Sensys Gatso has received a procurement award for red-light and mobile speed enforcement in Malaysia worth SEK 14 million

10/07/2020 - Sensys Gatso Group, a global leader in traffic safety solutions, has been awarded through its Malaysian partner a tender to supply the Malaysian Government with traffic enforcement products and services for two years. Sensys Gatso received the first order under the procurement award for the first batch consisting of in-vehicle speed enforcement equipment, corresponding to SEK 1,8 million. The in-vehicle systems will be installed in Q4, 2020.

The Malaysian government has been looking for new innovative solutions to improve traffic safety and to enhance the evidence material for red-light offences and has chosen the proven Sensys Gatso solutions. The contract also includes supply, installation and maintenance of red-light systems which is the majority of the value of the contract. The red-light systems will be installed in 2021 and are a replacement for competitive systems.

“We are pleased to introduce Sensys Gatso’s enforcement solutions to a new customer for us. We look forward to supporting the Royal Malaysia Police in their objective of making the Malaysian roads safer. This is also an opportunity to supply modern technology for red-light enforcement to replace existing old systems”, says Stefan Svenningsson, Senior Sales Manager, Sensys Gatso.

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 above, at 13.45, July 10th, 2020.

 

 Release (pdf)

For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E investors@sensysgatso.com

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 252 employees.

Published: 10/07/2020