Sensys Gatso Australia receives contract extension of maintenance services for mobile camera systems in the state of Victoria, worth SEK 12 million
Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary Sensys Gatso Australia, has received an order to the value of AUD 1.8 million, corresponding to SEK 12.4 million to extend the TRaaS maintenance of existing mobile camera systems until the end of October 2025 from Serco Traffic Camera Services on behalf of the Victorian Government.
Traffic Enforcement as a Service (TRaaS) is a critical part of the Sensys Gatso Australia portfolio. This TRaaS order includes the maintenance & support of the mobile camera systems operated by Serco Traffic Camera Services that are deployed in the State of Victoria. This order is the first of multiple extension options available to the client and extends the current maintenance and support agreement until the end of October 2025 to align with the client’s commercial preferences. The contract has a further 2 optional extension terms of up to 2 years each, exercisable by the client.
Sensys Gatso Australia's Managing Director Enzo Dri comments: "The extension of this TRaaS agreement shows the flexibility of Sensys Gatso commercial engagements and enables the ongoing provision of a high uptime support solution for the in-vehicle traffic safety systems deployed in the State of Victoria. We are pleased to be able to work with Serco Traffic Cameras Services to support the State to change driver behaviour and improve safety on the road network for the community."
This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person, at 10.00 on January 7, 2025.
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: investors@sensysgatso.com
Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 302 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.
For further information, visit www.sensysgatso.com
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