Sensys Gatso receives TRaaS contract worth SEK 7.5 million for traffic safety in Marshalltown, IA; expands its footprint in the state

Sensys Gatso Group, a global leader in traffic safety systems, through its subsidiary, Sensys Gatso USA, has executed a five-year base-term contract with the City of Marshalltown, IA. The contract follows a competitive RFP selection of Sensys Gatso for an automated speed enforcement program in the city.  The contract is estimated to be worth up to $750,000 corresponding to SEK 7.5 million over the contract period. The program is anticipated to begin in early 2023. 

Capt. Chris Jones of the Marshalltown Police Department said: “As much as law enforcement agencies wish to be everywhere, community concerns are widespread. Having an automated traffic enforcement (ATE) program helps address potentially dangerous drivers in areas of the community that matter most.”

“Sensys Gatso Group has done a fantastic job helping our community develop an ATE program with up-to-date technology that is customizable to our city's specific needs. We look forward to furthering our relationship with Sensys Gatso Group and have valued their input and expertise as we continue to develop our city's new traffic safety program.” Jones said. 

“We are very happy to partner with Marshalltown to address their traffic safety concerns”, said Sensys Gatso USA President and Managing Director, Bill Braden. “Our team is ready to work with the City to implement their specifically designed automated traffic safety program and reduce dangerous driving in the community.” 

Sensys Gatso USA now has 9 contracted automated traffic enforcement programs in the state. 

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 set out above, at 09.40 on December 1, 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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