On January 1, 2014, Opus Inspection successfully began vehicle inspection
operations under its exclusive contract with the Commonwealth of Virginia
Department of Environmental Quality (DEQ) to provide Vehicle Emissions
Inspection & Maintenance Program, Program Coordinator Services. Over 530
Virginia inspection stations are now communicating with Opus Inspection’s data
management system, which will process approximately 900,000 inspections per
year.
Over the next few months, Opus Inspection will replace the legacy inspection
equipment in all of the inspection stations with new NVAS-2 inspection
equipment. Opus Inspection designs and manufactures the new equipment that
provides much better reliability and accuracy than the legacy equipment. Opus
Inspection will own the equipment and will be responsible for its maintenance to
the highest quality standards for the duration of the contract.
Under the Virginia contract, Opus Inspection will also:
• Train and support licensed emissions inspectors;
• Provide support to DEQ licensing and certification functions for inspectors,
repair technicians and repair facilities;
• Provide call center support for inspection stations; and
• Perform remote inspection data monitoring leveraging Opus Inspection’s
proprietary technology to ensure inspection stations are properly performing
inspections.
"The launch of the vehicle inspection operations is a significant milestone in
our contract with Virginia," said Lothar Geilen, President of Opus Inspection.
"Soon, we are implementing our latest innovations in data management that will
connect the stations to the Department with real-time video and data
communications, and live, interactive applications to streamline the DEQ’s
oversight responsibilities."
The contract will continue for a period of seven years and may be extended by
the DEQ for two additional years.
The order value of the contract is not disclosed due to competitive reasons.
Gothenburg, January 13, 2014
Opus Group AB (publ)
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
Opus Group is a leading company in vehicle inspection technology and vehicle
inspection program operations. The Group has two main business areas which are
vehicle inspection and equipment. Opus Group is one of the market leaders in
vehicle inspection operations in the US and Sweden. Opus Bilprovning has 72
vehicle inspection stations in Sweden. Opus Inspection operates vehicle
inspection programs in the U.S., Bermuda, and Peru and is active in sales and
service of emission control equipment in North America and Mexico. Through the
subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts
production, sales, and service of vehicle inspection equipment for vehicle
inspection companies and vehicle workshops. Opus Group’s revenues amounted to
approximately SEK 469 million in 2012. Opus Group’s shares are listed on Nasdaq
OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release
is published in accordance with the rules in the law (2007:528) under the
Securities Market Act (2007:528).
