November 25, 2009

DRI Corp. wins Brazilian info display system order

DRI Corp. announced its Sweden-based Mobitec AB subsidiary, through its Mobitec Brazil Ltda business unit in Brazil, received an order for electronic information display systems (EIDS) from Bombardier for a rail project in Sao Paulo, Brazil.

"Bombardier has ordered Mobitec Brazil's EIDS products for approximately 50 light rail cars in Sao Paulo. This order is strategically relevant because it marks our official entrance into the Brazilian rail market. Delivery of the order has commenced and is expected to conclude in first quarter 2010," said David L. Turney, DRI's chairman, president and CEO. "We foresee good demand for rail cars in Brazil, particularly as the region invests in transit infrastructure in preparation for the upcoming FIFA World Cup in 2014 and the Games of the XXXI Olympiad in 2016."

 

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