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Sensys Gatso receives a 5 year extension of the service agreement from the Swedish Transport Administration

28-12-2021

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso Sweden, has from the Swedish Transport Administration (Trafikverket) received a 5 year extension of the existing TRaaS service agreement for the nationwide ATK program.

The extended agreement enables the Swedish Transport Administration to continue placing service orders with Sensys Gatso Sweden for the service and maintenance of the existing deployed nationwide network of approximately 2.300 ATK Traffic Safety Cameras during the next five years. The Sensys Gatso Sweden team has already during previous years supplied, installed and maintained all these ATK Traffic Safety Cameras. By this extended agreement, the Swedish Transport Administration has used all their options to extend the original contract from July 8 2013 with Sensys Gatso Sweden. The extended agreement does not include the future expansion and exchange to new Traffic Safety Cameras and related service and maintenance, for which the Swedish Transport Administration recently released a request for tender, a tender which Sensys Gatso will participate in.

“We are of course extremely proud of the fact that the Swedish Transport Administration uses their right to extend the cooperation with us. This is an acknowledgement that we, after 8 years of cooperation within this contract, are delivering value and that our systems and services meet or exceed the high quality standards of the Swedish Transport Administration! We will also participate in the on-going new tender for the future traffic enforcement systems of the Swedish Transport Administrations ATK program.” says General Manager Jörgen Andersson, Sensys Gatso Sweden AB.

The information was submitted for publication, through the agency of the contact person set out above, at 8.30 on December 28, 2021.

For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: 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, Costa Rica, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates and has 252 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.

For further information, visit www.sensysgatso.com