24/09/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, announced on March 22nd a procurement award for in-vehicle based traffic enforcement systems from a governmental customer in Saudi Arabia. The procurement award concerned the delivery of systems to a potential total value of EUR 10 million, corresponding to SEK 100 million. Under the procurement award the customer has placed a first order of SEK 66 million.
Sensys Gatso Group is pleased to announce that out of a total of five batches related to this order, the 1st delivery has now been successfully completed. This has in turn triggered the shipment of the 2nd delivery.
“We are not only excited to have successfully delivered and installed the first batch, but also to have established a closer relationship with an important customer with whom we hope to have a long-term relationship in this very relevant market”, says Saman Alae Naziri, General Manager, Sensys Gatso Group MENA.
Sensys Gatso’s T-series in-vehicle systems have a great impact on driver behavior as they are unpredictable in time and location. They can be deployed in large quantities rather fast without having to install fixed units on the roadsides.
The information was submitted for publication, through the agency of the contact person, at 12:00 on September 24, 2018.
For further information:
Ivo Mönnink, CEO & President
Sensys Gatso Group AB
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.