Sensys Gatso wins Managed Services takeover contract worth estimated SEK 8 million

16/07/2018 - Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, is taking over the automated speed enforcement program in Monroeville, OH, from its previous provider. The expected sales over the contract period of 5-years is estimated at SEK 8 million.

Sensys Gatso USA will deploy four fixed combined Red Light and Speed camera systems, one fixed speed camera system and two hand held speed units to the Monroeville, OH police department. Under this five year Managed Services contract with two year extensions possible, Sensys Gatso will handle the camera deployment, maintenance, officer training and the entire fulfilment process, which includes citations mailing and payment processing.

Monroeville is a small village located one hour west of Cleveland, Ohio. Running through the village is a major state route, SR 20, which runs east -west across Ohio from the Pennsylvania to Indiana border carrying thousands of vehicles each day.

“Sensys Gatso USA is looking forward to more expansion into the State of Ohio and is excited for the opportunity to work with the Police and Village Officials in Monroeville to help them achieve their safety goals” says Andrew Noble, President, 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 08.40 on July 16, 2018.

 

 Release (pdf)

For further information:
Ivo Mönnink, CEO & President
Sensys Gatso Group AB
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: 16/07/2018