Order from Sweden worth 55 MSEK

The order worth 55 MSEK, corresponding to 5,7 MEUR, covers systems and cabinets for replacement of existing systems as well as roll-out of new speed enforcement systems. The deliveries under this order are planned to commence in the fourth quarter 2015 and continue through the fourth quarter 2016.

“It is encouraging that our customer continues to roll out speed enforcement systems at new locations at a high pace. This is an important reference for us in our global expansion as it shows how a strategic use of automatic speed enforcement, within the Vision Zero framework, creates solid results in terms of saved lives. Furthermore it is a receipt on the good performance of Sensys Gatso Group” says Johan Frilund, EVP at Sensys Gatso Group AB.

Sensys Gatso Group was selected as the supplier to the national traffic safety camera program by the Swedish Transport Administration in July 2013. The contracts between Sensys Gatso Group and the Transport Administration are valid until July 2016 and can be extended by two years at the time up to 2022.

This is information that Sensys Gatso Group AB (publ) must publish pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on 5 October 2015 at 08:30.