Company Announcement No. 7/2007
Copenhagen, Denmark
18 July 2007
EC Court Rules in Favour of Olicom Regarding Import Duty
Copenhagen, Denmark, July 18, 2007: Olicom A/S, which trade on OMX Nordic
Exchange in Copenhagen, today announced that the EC Court has ruled in favour
of Olicom in a case concerning payment of import duty regarding combined modem
and network cards, which the Company manufactured in the late 1990s. The case
will be finally settled by the Danish courts, which are expected, however, to
follow the ruling of the EC Court. In that case Olicom will receive a refund of
app. DKK 2 million plus interest.
Forward Looking Statements
This announcement contains forward looking statements, which are subject to
risks and uncertainties, which may cause actual results to differ from the
anticipated results.
About Olicom
Further information about Olicom can be found at www.olicom.com or obtained by
contacting CEO Boje Rinhart tel. +45 4527 0000 or e-mail bri@olicom.com.
