Image Systems' business area Motion Analysis receives an order of approximately SEK 1.8 million from a customer in Asia

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The order includes subscription licenses for an initial period of 5 years of the software TrackEye and the software TEMA. The order will be recognized as revenue on a monthly basis during the contract period.

"Our work to expand our share of subscription income is paying off and this order is a proof that our strategy is in line with what the market demands. With the transition to a subscription model, we are increasing the robustness of our business model," says Johan Friberg, CEO Image Systems.

For further information, please contact:
Johan Friberg, CEO, tel +46 13-200 100, e-mail johan.friberg@imagesystems.se 

Image Systems is a Swedish high-tech company and a leading supplier of products and services in high-resolution image processing. By constantly challenging the market's concept and instead offering new and more efficient solutions, we help our customers achieve increased success in their businesses. The company caters to a large number of industries globally and operations are conducted in two business areas RemaSawco and Motion Analysis. Image Systems has approx. 70 employees in offices in Sweden, Finland and Norway. In 2023, the group had a turnover of SEK 171million. The share is listed on Nasdaq Stockholm Stock Exchange's Small Cap list and trades under the ticker IS. For further information visit our website www.imagesystemsgroup.se

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