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SOURCE Systech International
MURRAY, Utah, March 5, 2013 /PRNewswire/ --Systech International, LLC ("Systech") has signed an exclusive contract with the New York State Department of Motor Vehicles (DMV) to sell 10,000 OBD inspection analyzers and implement a new data management system for motor vehicle safety and emissions inspections. The new program, the largest in the country, is fully funded by fees collected from the inspection stations with no cost charged to the State of New York.
Under the NYVIP contract, Systech will:
"We are excited to be working with the DMV and New York's vehicle inspection business community on this vital project," said Lothar Geilen, President of Systech. "The advanced on-board diagnostic (OBD) equipment designed and built by Systech for the inspection stations, will guarantee the highest vehicle connectivity rate ever required in an inspection program and assure inspection integrity with stringent anti-fraud software. Our latest innovations in data management will connect the stations to the Department with real-time communications and live, interactive applications to streamline the State's oversight responsibilities."
The contract will continue for a period of seven years from the date the NYVIP system is deemed to be operational and may be extended by the DMV for up to two additional years. The contract is expected to be operational on December 1, 2013. The contract is expected to start generating revenues in 2013 with the delivery of NYVIP equipment. The order value of the contract is not disclosed due to competitive reasons.
Systech International, established in 1999, is part of the Opus Group and provides turnkey vehicle inspection program management contract services to various levels of government agencies (federal, state and regional) and to individual inspection stations. Opus' share is listed on First North Premier (Stockholm Stock Exchange) under the ticker OPUS.
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