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Sensys Gatso receives second order from Malaysia worth SEK 11 million under the procurement award for traffic enforcement equipment

24-05-2021

Sensys Gatso Group, a global leader in traffic safety systems, has through its local partner in Malaysia, SarangMas Sdn Bhd, received an order for red-light systems from the Royal Malaysian Police to the value of EUR 1.1 million, corresponding to SEK 11 million.

After a successful implementation and handover of the earlier delivered in-vehicle speed solution, Sensys Gatso has now via their local partner received an order for red-light systems. This is the second and last order under the SEK 14 million procurement award which was received in July 2020. The order contains hardware and licenses and the buyer is the Royal Malaysian Police (RMP). The delivery will take place during the third quarter of this year.

“With this delivery we consolidate our position with the RMP and establish ourselves as a main supplier for traffic enforcement in Malaysia. We are looking forward to continuing supporting the RMP and the government to make traffic safer in Malaysia”, says Stefan Svenningsson, Senior Sales Manager, Sensys Gatso.

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 11.45 on May 24, 2021.

For further information:
Ivo Mönnink, CEO
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, Costa Rica, Germany, the Netherlands, Sweden and the USA, and a branch office in the United Arab Emirates and has 252 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.

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PR Malaysia 20210524 EN 1