Sensys Gatso Australia receives contract extension of maintenance services for traffic safety systems from the state of Victoria, worth SEK 21 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 3 million, corresponding to SEK 21 million to extend the TRaaS maintenance of existing systems until the end of 2023 from 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 vehicle monitoring systems at selected intersection & highway sites in the State of Victoria. This order extends the current maintenance and support agreement for an additional year until December 2023.

Sensys Gatso Australia's Managing Director Enzo Dri comments: "The extension of this TRaaS agreement is evidence of the quality of Sensys Gatso's service delivery over a number of years. We are pleased that we are able to provide ongoing support to the State to help meet its objectives of a safe 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 14.00 on November 14, 2022.

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, Sweden and the USA, and a branch office in the United Arab Emirates and has 263 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm. 

For further information, visit www.sensysgatso.com

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