DRI Corporation’s (DRI) Mobitec Group subsidiary will be awarded several orders for Mobitec electronic information display systems (EIDS) on behalf of the Roads and Transport Authority's Public Transport Agency (RTA) transit bus vehicle fleet in Dubai, United Arab Emirates.
RTA's new bus vehicle procurement includes more than 1,600 double-decker, standard, and articulated buses of various sizes. Orders for this significant bus vehicle procurement are being placed through several bus vehicle manufacturers.
The agreement, which specifically includes RTA, may provide more than $8 million in potential revenues for the company as related specifically to RTA's requirements. Delivery is expected to start in mid-to-late first quarter, span all of 2009, and continue into 2010.
Mobitec Group, a global supplier of electronic information display systems, is based in Herrljunga, Sweden. It also operates business units in Australia and Germany, as well as joint ventures in Brazil and India.