NOTE Borås signs new co-operation agreement
The contract has been signed with Ericsson Microwave Systems AB, which develops and manufactures radar and information systems for defence and security applications. Some of Ericsson Microwave Systems' production has been conducted by NOTE's security-classified manufacturing unit in Borås. The company has now signed a two-year supplier agreement for the manufacture of tactical communication links for military applications.
"We're proud of our renewed and deepened confidence," says Anders Andersson, CEO of NOTE Borås. "We've been manufacturing for Ericsson Microwave Systems this year, and are very pleased and proud of the contract we've now signed."
"We've been working intensively for over a year to structure and rationalise our operations in Borås," says Erik Stenfors, NOTE's President and CEO. The work done by our staff in Borås, together with investments in new machinery and support from customers, is now starting to pay off. We see renewed confidence from Ericsson Microwave Systems as a sign of our success."
For further information, please contact
Erik Stenfors, President and CEO, NOTE AB, +46 (0)176-799 00 or +46 (0)709-50 80 70
Anders Andersson, CEO of NOTE Borås AB, +46 33 23 35 67 or +46 70 314 13 13
About NOTE
NOTE is one of Scandinavia's leading contract manufacturers of electronics and offers specialist expertise
in electronics production across the entire value chain; from design and development through manufacturing to after-sales.
NOTE is established in Sweden, France, Lithuania, Poland and the UK.
Net sales for 2003 totalled SEK 859 million and profit before tax was SEK 63 million.
The group has approximately 1000 employees. NOTE is listed on the Stockholm Stock Exchange's O-list Attract40. www.note.se