Kitron has tThrough its Swedish subsidiary, Kitron Microelectronics AB in Jönköping, Kitron has received orders from Transmode AB for delivery in 2006 worth approximately SEK 50 million. Frame agreement with Transmode expects to be signed during 4th quarter 2006. Kitron expects further increase in production fortowards Transmode in 2007.
For further information, please contact:
Nils-Gunnar Fransson, Director Business Development, Kitron Microelectronics AB, tel. +46 70 8194411
Morten Jurs, CFO, Kitron ASA, tel. +47 991 67 922
Transmode
researches, develops, markets and sells intelligent Optical Networking systems based on Wavelength Division Multiplexing (WDM) technology for the transport of data, voice and video traffic within and beyond Metropolitan Networks. Customers include telecommunications operators, cable/multiservice operators, internet service providers, utility companies, the financial sector, media companies, government and municipal bodies and educational establishments. See also www.transmode.se.
Kitron
is one of Scandinavia`s leading companies in development, industrialisation and production for the data/telecom, defence/marine, medical 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.