Following the announcement of the potential acquisition of 1679 Gatso by 569 Sensys Traffic in June, the potential merger of the two enforcement companies is already proving fruitful, with the award of two new orders to Gatso.
A new customer has awarded the company an order for a large quantity of mobile speed enforcement systems worth US$19 million. It also includes a fully equipped workshop and extensive knowledge transfer for integration, maintenance and calibration. The first shipment is scheduled for July 2015 and delivery completion is expected by the end of the year.
Edmar van der Weijden, Gatso's Sales and Marketing director comments: "Gatso successfully passed extensive trials before the contract was finally awarded. Derived from our many years of experience in France and the USA, we have engineered a near-invisible solution that can operate efficiently large scale under extreme environmental conditions. Even in countries with an established traffic enforcement program our mobile T-Series is a powerful tool to dramatically reduce fatal road crashes.”
"This order proves the competitiveness of the Gatso product portfolio and indicates the strength of the combined company after the proposed merger,” says Sensys CEO Torbjörn Sandberg.
Gatso has also received another order worth EUR 720,000 for traffic safety systems in the Middle East, in addition to the order for a new customer in the region previously announced in June. The order covers the supply of red light and speed camera systems, and is expected to be delivered during the third quarter 2015.
Gatso’s managing director Timo Gatsonides comments: “This follow-on order is encouraging and we are looking to further develop our cooperation with this customer.”
Sensys' acquisition of Gatso is expected to be finalised at the end of July.
A new customer has awarded the company an order for a large quantity of mobile speed enforcement systems worth US$19 million. It also includes a fully equipped workshop and extensive knowledge transfer for integration, maintenance and calibration. The first shipment is scheduled for July 2015 and delivery completion is expected by the end of the year.
Edmar van der Weijden, Gatso's Sales and Marketing director comments: "Gatso successfully passed extensive trials before the contract was finally awarded. Derived from our many years of experience in France and the USA, we have engineered a near-invisible solution that can operate efficiently large scale under extreme environmental conditions. Even in countries with an established traffic enforcement program our mobile T-Series is a powerful tool to dramatically reduce fatal road crashes.”
"This order proves the competitiveness of the Gatso product portfolio and indicates the strength of the combined company after the proposed merger,” says Sensys CEO Torbjörn Sandberg.
Gatso has also received another order worth EUR 720,000 for traffic safety systems in the Middle East, in addition to the order for a new customer in the region previously announced in June. The order covers the supply of red light and speed camera systems, and is expected to be delivered during the third quarter 2015.
Gatso’s managing director Timo Gatsonides comments: “This follow-on order is encouraging and we are looking to further develop our cooperation with this customer.”
Sensys' acquisition of Gatso is expected to be finalised at the end of July.
