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Sensys Gatso receives TRaaS contract for traffic safety in Hawthorn Woods, IL, worth SEK 12 million
31-01-2025
Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a five-year base term automated red light enforcement contract with the Village of Hawthorn Woods, IL. The Village Board unanimously approved the ordinance approving the contract.
The contract is estimated to be worth up to $1.1 million (USD) corresponding to SEK 12 million. The program is anticipated to begin in late spring of 2025.
The proposed intersections will be submitted to the Lake County Department of Transportation for their review and approval. The intersections were selected based upon the crash history and a violation survey that was conducted.
“The Village reached out to us after experiencing a significant number of crashes at their major intersections”, said Sensys Gatso USA President and Managing Director, Bill Braden. “We look forward to partnering with them to address their traffic safety concerns. Through technology, automated traffic enforcement becomes a force multiplier for the Village at a time when local resources are stretched.”
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 10.20 on January 31, 2025.
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: 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, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 302 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.
For further information, visit www.sensysgatso.com