03/11/2014 - SENSYS Traffic AB, a global supplier of traffic safety solutions, has today received an order for automatic traffic safety control (ATC) systems and cabinets from the Swedish Transport Administration.
The SEK 93 million order under the contracts entered into between Sensys and the Swedish Transport Administration in 2013 is for the continued replacement of existing ATC systems and the installation of new ATC stations in 2015.
"Business with the Swedish Transport Administration has gone very well since starting up in July 2013," says Sensys CEO Johan Frilund. "As our service organisation has grown, our relationship with the Administration has blossomed and we are now working together very successfully on achieving the Administration's goal of replacing the existing ATC systems and also greatly expanding the national network of ATC stations in order to meet the traffic safety targets in the national transport plan. Our business with the Swedish Transport Administration plays a very important role as a reference for us in our dealings with authorities and operators abroad, strengthening our position in ongoing negotiations."
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. This information was submitted for publication at 1.20 p.m. on 3 November 2014.
For further information:
Johan Frilund, CEO
Mobile: +46 (0)73-274 28 23
Sensys Traffic is a leading supplier of system solutions for traffic safety within the ATC area (automatic traffic safety control). Sensys develops, markets and sells systems that are mainly used to monitor and register speed limit violations and for red-light enforcement. In addition to sales of systems, Sensys Traffic also provides service and maintenance. Sensys Traffic’s end customers are primarily police and road authorities all round the world, but also include private operators. Sales are conducted either directly or via partners, agents and distributors. Sensys Traffic is headquartered in Jönköping, Sweden, is listed on NASDAQ OMX Stockholm, has 41 employees and turnover for 2013 was SEK 62.5 million.