24/01/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, has through its subsidiary Gatso USA, received an award from a village in Ohio to provide an automated speed enforcement program.
The 5-year contract has expected sales of USD 125 thousand annually, corresponding to SEK 5 million over this contract period.
A village in Ohio is partnering with Gatso USA to deploy a hand-held, speed program in their community. With major thoroughfares running through the small town, town leaders are looking to curb the number of speeding drivers making their way through the village each day.
This managed services contract also allows for two, two-year extensions. First revenue from this program is expected in the second quarter of 2018.
“Sensys Gatso is looking forward to collaborating with our client to reduce the overall number of speeding drivers impacting their community” says Andrew Noble, President, 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, at 09.00 on the 24th of January 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.