Kitron and Radio Components have renewed their industrialisation and production agreement entered into in 2004. The agreement is expected to result in orders for products and services from Kitron estimated to be worth about NOK 60 million in 2007, and further growth is expected.
For further information please contact:
Jan Sigvartsen, President, Kitron AS, +47 915 82 910 or e-mail jan.sigvartsen@kitron.com
Morten Jurs, CFO, Kitron ASA, +47 991 67 922 eller e-post morten.jurs@kitron.com
Radio Components AB is leading within the development of solutions to enhance the performance and economies of Cellular Radio Base Networks based on a range of Tower Mounted Booster (TMB) solutions, which are competitive on city roof tops with high capacity focus and which are obvious solutions for tower applications. Radio Components delivers its GSM coverage and capacity solutions to commercial mobile network operators since 2002 and has an installed base of about 3000 cell sectors (December 2005) on a global market based on GSM technology. Se også
www.radiocomponents.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.