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Sensys Gatso delivers third batch in-vehicle enforcement systems to Saudi Arabia
07-01-2019
Sensys Gatso Group, a global leader in traffic safety solutions, announced on March 22nd, 2018, a procurement award for in-vehicle based traffic enforcement systems from a governmental customer in Saudi Arabia. The procurement award concerned the delivery of systems to a potential total value of EUR 10 million, corresponding to SEK 100 million. Under the procurement award the customer has placed a first order of SEK 66 million (press release September 24, 2018).
Sensys Gatso Group is pleased to announce that the third batch of SEK 14 million has been delivered and accepted by the customer.
“The customer has started its in-vehicle enforcement program and is very pleased with the performance of our systems. These results are contributing to our efforts to become an important and long term strategic supplier”, says Joris Lampe, CCO, Sensys Gatso Group.
Sensys Gatso’s T-series in-vehicle systems have a great impact on driver behavior as they are unpredictable in time and location. They can be deployed in large quantities rather fast without having to install fixed units on the roadsides.
The information was submitted for publication, through the agency of the contact person, at 14.00 on January 7, 2019.
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.