NeraTel announces Trademark Purchase Agreement and OEM Agreement
(Thomson Reuters ONE) -
Nera Telecommunications Ltd ("the Company") today announces that the Company has
entered into a Trademark Purchase Agreement and an OEM Agreement.
Please see the attachment for further information.
About Eltek
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 3,300 employees in more than 50 countries at the end of
2009. Following the divestment of Nera Networks, Eltek will focus on its core
business in telecom power and power electronics solutions for industrial
applications and renewable markets such as solar power and electric vehicles.
Eltek is listed on Oslo Stock Exchange and headquartered in Drammen, Norway.
About Nera Tel
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)
Attachment:
http://hugin.info/86881/R/1480927/416304.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
[HUG#1480927]
Unternehmensinformation / Kurzprofil:
Datum: 19.01.2011 - 20:47 Uhr
Sprache: Deutsch
News-ID 50575
Anzahl Zeichen: 2138
contact information:
Town:
Drammen
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"NeraTel announces Trademark Purchase Agreement and OEM Agreement"
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Eltek ASA (Nachricht senden)
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