Sensys Gatso receives contract extension from Australia worth SEK 4.5 million

21/12/2018 - Sensys Gatso, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso Australia received a contract extension to the value of AUD 0.7 million, corresponding to SEK 4.5 million for new intelligent traffic systems supply and services to the Victorian Government.

The contract extension is for the supply and installation of new unregistered vehicle monitoring systems at selected intersection sites in the State of Victoria. The supply and installation services to the value of AUD 0.7 million are expected to be completed by the end of 2019.

Sensys Gatso Australia's Managing Director Enzo Dri comments: "The installation of new unregistered vehicle monitoring systems will interface with installed traffic safety system technology at selected intersections. This project supports the State's objectives to ensure that the vehicles using the road network have met all of the required safety and legal obligations. We are pleased to support the State of Victoria with our high integrity, innovative solutions."

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, at 15.50 on December 21, 2018.

 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 167 employees.

Published: 21/12/2018