DRI Corporation Announces Mobitec Order in Western Europe

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DRI Corporation TBUS, a digital communications technology leader in the global surface transportation and transit security markets, announced today that the Company's Mobitec AB (the “Mobitec Group”) subsidiary in Herrljunga, Sweden, has received an order for Mobitec® electronic information display systems from an original equipment manufacturer on behalf of a transit operator in Western Europe. The order is valued at approximately $550,000 USD. David L. Turney, the Company's Chairman of the Board and Chief Executive Officer, said: “This Mobitec® EIDS order is strategically significant for several reasons, not the least of which is that it is our first order for this Western European transit system operator through this OEM. This particular Western European location also is a showcase transit market position. Deliveries are expected to conclude in fourth quarter 2011.”
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