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Sensys Gatso wins Managed Services takeover contract worth estimated SEK 18 million

22-06-2018

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, is taking over the automated speed enforcement program in New Miami, OH, from its previous provider. The expected sales over the contract period of 5-years amounts USD 2 million, corresponding to SEK 18 million.

Sensys Gatso USA will deploy one mobile speed vehicle and two hand held speed units to the New Miami, OH police department in the July timeframe. Under this five year Managed Services contract, Sensys Gatso will handle the camera deployment, maintenance, officer training and the entire fulfilment process, which includes citations mailing and payment processing.

New Miami is a small suburban village located outside of Cincinnati, Ohio. Running through this village is a major state route, SR 127, which runs from Cincinnati all the way north to the Michigan state line and hosts thousands of vehicles each day.

“Sensys Gatso USA is looking forward to further expansion into the State of Ohio and is excited for the opportunity to work with the Police and Village Officials in New Miami to help them achieve their safety goals” says Andrew Noble, President, 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, at 10.00 on June 22, 2018.

For further information:
Ivo Mönnink, CEO
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.