Opus Group: Opus Inspection Awarded US Patent for OBD Fraud Detection System

STOCKHOLM--()--Reegularoy News:

Opus Group (STO:OPUS)

Opus Inspection, Inc. has been awarded US Patent 8,666,588 FRAUD DETECTION IN AN OBD INSPECTION SYSTEM. The innovative technology, marketed under the trademark “Tamper Terminator™,” addresses a problem that has been increasingly challenging to government agencies relying on On-Board Diagnostic (OBD) testing for emission inspection since the early 2000’s. Specifically, vehicle owners sometimes tamper with, or remove, catalytic converters, and make other modifications to emission control systems that can have significant negative effects on tailpipe emissions. Any type of tampering with emission control systems with the goal of fraudulently passing an emission inspection is illegal in the US and many other countries, but can be hidden using readily available devices to evade detection, such as aftermarket performance chips and O2 simulators.

Opus Inspection's patented Tamper Terminator detects the use of such illegal devices during a mandatory OBD based emission inspection. Tamper Terminator has been field tested in Portland and Los Angeles. When used in conjunction with an emission inspection program, the ability to show reduced tampering rates may provide the basis for claiming additional emission credits from the US EPA, thus providing an incentive for states to implement the new technology.

“Continued innovation is central to our business philosophy,” said Lothar Geilen, President of Opus Inspection. “This new technology will improve the efficiency of conventional emission inspection programs. We look forward to introducing Tamper Terminator™ to our current and future customers.”

About Opus Group

Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which are vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 73 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Group’s revenues amounted to approximately SEK 1,047 million in 2013. Opus Group’s shares are listed on Nasdaq OMX Stockholm.

FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).

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Contacts

Opus Group
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
or
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

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Contacts

Opus Group
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
or
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se