HMS receives 6 MSEK order.
(Thomson Reuters ONE) -
As previously reported, HMS Networks AB (publ) has signed a blanket agreement
with one of Europe's leading manufacturers of automation equipment. The
agreement concerns communication equipment for the Industrial Ethernet network
"Ethernet POWERLINK". In this case, the HMS technology has been customized to
meet the demands of this specific customer. The HMS customer is currently
launching its new product after which continual deliveries will commence. As a
result, HMS received an order for 15,000 pieces for delivery during 2012 -
2014, equaling a total value of approximately 6 MSEK. This will be reported as
order intake during the second quarter.
"The customization of our Anybus technology to this customer-specific
application was performed according to plan and our customer is now commencing
the production phase. According to our customer, the product has been well
received resulting in higher volumes than expected" says Eric Halvordsson, Key
Account Manager at HMS.
Ethernet POWERLINK is a technology developed by B+R in Austria and has during
recent years received more and more recognition from large machine
manufacturers. The technology delivers a substantially higher performance than
the standardized Ethernet technology used in office- and commercial
applications. This performance is required to accomplish the demands that
advanced machine manufacturers have on industrial networks.
"The fact that we have accomplished this technical development in a short period
of time and that we are now entering the production phase with this customer
confirms our ability to meet high-level demands. Our customer delivers to very
demanding machine manufacturers who are always looking for the optimal
combination of performance, reliability and innovation. We can see that the
market for Industrial Ethernet is picking up speed, but also that this market
segment is getting even more fragmented. Today, there are five major technology
standards in this area with different hardware and software. Our Anybus® concept
supporting the majority of the important communication protocols benefits from
this situation" says Staffan Dahlström, CEO at HMS Networks AB.
For more information please contact:
CFO HMS Networks AB Gunnar Högberg, telephone: +46-35 17 29 95
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29 01
HMS Networks AB (Publ) is a world-leading supplier of communication technology
for industrial automation. Sales for the last twelve months totaled SEK 384
million. Over 90% of these sales were to customers located outside Sweden. All
product development and parts of the manufacturing are performed at the head
office in Halmstad. Sales offices are located in Tokyo, Beijing, Karlsruhe,
Chicago, Milan, Mulhouse, Pune, Coventry and Copenhagen. HMS has 240 employees
and produces network interface cards and Gateways to interconnect different
networks under the trademark Anybus® and products for remote management under
the trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in
Stockholm in the category Small Cap, Information Technology.
Press release PDF:
http://hugin.info/138433/R/1602097/506128.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HMS Networks AB via Thomson Reuters ONE
[HUG#1602097]
Unternehmensinformation / Kurzprofil:
Datum: 13.04.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 134699
Anzahl Zeichen: 4076
contact information:
Town:
Halmstad
Kategorie:
Business News
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"HMS receives 6 MSEK order."
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