Enea Acquires Romanian Services Company IP Devel


Enea Acquires Romanian Services Company IP Devel

Acquisition Strengthens Enea Services and Opens Expansion Possibilities in
Europe

STOCKHOLM, Sweden, April 21, 2008 - Enea® (Nordic Exchange/Small Cap/ENEA), a
world leading provider of network software and services, today announced that it
has signed an agreement to acquire IP Devel SRL. The acquisition of IP Devel
provides Enea with a base on which to expand its European business and it also
secures development capacity for its own products.

IP Devel is specialized in embedded systems development and advanced test
services. The company is profitable and has grown quickly since 2000. Net sales
for 2007 were approximately EUR 4 million. Enea is, since 2006, one of IP
Devel's largest customers and partners. IP Devel has about 120 employees and is
based in Bucharest.

“IP Devel is a well-run and profitable company with good growth and great
customers. We thoroughly know IP Devels' top expertise in embedded technology
and are thus very pleased with the acquisition”, says Johan Wall, CEO and
president, Enea. “With IP Devel we grow Enea's professional services offer in
Europe. With the acquisition we also secure Enea's, and our customers', future
development capacity in a low cost environment.”

“Enea is the world leader in embedded solutions and IP Devel is specialized in
the development of embedded technology and testing of such systems. We are a
perfect match”, says Bogdan Putinica, founder of IP Devel, who stays on as
managing director. “With IP Devel's strong customer base of leading
international telecom customers we strengthen Enea's European services offer.” 

Enea acquires 100 percent of the shares in IP Devel for EUR 3.2 million in cash
at closing, with an additional payment after four years based on the financial
performance of IP Devel. Sellers are Adecco, the world leader in HR Services (76
percent) and founders and CEO (24 percent). The deal is foreseen to be closed by
end of May.
Enea will publish the financial report for the first quarter 2008 on Wednesday,
April 23, 2008. At the Media and Analyst meeting, that takes place in Stockholm
at Operaterassen at 10.30 AM CET, the acquisition of IP Devel will be presented
in more detail. For more information on how to attend, or watch the live
webcast, see www.enea.com. 




For further information, please contact:
For Enea:
Johan Wall
President and CEO, Enea
Phone: +46 8 507 140 00
E-mail: johan.wall@enea.com 

Gregory Singh
Senior VP, Nordic Services Enea
Phone: +46 8 507 140 00
E-mail: gregory.singh@enea.com


Jenny Palmblad
Director of Communication, Enea
Phone: +46 8 507 143 24
E-mail: jenny.palmblad@enea.com

For IP Devel:
Bogdan Putinica 
Managing Director, IP Devel 
Phone: + 40 21 305 15 00 
E-mail: bogdan.putinica@ipdevel.ro


About IP Devel
IP Devel provides advanced IT outsourcing services towards complex IT solutions
with focus on embedded technology and testing. IP Devel engineers some of the
newest, most innovative projects worldwide in embedded systems development and
advanced testing services. Since its start in 2000, IP Devel has provided over
400 solutions in creative applications, testing and validation services for
leading technology providers. The company has grown rapidly since the start,
making IP Devel one of the off shore leaders coming from the Romanian market.
For further information on IP Devel, please visit www.ipdevel.net.

About Enea 
Enea is the leading supplier of real-time operating systems, middleware,
development tools, database technology and professional services for
high-availability systems such as telecommunications infrastructure, mobile
devices, medical instrumentation, and automobile control/infotainment. Enea's
flagship operating system, Enea OSE, is deployed in approximately half of the
world's 3G mobile phones and base stations. Enea has over 550 employees and is
listed on the OMX Nordic Exchange Stockholm AB (Nordic Exchange/Small Cap/ENEA).
For further information on Enea, please visit www.enea.com.

Enea®, Enea OSE® and Polyhedra® are the registered trademarks of Enea AB and its
subsidiaries. Enea OSE® ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima,
Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea dSPEED Platform,
Accelerating Network Convergence™, Device Software Optimized™ and Embedded for
Leaders™ are unregistered trademarks of Enea AB or its subsidiaries. Any other
company, product or service names mentioned above are the registered or
unregistered trademarks of their respective owner. © Enea AB 2008.

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