Ohio signs renewed contract with Opus Inspection

The State of Ohio, Environmental Protection Agency has signed a new contract with Opus Inspection’s subsidiary Envirotest to continue providing the vehicle emission inspection program, known as E-Check. The new contract continues through June 30, 2019 and may be extended at Ohio EPA’s option up to an additional two years, during which time the program is expected to transition to OBDII and Remote Sensing testing. Opus Inspection has provided a turnkey vehicle emission inspection program for the State of Ohio since 1995.

The new E-Check program is based on Opus´ proven motorist-choice design, which will provide the consumer with several ways to comply with the inspection requirement:

• 23 full service company-operated stations with 75 Testing Lanes;
• 56 local business subcontracted stations;
• 16 Opus Self-Check OBDII Kiosks; and
• Clean Screening with Opus´ on-road remote sensing technology.

“We have had a longstanding, excellent relationship with Ohio EPA,” said Chris Smith, Opus Inspection’s Vice President of Operations. “We are pleased to continue offering motorist choice and convenience at our E-Check program. We look forward to continuing our partnership with Ohio EPA for many more years.”

Opus estimates the contract value to be approximately $9.4 million per year.

Mölndal, June 15, 2017
Opus Group AB (publ)

For additional information, please contact:
Lothar Geilen, CEO
Tel: +46 31 748 34 00
E-mail: lothar.geilen@opusinspection.com

or:

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

About Us

Opus is a technology driven growth company in the vehicle inspection and vehicle services markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and vehicle services. Opus’ plan is to double its revenues to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The main growth is estimated to come from the expansion of the vehicle communication and services business and the international expansion of the vehicle inspection business with a primary focus on the Latin American and Asian markets. Opus is headquartered in Gothenburg, Sweden. Opus has 30 regional offices of which 20 are located in the United States and the others in Stockholm, Peru, Chile, Argentina, Australia, Germany (dormant), Mexico and Pakistan. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The Opus share is listed on Nasdaq Stockholm.

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