DGAP-News: Funkwerk AG: In 20,000 trains around the world


Funkwerk AG / Miscellaneous

14.07.2010 10:03 

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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In 20,000 trains around the world
 
- Funkwerk mobile radio terminals used for
  rail traffic in 30 countries
- 20,000th cab radio for rail operations supplied
- Leading communication solution in global market 
  for train radio systems comes from Kölleda in Thuringia

Kölleda, 14 July 2010. The world's most successful mobile radio device for
train radio communication and rail traffic control is developed in the
Thuringian town of Kölleda. The 'cab radios' from Funkwerk are already
installed in 19,999 trains from Norway to Saudi-Arabia and India to China.
Now, the company has supplied its 20,000th mobile radio terminal for
communication between train and operating centre. Funkwerk's proprietary
development has thus become the leading solution in the global market for
train radio communication using GSM-R.

'We are by a mile the leading cab radio producer not only in Europe, but
throughout the world, because GSM-R mobile radio communication in Europe is
far more advanced than anywhere else. But we are now beginning to see the
demand increase in other countries as well, along with further investments
in railway infrastructure. This should benefit our business over the next
few years,' Dr. Hans Grundner, CEO of Funkwerk, said on the supply of the
20,000 cab radio.

Train radio systems are increasingly important for the operations of
railway companies. They safeguard the communication between the mobile and
stationary infrastructures as one of the basic requirements for secure,
punctual and reliable railway traffic. A key technological aspect that
helped set the course was the agreement of railway companies to introduce
GSM-R (Global System for Mobile Communication for Railways) as a new
standard for the transfer of rail-related information in Europe. This was a
prerequisite for the progressively faster international harmonisation and
the related cross-border interoperability of railway traffic required to an
ever greater degree in times of globalisation.
 
As one of the first suppliers, Funkwerk has promoted this technology change
since 1999. The fact that analogue train radio technology has been
developed and produced at its Kölleda facility since 1982 has stood the
company in good stead. Based on these many years of experience and the
detailed knowledge of user requirements, Funkwerk was quickly able to
develop various ranges of modular GSM-R terminals for both analogue and
digital train radio communication. 'This has helped Funkwerk gain a
technological lead which we continued to extend as we entered the new
millennium ,' Dr. Grundner said.

Worldwide increase in demand for intelligent communication technology

Once Funkwerk as a supplier of Deutsche Bahn AG gained a foothold in the
global market, further major contracts followed in quick succession, from
the French SNCF, the Belgian SNCB, the Swiss SBB, the Austrian ÖBB, and the
Norwegian NSB. Now, railway companies in as many as 30 countries use cab
radios from Funkwerk. The company's digital communication systems control
data and voice communication worldwide at leading public and private
transport providers.
 
The demand for rail communication technology 'made by Funkwerk in Germany'
should further increase in the future. 'Key factors such as efficiency, the
prevention of emissions and increased transport security are vital for any
railway company. To improve these, however, you need intelligent
communication tech-nology. This is why investments in this sector are on
the increase. Innovative, individual system solutions such as provided by
Funkwerk are a focal point here,' Funkwerk's CEO Dr. Hans Grundner said on
the current trend. 'It has taken us a good ten years to supply the 20,000th
cab radio; I'm sure we will be able to deliver the 40,000th in half the
time.'

Further information:

Based in Kölleda near Erfurt, Funkwerk AG (ISIN DE0005753149) develops,
produces and markets solution-oriented communication and information
systems used in vehicles, transport and other companies and institutions.
With its four segments Traffic & Control Communication (communication,
management and information systems for transport and industry), Automotive
Communication (communication equipment for vehicles), Enterprise
Communication (telecommunication solutions, networks and data integrity for
companies), and Security Communication (personal security, video
monitoring, property protection), Funkwerk occupies a strategically
excellent position in future markets. Further information on Funkwerk AG is
available at www.funkwerk.com.

For further information contact:

Funkwerk AG
Im Funkwerk 5
99625 Kölleda/Thuringia
Germany
Jörg Reichenbach
Investor Relations
Telephone: 0 36 35/6 00 -3 46
Fax: 0 36 35/6 00 -5 07
reichenbach@funkwerk.com 

Sebastian Brunner
communications+consulting
Tel: 0175/5604673
fsbrunner@aol.com 


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Language:     English
Company:      Funkwerk AG
              Im Funkwerk 5
              99625 Kölleda
              Deutschland
Phone:        +49 (0)3635 600 0
Fax:          +49 (0)3635 600 507
E-mail:       info@funkwerk.com
Internet:     www.funkwerk.com
ISIN:         DE0005753149
WKN:          575314
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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