New Cities Foundation names Ericsson as founding member

New Cities Foundation names Ericsson as founding member

ID: 52663

(Thomson Reuters ONE) -


·         Foundation's goal is to improve quality of city life

·         Urbanization one key driver of Ericsson's vision of a Networked
Society

·         Ericsson to provide strategic direction on how ICT can address the
challenges and opportunities of urbanization



Ericsson (NASDAQ: ERIC) today announced that the company has been named as a
founding member of the New Cities Foundation (NCF), a non-profit Swiss
institution dedicated to improving the quality of life and work in the 21st-
century global city.

The Foundation's creed is that cities are humanity's most important source of
innovation, creativity and wealth-creation. It acts as a clearinghouse for
information on urbanization and supports on-going original research, with
membership open to key public and private sector entities around the world who
are stakeholders in the urbanized world of the future.

Ericsson sees urbanization as the driver of development in many industries, and
that Information Communications Technology (ICT) will play a key role in a
city's development. During its 135 year history, Ericsson has seen several
technological revolutions impact society and says we are now entering the era of
the Networked Society, where everything that benefits from a connection will be
connected.  Ericsson calls this connected creativity and believes cities will be
the major arena where the networked society will take shape.

Fifty years ago, less than one third of the world's population lived in urban
areas but that proportion is expected to increase to almost two-thirds within
the next twenty years. The number of people living in urban areas is set to grow
by 1.5 billion people from some 3.5 billion today to 5.0 billion in 2030.

"From Ericsson's perspective, the technological transformation now taking place




has the power to address some of the biggest challenges facing rapidly expanding
urban areas, issues like energy, transportation, education, population
movements, CO2 emissions, and healthcare," said Jan Wareby, Senior VP and head
of Sales and Marketing, Ericsson.  "We see great potential in the cross-industry
collaboration and combined knowledge building that the New Cities Foundation
enables with different stakeholders addressing these astonishing changes in
cities throughout the world."

 "Through their global technology leadership in mobile broadband, Ericsson
brings a unique view to the New Cities Foundation, about how some of the biggest
challenges on Earth can actually be addressed through the use of ICT in the
Networked Society," said Mathieu Lefevre, Executive Director of the New Cities
Foundation.



Notes to editors:

Photos of Jan Wäreby:

www.ericsson.com/thecompany/press/photolibrary/management

Facts and figures:
www.ericsson.com/ericsson/press/facts_figures/index.shtml

Our multimedia content is available at the broadcast room:
www.ericsson.com/broadcast_room



Ericsson is the world's leading provider of technology and services to telecom
operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and
provides support for networks with over 2 billion subscribers and has the
leading position in managed services. The company's portfolio comprises mobile
and fixed network infrastructure, telecom services, software, broadband and
multimedia solutions for operators, enterprises and the media industry. The Sony
Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich
personal mobile devices.

Ericsson is advancing its vision of being the "prime driver in an all-
communicating world" through innovation, technology, and sustainable business
solutions. Working in 175 countries, more than 90,000 employees generated
revenue of SEK 203.3 billion (USD 28.2 billion) in 2010. Founded in 1876 with
the headquarters in Stockholm, Sweden, Ericsson is listed on NASDAQ OMX,
Stockholm and NASDAQ New York.

www.ericsson.com
www.twitter.com/ericssonpress
www.facebook.com/technologyforgood
www.youtube.com/ericssonpress


FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Media Relations (USA)
Kathy Egan
Phone: +1 212-843-8422
E-mail:press.relations(at)ericsson.com

Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail:press.relations(at)ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations(at)ericsson.com





Press release in pdf:
http://hugin.info/1061/R/1499010/434582.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: Ericsson via Thomson Reuters ONE

[HUG#1499010]


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Bereitgestellt von Benutzer: hugin
Datum: 22.03.2011 - 14:04 Uhr
Sprache: Deutsch
News-ID 52663
Anzahl Zeichen: 5607

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