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Jenoptik Wins Order for Traffic Monitors

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The Traffic Solutions Div. of Jenoptik AG has won a €40 million ($52.8 million) order to equip streets in Malaysia with traffic safety systems, the optoelectronics company reported.

Jenoptik will deliver, install and implement up to 550 traffic monitoring systems in Malaysia and will support the operation over a five-year period. The scope of delivery encompasses stationary and mobile systems for monitoring red-light and speed violations and further on-site services, including equipment installation and the implementation of a comprehensive software solution covering the entire process chain. The project, part of a Malaysian government initiative to improve road safety, will be carried out in northern and eastern regions.

The delivery and installation will commence this year. First sales and earnings contributions have already been noted in 2012, and will positively contribute to the sales and earnings of the company over the next five years, it said.

This is the second traffic order Jenoptik AG has received in the past two years. In the spring of 2011, it won a major order for traffic monitoring systems and equipment from Saudi Arabia.

For more information, visit: www.jenoptik.com/traffic-solutions  
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Published: February 2012
Glossary
optoelectronics
Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
BusinessEuropeGermanyJenoptik AGlight speedMalaysiaOpticsoptoelectronicsSaudi Arabiatraffic monitoring systemstraffic safety systemsTraffic Solutions Div.

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