Press Release
16th of March, 2009
Opus Prodox AB (publ) today announces that its wholly-owned subsidiary SysTech
International LLC, has been awarded a support and services contract by the state
of Louisiana for the Batan Rouge area in a competitive procurement. The contract
is of great strategic importance for future upcoming procurements in the region.
The contract period is one year with two possible one-year extensions.
The contract includes performing on-site activations and support services at
inspection stations, and establishing/maintaining a Help Center for providing
troubleshooting support.
“We are proud to be selected as the winning bidder for the important emission
testing services in the state of Louisiana.”, says Lothar Geilen, CEO of SysTech
International. “This win is confirmation of our strategy to provide government
agencies with the best value in the industry. We will employ our internet-based
service application coupled with ‘old-fashioned' hands-on premier service to the
170 inspection stations in the Louisiana vehicle testing area.”
The contract calls for SysTech to maintain and provide support for the On-Board
Diagnostic (OBD II) testing and data collection system at a very high standard
enabling stations to provide excellent service to the motoring public. The
emissions tests are performed in conjunction with annual safety inspections.
These annual safety and emissions inspections consist of inspecting the
vehicle's safety equipment, a visual anti-tampering check of emissions
equipment, a gas cap integrity test and an OBD II test of the emission control
systems.
The order value is not disclosed due to competitive reasons. The contract does
not trigger any earn-out payments to the sellers of SysTech.
This press info is available in Swedish at www.opus.se
For additional information, please contact
Magnus Greko, President and CEO
Opus Prodox AB (publ)
Phone: +46 (0) 31 748 34 91, +46 (0) 705 58 45 91
E-mail: magnus@opus.se
WEB: www.opus.se
Opus' Certified Adviser
Thenberg & Kinde Fondkommission AB
Box 2108
SE-403 13 Gothenburg
Sweden
Phone: +46 (0) 31 745 50 00
SysTech International, established in 1999, is part of the Opus Group and
provides turnkey vehicle inspection program management services, including
vehicle information databases, and advanced emission and safety test systems to
various levels of government agencies (federal, state and regional) and to
individual inspection stations. The Opus Group is in the business of developing,
producing and selling products and services within Automotive Test Equipment,
Vehicle Inspection Systems and Fleet Management for the global market. The
products include emission analyzers, diagnostic equipment, and automatic test
lines. Services include management of mandatory vehicle inspection programs. The
Group sells its products and services in more than 50 countries all over the
world and currently employs around 170 persons. The turnover for 2008 was SEK
175 million pro forma (including acquisitions). Opus' share is listed on First
North (Stockholm Stock Exchange) under the ticker OPUS.
