August 28, 2017 - DTI receives Letter of Award for new buses for Oman
DTI Group Ltd (ASX: DTI) (DTI) advises that it has received a Letter of Award (LOA) from Majees Technical Services LLC (Majees) for the supply of 98 bus surveillance systems for buses being delivered to Mwasalat (Mwasalat). Mwasalat is a government-owned public bus company and is the leading public transport company in the Sultanate of Oman.
The DTI surveillance systems are to be delivered over the next 12 months and installed on new buses being constructed in Poland, Turkey and The Netherlands.
The award of this LOA is a strong endorsement of DTI’s products as well as its ability to deliver into global projects with multiple bus manufacturers in different countries. The Oman project is the second major bus project awarded to DTI in the Middle-East. Purchase Orders for the various bus builds are expected to be received over the next three months.
With the award of a number of recent contracts, including the Oman and previously announced Gibella LOI, DTI’s contracted work on hand has increased to $31 million. This is a record high for contracted work and supports the investment made by DTI in developing leading technology in transit surveillance and communications systems.
For further information please contact Peter Tazewell, Chief Executive Officer.
About DTI Group
DTI provides sophisticated surveillance systems, solutions and services to the mobile security industry worldwide. DTI’s clients are transit agencies, transit operators, freight operators, law enforcement authorities and taxi organisations which utilise a range of professional products and services that encompass on-board recording equipment, fleet management systems, back-end mass storage and retrieval facilities and end-to-end managed services. Sales and project delivery is undertaken both by DTI directly and through its global partners’ network.
DTI is a recognised supplier to the mass transit surveillance market. Core technology development and system design activities are undertaken from the Company’s headquarters in Perth Australia.