NeraTel receives Purchase Orders of approximately SGD 7.4 million
(Thomson Reuters ONE) -
Nera Telecommunications Ltd ("the Company") today announces that the Company has
been awarded Purchase Orders with an aggregate value of approximately SGD 7.4
million (approximately NOK 33 million).
About Eltek ASA:
Eltek is a strategic technology partner within power solutions through Eltek
Valere, and a regional supplier of transmission systems, satellite
communications and infocomm systems through Nera Telecommunications. The
Company reported revenue of NOK 4 billion in 2010, and has close to 2,700
employees in close to 40 countries. Following the divestment of Nera Networks,
Eltek focuses 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 NeraTel:
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 more than 500 employees and
reported revenue of NOK 834 million in 2010.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
NeraTel PO Attachment:
http://hugin.info/86881/R/1551547/477893.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#1551547]
Unternehmensinformation / Kurzprofil:
Datum: 03.10.2011 - 11:58 Uhr
Sprache: Deutsch
News-ID 71866
Anzahl Zeichen: 2177
contact information:
Town:
Drammen
Kategorie:
Business News
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"NeraTel receives Purchase Orders of approximately SGD 7.4 million"
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