28/10/2013 - SENSYS Traffic AB has received an order from Saudi Arabia worth SEK 6 million for traffic speed enforcement.
The order, which is Sensys' first from a customer in Saudi Arabia, is estimated to be delivered in the first quarter 2014. The customer is a Saudi company with extensive operations in the country.
"It is extremely gratifying to have been chosen by this customer in Saudi Arabia. Our technology, together with our references, was decisive for us to be chosen in preference to competitors for this contract," says Johan Frilund, CEO of Sensys Traffic AB.
Sensys Traffic is obliged to publish the information contained in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. Such information was submitted for publication at 1.00pm on 28 October 2013.
Johan Frilund, CEO
Mobile: +46 (0)73-274 28 23
Sensys Traffic AB develops and markets various systems for traffic informatics and traffic safety. The products are primarily used for speed and red-light enforcement. The Sensys share is listed on NASDAQ OMX Stockholm.