NOTE secures new order in Norway


NOTE secures new order in Norway

NOTE and Telespor AS of Norway have signed an agreement to produce sophisticated
livestock tracking equipment based on GSM and GPS technology.

NOTE's business model Nearsourcing is based on three main components—starting up
Nearsourcing centres close to customers, cost control through product
life-cycles and cost-efficient production in the optimal location for the
customer.

Telespor AS, owned by Norwegian telecom group Telenor AS and meat and egg
supplier Nortura BA, develops and sells electronic monitoring products and
services for livestock such as sheep in pasture.

The deal was signed with NOTE's Nearsourcing centre in Oslo, where production
modification and onward product development is being conducted. Initially,
production will be at NOTE Norrtälje, Sweden. As volumes increase, production
will be transferred to NOTE's units in cost-efficient countries. Deliveries will
start in spring 2009.

“This is a great example of how our flexible business model Nearsourcing can be
applied to satisfy customer needs,” said Arne Forslund, NOTE's President and
CEO, “we have a range of options for cost-efficient production, and the specific
conditions of each deal determine where production is located.”

For more information, please contact: 
Arne Forslund, CEO & President, tel. +46 (0)8 568 99007, +46 (0)70 547 7477 
Björn Furu, CEO of NOTE Oslo, tel. +47 220 797 29, +47 930 898 46

About NOTE 
“Our business concept is to produce electronics from design to after-sales,
close to our customers.” NOTE is one of the Nordic region's leading service
providers in production and logistics for electronics-based products. NOTE has a
presence in Sweden, Norway, Finland, the UK, Estonia, Lithuania, Poland and
China. In 2008, net sales were SEK 1,710 m; the group has approximately 1,200
employees. For more information, go to www.note.eu

Attachments

03102037.pdf