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Sensys Gatso wins Managed Services contract worth estimated SEK 8 million

25-07-2018

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has been awarded an automated speed enforcement program in New Richmond, OH. The expected sales over the contract period of 5-years is estimated at SEK 8 million.

Sensys Gatso USA will deploy fixed combined Red Light and Speed camera systems and hand held speed units to the New Richmond, OH police department. Under this five year Managed Services contract with 2 - two year extensions possible, Sensys Gatso will handle the camera deployment, maintenance, officer training and the entire fulfilment process, which includes citations mailing and payment processing.

New Richmond is a small village located 20 minutes southeast of Cincinnati, Ohio. Running through the village is a major state route, SR 52, which is the Ohio River Scenic Byway paralleling the river and carrying thousands of vehicles each day.

“Sensys Gatso USA is excited to be partnering with Police and Village Officials in New Richmond to help them achieve their safety goals” says Andrew Noble, President, Sensys Gatso USA.

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 10.05 on July 25, 2018.

For further information:
Ivo Mönnink, CEO & President
Sensys Gatso Group AB
E 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, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm and has 167 employees.

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PR NR 20180725 EN