03/04/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Sensys Gatso USA, signed a three-year contract extension for Managed Services with the City of Maitland, Florida. The red light program, which began in 2009, will continue for three more years and has an estimated contract value of $620K USD.
Maitland, a city of 15K people in the greater Orlando area, has long been visited for its pleasant climate and its proximity to theme parks, such as Walt Disney World and Universal Studios. It offers historical and natural points of interest as well as centers for the arts.
“This extension demonstrates the ongoing confidence that Maitland leadership has in Sensys Gatso products, services and staff. We are delighted to work on their behalf for the next three years and to be a part of their efforts to increase public safety of their residents and visitors, alike,” 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 17.00 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.