Sensys Gatso Group

Press release

Order from Middle East worth SEK 12 million

SENSYS Traffic AB, a global supplier of traffic safety solutions, has received an order from a customer in the Middle East today for speed monitoring systems.

Regulatory

The order, totalling SEK 12 million, comes after product approval was obtained following extensive pilot tests that have been ongoing since 2013.

“This contract is proof that our strategy in the Middle East is paying off, but there is still much to do in the region, which is why we intend to raise our profile there. This will allow us to provide better support to our customers in their traffic safety efforts and therefore take advantage of the many business opportunities in the Middle East,” comments Johan Frilund, CEO at Sensys.

Sensys Traffic is obliged to publish the information contained in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication at 9.30 a.m. on 20 November 2014.

For further information

CEO Johan Frilund Mobile: +46 (0)73-274 28 23 e-mail: johan.frilund@sensys.se