Our company's subsidiary, Proline Information Systems and Trade Inc., has signed a Contract for the Installation and Implementation of the Urban Security Management System and License Plate Recognition System Infrastructure as part of the joint venture established for the Turkey-wide Urban Security Management System (KGYS) Modernization and Improvement Project, which is being carried out by the General Directorate of Security.
The equipment installation work to be carried out under this contract is scheduled to be completed within 24 months, in accordance with the timeline specified in the contract.
The total value of the signed contract is 6,645,000 U.S. dollars plus VAT.
We hereby bring this to the attention of our investors and the public..
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.