Systech signs vehicle emission testing contract with the State of Wisconsin

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 most populated 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.” Chuck Supple, Chief Dealer & Agent Section at the Wisconsin Department of Transportation, said, “This agreement with Systech will bring welcome change, greater convenience, and better value for Wisconsin motorists and local businesses, while reinforcing our commitment to cleaner air.”

Systech anticipates that the Wisconsin contract will be the company’s largest to date, resulting in $50 million in revenues over the 11 year period.  Total order backlog at Systech is now over $90 million.

This press info is available in English at www.opus.se