TRAFFIC TECHNOLOGIES SECURE SIGNIFICANT 4M IN NEW CONTRACTS AT HOME AND OVERSEAS

Traffic Technologies (ASX: TTI) is pleased to announce the awarding of a number of significant new contracts in Australia and internationally with a combined value of approx. $4 million. View the announcement ? https://hubs.ly/Q02k_frD0

Highlights include:

? Quick Turn Circuits (QTC) has been awarded a contract to manufacture and supply up to $1.2m of traffic controllers and software licenses to expand an existing traffic management system in Pudong, Shanghai.

? Aldridge Traffic Systems has won further contracts of up to $2m, for the supply of its Smart City LED streetlights to the Mornington Peninsula Shire in Victoria.

? Aldridge Traffic Systems has also been awarded a further contract worth up to $1m for the supply of its environmentally friendly LED traffic signalling equipment for the $1.2 billion, 6.7km Stage 3 Gold Coast Light Rail project in Queensland.