The order is a call within the seven-year framework agreement that was signed between Image Systems and the French Ministry of Defence in the summer of 2023, a framework agreement worth up to a total of EUR 2.7 million. In addition to the in-house developed TrackEye software, the order received consist to a large portion of a camera system from a subcontractor. Delivery is expected to take place during the first quarter of 2025.
"The French state and its military test facilities have long been users of Image Systems' products and are used at most of the military test sites in France. The order once again confirms our good cooperation", says Johan Friberg, President and CEO of Image Systems and its Motion Analysis business area.
For further information, please contact:
Johan Friberg, CEO, tel +46 13-200 100, e-mail johan.friberg@imagesystems.se
Image Systems is a Swedish high-tech company and a leading supplier of products and services in high-resolution image processing. By constantly challenging the market's concept and instead offering new and more efficient solutions, we help our customers achieve increased success in their businesses. The company caters to a large number of industries globally and operations are conducted in two business areas RemaSawco and Motion Analysis. Image Systems has approx. 70 employees in offices in Sweden, Finland and Norway. In 2023, the group had a turnover of SEK 171million. The share is listed on Nasdaq Stockholm Stock Exchange's Small Cap list and trades under the ticker IS. For further information visit our website www.imagesystemsgroup.se
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