HMS Networks - break-through in the Telecom area

HMS Networks - break-through in the Telecom area

ID: 177260

(Thomson Reuters ONE) -


HMS Networks AB (publ) has signed a global supply agreement with one of the
world leading technology supplier to telecom base stations where HMS will supply
solutions for energy management.

HMS has been chosen as the supplier of Remote Management solutions for managing
energy consumption, fuel consumption, generators, AC/DC metering etc. in base
stations for mobile telephones. HMS' Netbiter solution has been adapted to
telecom applications and reduces energy expenses and increases the reliability
in the base stations

"With the Netbiter solution the customer gets full control of all equipment
consuming energy and will be able to reduce expenses and increase reliability.
With our solution the customers will be able to achieve more efficient service,
support and monitoring of all energy consumption in a base station which leads
to lower expenses and reduced environmental impact. This global agreement makes
us an approved supplier. The agreement will result in future orders in this new
market segment" says Jürgen Bischhaus, Key Account Manager at HMS.

"It is gratifying to be able to announce that HMS has signed this important
agreement representing a breakthrough for HMS' Remote Management solutions in
the segment of telecom base stations. This agreement will not give any immediate
order volumes but lays the foundation for a new future growth area" says Staffan
Dahlström, CEO at HMS Networks AB

For more information please contact:
CFO Gunnar Högberg, telephone: +46-35 17 29 95
CEO 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/1635985/525638.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#1635985]




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Bereitgestellt von Benutzer: hugin
Datum: 23.08.2012 - 17:00 Uhr
Sprache: Deutsch
News-ID 177260
Anzahl Zeichen: 3175

contact information:
Town:

Halmstad



Kategorie:

Business News



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"HMS Networks - break-through in the Telecom area"
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Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

HMS Networks AB: Interim report January-September 2009 ...

Stabilization of the market * Net sales for the first nine months 2009 amounted to SEK 172.3 m (238.6), a 27,8 % decrease * Operating profit during the first nine months reached SEK 15.3 m (58.1), representing a 8.9 % (24.3) operating m ...

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