Kitron: Orders of about NOK 40 million

(2012-03-15) Kitron ASA's subsidiary Kitron AB in Jönköping, Sweden, has received orders of about NOK 40 million from a leading supplier of optical networking solutions. The orders are related to the letter of intent that was made public on 8 April 2011. The orders are for delivery during second quarter of 2012. The scope of delivery includes manufacturing of current and new products for optical networking solutions for transport of data, voice and video traffic...

(2012-03-15) Kitron ASA's subsidiary Kitron AB in Jönköping, Sweden, has received orders of about NOK 40 million from a leading supplier of optical networking solutions. The orders are related to the letter of intent that was made public on 8 April 2011. The orders are for delivery during second quarter of 2012.

The scope of delivery includes manufacturing of current and new products for optical networking solutions for transport of data, voice and video traffic.

 

"We have co-operated with this customer for more than seven years and the orders currently received are firm evidences of our competitive edge and ability to meet customer requirements", says CEO Jørgen Bredesen.

 

 

For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, telephone: (+47) 4825 2584, or e-mail: [email protected]

Thomas Löfgren, Managing Director Kitron AB, tel. +46 708 89 53 26 or e-mail [email protected]

 

 

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2011 and has about 1,200 employees. www.kitron.com

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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