Apart from three orders received in Q1, this week Seamless has received two more orders. One of them is from the most innovative mobile operator group in Africa and Middle East with whom Seamless has a group level agreement. This is the third order from this group in 2008. The other order is for a large license expansion to double system capacity for a current customer. “With five significant orders in five months, we have received orders exceeding our forecasted revenue for 2008 of 27 MSEK” says Rohit Bhatia. “Although it is a delightful situation with a full order book, we are fully aware of the tasks ahead. Our project teams are engaged to execute these orders so that we are able recognize the revenue in 2008.”
Fifth significant order in as many months, total orders received exceed revenue forecast for 2008
| Source: Seamless Distribution AB