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Sensys Gatso USA is awarded a five-year TRaaS contract from Livonia, Louisiana worth SEK 15 million
11-05-2021
Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA has entered into its first automated photo enforcement program in the state of Louisiana. This managed service red light and speed enforcement program with Livonia is five years in duration and is expected to yield approximately USD 1.8 million, corresponding to SEK 15 million, over the five-year term.
Livonia is a small town of 1400 residents located approximately 30 miles outside of the state capital, Baton Rouge. Despite its small size, there are significant speeding problems and red light intersection violations in the town that need to be addressed. Running through the town is US Highway 190 that carries commuters into the state capital each day and generates high volumes of traffic.
This managed services contract also allows for several, one-year extensions and the expected timeframe for the program roll out is August of this year.
“Sensys Gatso USA is looking forward to working with the Town of Livonia, our first Louisiana client, to help curb the number of speeding vehicles impacting their community each day.” says Andrew Noble, President of 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, at 09.00 on 11 May, 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.