Envirotest, Corp., subsidiary of Opus Inspection, has received an extension of
its contract to provide Vehicle Emissions Inspection Program services for the
State of Maryland, Motor Vehicle Administration (MVA). The amendment will
extend the contract until September 30, 2019.
Since 1992, Envirotest has managed the Maryland program and currently operates
18 centralized inspection stations, with a total of 81 lanes. The company’s
services include provision of a host computer with a fully integrated data
acquisition and reporting system for the stations, MVA, and the Maryland
Department of the Environment (MDE).
Maryland’s Motor Vehicle Emissions Inspection Program tests 1.7 million vehicles
annually for auto emissions in the Baltimore-Washington corridor. The value of
the amendment for the five year renewal period of the contract is not to exceed
$64,084,272. All other terms and conditions in the original contract remain in
effect.
“We are very grateful that MVA has extended the contract for another five
years,” said Jim Sands, President of Opus Inspection. “The confidence that MVA
has placed in our management and operations team reflects our dedication to
providing the highest quality service to our customers and motoring public.”
Mölndal, September 5, 2014
Opus Group AB (publ)
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
About Opus Group
Opus Group is a leading company in vehicle inspection technology and vehicle
inspection program operations. The Group has two main business areas which are
vehicle inspection and equipment. Opus Group is one of the market leaders in
vehicle inspection operations in the US and Sweden. Opus Bilprovning has 74
vehicle inspection stations in Sweden. Opus Inspection operates vehicle
inspection programs in the U.S., Bermuda, and Peru and is active in sales and
service of emission control equipment in North America and Mexico. Through the
subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts
production, sales, and service of vehicle inspection equipment for vehicle
inspection companies and vehicle workshops. Opus Group’s revenues amounted to
approximately SEK 1,047 million in 2013. Opus Group’s shares are listed on
Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release
is published in accordance with the rules in the law (2007:528) under the
Securities Market Act (2007:528).
