Bus

DRI's Swedish subsidiary wins contract

Posted on June 3, 2011

DRI Corp. announced its Mobitec AB subsidiary in Herrljunga, Sweden, received an order for Mobitec electronic information display systems from an original equipment manufacturer on behalf of a transit operator in Western Europe.

"This Mobitec EIDS order is strategically significant for several reasons, not the least of which is that it is our first order for this Western European transit system operator through this OEM," said David L. Turney, DRI's chairman of the board/CEO. "This particular Western European location also is a showcase transit market position. Deliveries are expected to conclude in fourth quarter 2011."

The order is valued at approximately $550 thousand.

 

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