Image Systems AB: Image Systems enters into a seven-year framework agreement with the French Ministry of Defense worth approximately MSEK 32
Image Systems' business area Motion Analysis has entered into a seven-year framework agreement with the French Ministry of Defense, for the delivery, maintenance and further development of image processing at French proving grounds.
The agreement includes development and delivery of the company's complete product portfolio as well as maintenance of the same. The agreement is a framework agreement and has a maximum value of EUR 2,700,000, corresponding to approximately SEK 31.8 million.
"The French government and its military test facilities have long been users of Image Systems' products. They are used today at most of the military proving grounds in France. We now see the long term vision the French armed forces have in our products and a proof of our good cooperation between us", says Ohad Zangi, head of Image Systems' business area Motion Analysis.