NOTE | OMX STO SEK

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NOTE receives breakthrough order in 3G

NOTE receives breakthrough order in 3G

NOTE has initiated a close collaboration with Avitec, one of the leading manufacturers of repeater systems for 3G and GSM networks. The order value, which is expected to increase over the next few years, is initially SEK 20 m and includes production and some development.

- Through our close collaboration with Avitec, we'll be able to develop products with a focus on manufacturability. This will enable us to reduce costs while maintaining quality, something we're working hard on through our Centres of Excellence," says Erik Stenfors, CEO of NOTE AB.

- Avitec has very high technical requirements and will also benefit from our business model, including opportunities for global production through our international network, ems-ALLIANCE," says Stenfors.

- Avitec chose NOTE after an extensive evaluation. Avitec is a company that is currently growing rapidly, so it's important to have a partner that can offer sufficient capacity in production and development," says Håkan Samuelsson, CEO of Avitec AB.

For further information contact:
Erik Stenfors, President and CEO of NOTE AB, +46 (0)176-799 01 or +46 (0)709-50 80 70
Joakim Norlén, Sales Manager NOTE Kista, +46 8 752 16 54 or +46 706 83 89 28

Håkan Samuelsson, CEO Avitec AB, 08-475 47 10.

Facts about NOTE
NOTE is one of Sweden's leading contract manufacturers of electronics, offering specialised competence in electronics production across the entire value chain, from design and development to production and after-sales. Net sales for 2003 totalled SEK 859 million and profit before tax was SEK 63 million. The group has just over 900 employees.

About Avitec
Avitec was established in 1984 when the company was awarded the contract for delivering radio coverage in Stockholm Metro for the Swedish Police Force. Since that time, Avitec has provided the system design for all other radio services in the Stockholm Metro, including GSM and train radio.
Avitec has always developed products with High Performance and Quality, resulting in the development of High Power Frequency Translating Repeaters for GSM networks.

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This information was sent by Waymaker http://www.waymaker.se
The following files are available for download:
http://www.waymaker.net/bitonline/2004/06/11/20040611BIT20720/wkr0006.pdf