Gothenburg, Sweden, 2011-12-29 13:42 CET (GLOBE NEWSWIRE) -- In September, Opus Prodox AB (publ) announced that The Wisconsin Department of Transportation (WisDOT) had issued their intention to award the contract for the State’s emissions testing program to Opus subsidiary Systech International, LLC.
Today Opus is announcing that Systech has now signed a contract with the State for five years, with two three-year options to extend, for a total of 11 years. The contract starts on July 1, 2012, and covers the seven densely populated southeastern counties in Wisconsin. Under the contract, Systech will engage 200 auto service businesses as inspection program subcontractors to test approximately 800,000 vehicles annually. As an added service, Systech will offer registration renewals to Wisconsin motorists at inspection locations.
“We are excited to enter into a long term business relationship with the State of Wisconsin” said Lothar Geilen, President and CEO of Systech, “and we are looking forward to offer our innovative emission testing technology for the benefit of the citizens of Wisconsin.”
This agreement will bring welcome change, greater convenience, and better value for Wisconsin motorists and local businesses, while reinforcing the State’s commitment to cleaner air.
Systech anticipates that the Wisconsin contract will be the company’s largest to date. Total order backlog at Systech (including contract extensions and registration renewal services) has grown from USD 72 million at the time of the acquisition (April 2008) to now over USD 90 million.
This press info is available in Swedish at www.opus.se.
For additional information, please contact
Magnus Greko, President and CEO
Phone: +46 31 748 34 91
E-mail: magnus.greko@opus.se
Opus’ Certified Adviser
Thenberg & Kinde Fondkommission AB
Box 2108
SE-403 12 Gothenburg
Sweden
Phone: +46 31 745 50 00
——————————————
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 Group’s 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 2010 was approx. SEK 230 million. Opus’ share is listed on First North Premier (NASDAQ OMX) under the ticker OPUS.
