03/04/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso USA, signed a contract extension with the City of Tuscaloosa, Alabama for Managed Services. The extension of this red light traffic enforcement program is for a minimum of one year with the potential for three years, if new intersection cameras are added. The estimated revenue for the three-year contract term is $580K USD.
Tuscaloosa is home to the University of Alabama and its very popular Crimson Tide Football team, drawing crowds of 101K on game day. In addition, Tuscaloosa has many awards to its credit, including "Most Livable City in America," and one of America's "100 Best Communities for Young People.”
“We have had such a positive partnership with the folks in Tuscaloosa since 2012 and we are so pleased to be continuing our relationship with the City for the next several years”, says Andrew Noble, President of Sensys Gatso, USA.
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 09.30 on April 3, 2018.
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.