Opus Group AB
A-Katsastus Group selects Opus as main supplier of vehicle inspection equipment
Opus Prodox AB 22.12.2011 10:55 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Gothenburg, Sweden, 2011-12-22 10:55 CET (GLOBE NEWSWIRE) -- Opus Prodox AB (publ) today announces that an agreement has been signed with A-Katsastus Group Oy, where Opus will become the main supplier of vehicle inspection equipment for the A-Katsastus Group in several countries. Opus has been supplying equipment to A-Katsastus since 2007. This new agreement further strengthens this cooperation, whereby A-Katsastus agrees to buy the majority of its equipment needs from Opus. The agreement is for an indefinite period and will be automatically extended on a yearly basis. A-Katsastus, with approximately 2,100 employees and 285 vehicle inspection stations distributed over eight countries, is Northern Europe's leading private vehicle inspection company. The group's turnover in 2010 amounted to approximately SEK 1.5 billion. A-Katsastus is in an expansive phase and is planning to build a number of new vehicle inspection stations in Europe in the coming years. Amongst others, the company has the ambition to reach a major market share in the newly deregulated Swedish vehicle inspection market under their own brand, Carspect. 'It is with great pleasure that we now have a formal cooperation agreement with A-Katsastus Group' says Pär Börjesson, Sales Director of Opus Prodox AB. 'This confirms once again that our products have a very good reputation in the industry and that our strategy to be able to supply complete vehicle inspection solutions is appreciated amongst our customers. We believe this has been an important factor in their choice of partner.' 'We welcome the new agreement and look forward to a long-term cooperation. To be able to buy complete equipment solutions from one vendor simplifies our work and enables a more rapid expansion in several countries,' stated Kari Kivikoski, CEO of A-Katsastus Group Oy. 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. News Source: NASDAQ OMX 22.12.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Opus Prodox AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0001696683 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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