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Sensys Traffic AB obtains first order from Abu Dhabi
27-03-2012
SENSYS Traffic AB has received an order worth approximately SEK 1 million for deliveries to Abu Dhabi in the United Arab Emirates.
Sensys has previously been a leading supplier to the United Arab Emirates with around 550 speed and red-light monitoring systems installed in the emirates of Dubai and Ajman. This will be the first delivery to Abu Dhabi.
"We have now gained a foothold in Abu Dhabi with two reference systems. This is the first stage further to lengthy marketing activities in an emirate that has so far been dominated by our competitors. We now look forward to taking the next stage in a market that has significant potential," 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. The information was submitted for publication at 11am on 27 March 2012.
Sensys Traffic 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.