OKMETIC AGREED ON A SIGNIFICANT TECHNOLOGY SALES CONTRACT FOR YEAR 2010

OKMETIC AGREED ON A SIGNIFICANT TECHNOLOGY SALES CONTRACT FOR YEAR
2010

ID: 7881

(Thomson Reuters ONE) - OKMETIC OYJ STOCK EXCHANGE RELEASE 4 NOVEMBER 2009 AT 10.00 A.M.OKMETIC AGREED ON A SIGNIFICANT TECHNOLOGY SALES CONTRACT FOR YEAR2010Okmetic and Norwegian solar wafer company NorSun have agreed on acontract for year 2010 whereby Okmetic will supply NorSun monosilicon crystals used for solar cell manufacturing. The salescontract will amount to nearly 5 million euro. The agreement is anextension to the three-year technology sales contract between Okmeticand NorSun that is nearly completed this year. The earlier projecthas brought outstanding results for both parties.The agreement reinforces the estimate that solar cell and panelmarkets will grow and technology markets will recover next year asstated in Okmetic's latest interim report. Due to Okmetic'sachievements in technology sales projects the company is wellpositioned for signing new technology contracts.OKMETIC OYJMikko MontonenPresidentFor further information, please contact:President, Mikko Montonen, Okmetic Oyjtel. + 358 40 5011 262, email: mikko.montonen(at)okmetic.comSenior Vice President, Finance Esko Sipilä, Okmetic Oyjtel. +358 9 5028 0286, email: esko.sipila(at)okmetic.comDistribution:NASDAQ OMX HelsinkiPrincipal mediawww.okmetic.comOKMETIC IN BRIEFTake it higherOkmetic is a technology company which supplies tailor-made siliconwafers for sensor and semiconductor industries and sells itstechnological expertise to the solar cell industry. Okmetic providesits customers with solutions that boost their competitiveness andprofitability.Okmetic's silicon wafers are part of a further processing chain thatproduces end products that improve human interaction and quality oflife. Okmetic's products are based on high-tech expertise thatgenerates added value for customers, innovative product developmentand an extremely efficient production process.Okmetic has a global customer base and sales network, productionplants in Finland and the US and contract manufacturers in Japan andChina.Okmetic's shares are listed on NASDAQ OMX Helsinki under the codeOKM1V. For more information on the company, please visit our websiteat www.okmetic.com.http://hugin.info/132025/R/1352480/327219.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 04.11.2009 - 08:58 Uhr
Sprache: Deutsch
News-ID 7881
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