Kitron receives further orders from Kongsberg Protech (Kongsberg Gruppen) related to deliveries of Protector weapons control systems.
This implies increased deliveries worth NOK 25 million for the period September 2006 till March 2007 to start with. Consequently, Kitron will deliver equipment to Kongsberg Protech's weapons control systems worth approximately NOK 100 million in 2006, which represents the double of 2005.
For further information please contact:
Jan Sigvartsen, President, Kitron AS, tel. 915 82 910, or e-mail jan.sigvartsen@kitron.com
Morten Jurs, CFO, Kitron ASA, tel. 991 67 922, or e-mail morten.jurs@kitron.com
Kongsberg Protech is the market leader within Dynamic Systems and offers a wide range of products and services to defence, air traffic and the offshore market. See also www.kongsberggruppen.no for more information.
Kitron is one of Scandinavia's leading companies in development, industrialisation and production of electronics for the data/telecom, defence/marine, medical, automotive and other industries. The company is located in Norway, Sweden and Lithuania. Kitron had a turnover of approx. NOK 1,6 billion in 2005 and has approx. 1,200 employees. See also www.kitron.com for more information.