expected to be replaced within the next coming years.
"It is exciting to be able to communicate the first deal of Sensys Gatso Group, the merger between Sensys Traffic and Gatso, and we are proud of the trust our customers show us" says Torbjörn Sandberg, CEO at Sensys Gatso Group AB.
Sensys Traffic, under name change to Sensys Gatso Group, is obliged to publish the information contained in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication 16:05 on 4 August 2015.
For further information:
CEO Torbjörn Sandberg
Mobile: +46 768-43 43 76
Sensys Gatso Group is the leading provider of traffic safety solutions delivering systems, software and services primarily for automatic traffic enforcement globally. Sensys Gatso has subsidiaries in Australia, Germany, the Netherlands, Sweden, UAE and USA. The group has 200 employees and is the result of a merger between Sensys Traffic AB and Gatso Beheer BV following Sensys Traffic's acquisition of Gatso Beheer. Sensys Traffic had a sales of SEK 160.6 million in 2014 and Gatso Beheer a proforma sales of 275.5 million in the financial year ending September 30th, 2014. Sensys Gatso Group's shares are listed on Nasdaq Stockholm.
For further information please visit www.sensysgatso.com