DRI Corporation Announces Mobitec Order in Saudi Arabia

DRI Corporation TBUS announced today that the Company's Mobitec AB subsidiary in Herrljunga, Sweden, has received an order for Mobitec® electronic information display systems from an original equipment manufacturer on behalf of a fleet operator in Saudi Arabia. The order, with a total value exceeding $650,000 USD, will be delivered in fiscal years 2011 and 2012. David L. Turney, the Company's Chairman of the Board and Chief Executive Officer, said: “This order continues the market penetration that we've been demonstrating in the Middle East for quite some time. We view that market as being a great long-term opportunity and we're very much appreciative that the OEM and end customer chose to honor us with the order.” Oliver Wels, the Company's President and Chief Operating Officer, Global Operations, said: “The products ordered include Mobitec® EIDS products for the front, sides and rear of the fleet operator's inter-city bus vehicles, as well as Mobitec® ICU 600 control units and cabling.”