In connection with the acquisition of Gatso Beheer B.V. in 2015 a vendor note of approximately EUR 6.8 million was issued as part of the consideration. The vendor loan may under certain circumstances be converted into new shares in Sensys Gatso Group. The remaining part of the vendor loan amounted to a total of EUR 2.84 million per June 30, 2020.

Sensys Gatso Group, a global leader in traffic safety solutions, has received a new contract from Tahakom in Saudi Arabia. Tahakom is an existing customer from whom Sensys Gatso received its first order in 2018, worth SEK 60 million. The new contract is worth SAR 119 million, corresponding to approximately SEK 275 million.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received a Purchase Order Award that extends the value of an existing TRaffic enforcement as a Service (TRaaS) contract by AUD 1 million, corresponding to SEK 6.4 million over the next 2 years. This order was received for the upgrade of camera systems for the Australian Capital Territory (ACT) Government. As a result of this order, the existing TRaaS maintenance services provided to the ACT Government will extend to a total contract value of services of AUD 1.45 million, corresponding to SEK 9.3 million over the next 2 years.

Sensys Gatso Group, a global leader in traffic safety solutions, has been awarded through its Malaysian partner a tender to supply the Malaysian Government with traffic enforcement products and services for two years. Sensys Gatso received the first order under the procurement award for the first batch consisting of in-vehicle speed enforcement equipment, corresponding to SEK 1,8 million. The in-vehicle systems will be installed in Q4, 2020.

Sensys Gatso Group, a global leader in traffic safety solutions, has received notification from the Dutch Prosecution Service that the first section control system is accepted and will be put in operation from July 7th 2020 onwards.

Sensys Gatso Group, a global leader in traffic safety solutions, has completed the financing transaction of SEK 50 million with Rabobank for financing of its growth plan. As mentioned in our Q1 2020 report to the market, we have met our expectation to close this transaction in the second quarter.

Sensys Gatso Group, a global leader in traffic safety solutions, has received a four year TRaaS contract extension for the operation and maintenance of the Dutch A2 section control system which is part of the EG033 contract. The contract extension has a value of EUR 800 thousand, corresponding to SEK 8 million, over the four year period. With this four years extension, the total length of this TRaaS contract will be 12 years.

Sensys Gatso Group, a global leader in traffic safety solutions, through its American subsidiary Sensys Gatso USA, has been selected by the city of Parma, Ohio to provide six school zone safety camera systems complete with software and fulfillment services. The estimated value of this fully managed service program is USD 2.2 Million, corresponding to SEK 21 million, over the five year period.

Sensys Gatso Group, a global leader in traffic safety solutions, through its American subsidiary Sensys Gatso USA, confirms the contract has now been signed with the Cosevi Road Safety for the country’s Nationwide Intelligent Transportation System. The expected total contract value to Sensys Gatso for equipment, software and maintenance is approximately USD 20 Million, corresponding to SEK 192 Million. Alongside the systems agreement of USD 13.7 Million, corresponding to SEK 132 Million, there is an additional TRaaS maintenance and staffing contract estimated at USD 1.6 Million annually, corresponding to SEK 15 Million, for a contract period of four years.

Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Netherlands, has received final acceptance from its customer, the City of Amsterdam, for the implementation of PULS, used for the automated enforcement of Amsterdam’s Low Emission Zone. The signing of this SEK 6 million contract was announced in our press release of November 28, 2018.