Axentia signs framework agreement with Region Stockholm/AB Storstockholms Lokaltrafik (SL)

Axentia Technologies AB, part of Axentia Group AB (publ), has signed a framework agreement with Region Stockholm regarding continued cooperation for digital traffic information of real-time displays and text-to-speech with low-powered battery-operated technique.

Upon entry into the framework agreement, the agreement is transferred from Region Stockholm Traffic Committee to AB Storstockholms Lokaltrafik (SL).

The framework agreement is valid for 5 years with a possibility to extend the contract period with 3 years up to a total of 8 years.

Axentia and SL have a long history of cooperation since the first iBus real-time information displays were introduced in Stockholm in 2010. This new framework agreement contains deliveries of ultra-low power displays based on e-paper technology.

“We are happy to continue the collaboration with SL and get the opportunity to introduce our next generation of real-time information displays to further enhance the attractiveness of public transport in Stockholm,” says Dick Ollas, Managing Director at Axentia.

For further information please contact:
Dick Ollas, Managing Director, do@axentia.se
Alma Carlander, CFO, ac@axentia.se
Telephone: +46 (0)13 32 85 30

About Axentia
Axentia is a Swedish company and global supplier of ultra-low powered real-time information displays and solutions for public transport. We create opportunities for both society and people to move forward – with cost-effective, sustainable products and system solutions. For more information, visit www.axentia.se.