ISG Systems AB concludes agreement to deliver system for traffic surveillance on Norrortsleden in Stockholm

ISG Systems AB concludes agreement to deliver system for traffic surveillance on Norrortsleden in Stockholm ISG Systems AB in Höganäs, which since October 2003 is a unit of the Lagercrantz Group, has concluded an agreement with El & Industrimontage Svenska AB for delivery of camera-based surveillance of traffic on Norrortsleden in Stockholm. The contract is worth in excess of MSEK 11 and contains options worth another MSEK 9 or so. The system includes 120 video cameras, the images from which are coded and digitally transmitted in real time with DVD quality to the control center of Trafik Stockholm. Images will also be available at www.trafiken.nu. Matts Lilja, President of ISG Systems AB, says in a comment: "Following the deliveries to Södra länken, this is yet another strategically important deal for ISG Systems in the area of traffic surveillance. This type of large project is significantly facilitated by our belonging to the Lagercrantz Group. We see that there is great potential in the area of digital image transmission." Per Ikov, VD and CEO of Lagercrantz Group, says in a comment: " Thanks to excellent customer references and unique know-how, ISG Systems has succeeded in concluding one more agreement in the area of traffic surveillance. ISG Systems is a clear example of Lagercrantz's ambition of providing solutions in the growth area of industrial communication." ISG Systems was founded in 1993 and is one of Sweden's leading suppliers of surveillance systems for traffic, seaports, cities, airports and public places. ISG Systems' past deliveries include the traffic surveillance system for Södra länken in Stockholm, Malmö ring road and Arlanda Express. The company has revenue of about MSE 35 and has 17 employees. Stockholm, June 18, 2004. Lagercrantz Group AB (publ) For further information, contact: Per Ikov, President & CEO, Lagercrantz Group AB, telephone +46-8-700 66 70 Matts Lilja, President, ISG Systems AB, telephone +46-42-36 21 40 or +46-733-46 21 41 Lagercrantz Group, which is listed on the O-list of Stockholmsbörsen (the Stockholm Stock Exchange) has revenues of about SEK 1.5 billion and has about 570 employees. Within well-defined niches and in partnership with customers and producers, the Group offers products and solutions in electronics and communication that contribute to the competitiveness of customers. The group is a leading player on the Nordic market and also has operations in the United Kingdom, Germany, Poland, Switzerland and Hong Kong. Lagercrantz Group consists of the parent company Lagercrantz Group AB and the divisions Electronics, Production Services and Communication. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/18/20041028BIT21130/wkr0001.pdf

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