Opus Prodox AB (publ) today announces that its wholly-owned subsidiary SysTech
International LLC, has been awarded a contract by the Municipality of
Anchorage, Department of Health and Human Services to manage and operate the
city's official I/M Referee Facility.
Starting January 1, 2010, SysTech will provide and staff a new facility with
highly qualified automotive technicians who will supply valuable services to
the motoring public and vehicle inspection businesses throughout the
Municipality. The Referee Facility will resolve disputes by performing tests
for vehicle owners who disagree with the findings of a local I/M Station. The
Referee Facility will also be responsible for the inspection of certain
vehicles which are not allowed to be inspected at an I/M Station, such as those
which have non-standard engines. In addition, the Referee Facility will conduct
specialized testing and vehicle modifications as directed by the Municipality.
SysTech employees will also provide I/M program support services at the Referee
Facility including proctoring hands-on tests to applicants who wish to become
Certified I/M Technicians, providing I/M training workshops and conducting
Quality Assurance Audits at local I/M facilities. SysTech's national call
center will support the Referee Facility by acting as an information resource
for I/M technicians in Anchorage.
SysTech was selected by competitive procurement. The contract period is two
years with three one-year extension options.
“We are pleased to be selected as the winning bidder to operate the official
Referee Facility in the Municipality of Anchorage.”, says Mr. Lothar Geilen,
CEO of SysTech. “This win continues to demonstrate that SysTech provides our
government customers with the best service offerings in the industry. We will
provide the Municipality with advanced database management tools as well as
specialized, hands-on, expert technician services. The keys to providing the
professional services expected by the Municipality are integrity, objectivity
and impartiality, all of which are core to our corporate values.”
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
Phone: +46 31 748 34 91, +46 705 58 45 91
E-mail: magnus@opus.se
Opus' Certified Adviser
Thenberg & Kinde Fondkommission AB
Box 2108
SE-403 13 Gothenburg
Sweden
Phone: +46 31 745 50 00
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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 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 175 persons. The
turnover for 2008 was SEK 175 million pro forma (including acquisitions). Opus'
share is listed on First North (NASDAQ OMX) under the ticker OPUS.
