December 14, 2010
As previously reported, DRI concluded the acquisition of its remaining 50 percent interest in Mobitec Brazil in fourth quarter 2009 when the purchase was officially registered with the Brazilian government. Its 100 percent ownership of Mobitec Brazil was established on July 1, 2009.
May 5, 2010
Mobitec AB subsidiary in Herrljunga, Sweden, through the Mobitec Brazil Ltda subsidiary in Caxias do Sul, Brazil, signed a supply agreement with a major bus vehicle manufacturer in South America.
February 10, 2010
Products ordered include Mobitec electronic information display systems, Mobitec voice announcement systems and Mobitec global positioning satellite control units.
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