NeraTel receives Purchase Orders of SGD 8.7 million

NeraTel receives Purchase Orders of SGD 8.7 million

ID: 41133

(Thomson Reuters ONE) -




Nera Telecommunications Ltd ("the Company") today announces that the Company has
been awarded Purchase Orders with an aggregate value of SGD 8.7 million
(approximately NOK 40 million).

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Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its three business units Eltek Valere, Nera Networks
and Nera Telecommunications. The company reported revenue of NOK 5.8 billion in
2009, and had close to 3,330 employees in more than 50 countries at the end of
the year. Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
Norway.

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Nera Telecommunications offers radio transmission, satellite communications and
infocomm equipment and services to the Asian markets. Headquartered in
Singapore, NeraTel is 50.1 percent owned by Eltek ASA and separately listed on
the Singapore Stock Exchange. The company counts approximately 475 employees and
reported revenue of close to NOK 800 million in 2009.



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1442285]





NeraTel PO:
http://hugin.info/86881/R/1442285/386556.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: Eltek ASA via Thomson Reuters ONE




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Bereitgestellt von Benutzer: hugin
Datum: 02.09.2010 - 11:36 Uhr
Sprache: Deutsch
News-ID 41133
Anzahl Zeichen: 0

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