HMS Networks AB: HMS receives orders for Chinese infrastructure
projects
(Thomson Reuters ONE) - HMS Networks AB (publ) receives orders for its products used inChinese subway installations. The total value of these orders isapproximately SEK 3 million. Delivery under these agreements will becompleted during 2010."The Chinese government is investing heavily in new subway lines inseveral cities next years. HMS has now been established as a supplierof gateways to these installations, securing a flexible communicationlink between different communications protocols used in these largescale installations", says Jianying Zhao, Sales & Marketing Managerof HMS' Beijing office.The different projects where HMS' products will be used are:- New Subway systems - HMS gateways are used as one important part ofthe communication in the system design to connect controllers anddevices in different parts of the system. The HMS gateways areinstalled in some subway installations already in use, and these neworders are for 3-4 more subway lines that will be opened after 2010.- One of HMS Japanese customers, using HMS' Embedded products, hasreceived an order of their inverters and power control equipment usedinside the railway cars for the new subway lines in Beijing. EmbeddedAnybus technology from HMS is used in the advanced electrical powerequipment inside the cars."These new orders for Chinese infrastructure projects underline thefact that HMS products are not only used in traditional FactoryAutomation industry, but also in completely other areas whereflexible communication solutions is required" says Staffan Dahlström,CEO of HMS.For further information please contact:CEO Staffan Dahlström, +46 35 17 29 01CFO Gunnar Högberg, +46 35 17 29 95Press pictures and background information for editorial use can bedownloaded under "Press" at http://investors.hms.se.HMS Networks AB (publ) is a world-leading supplier of communicationtechnology for industrial automation. Sales for 2008 grew by 17% toSEK 317 million. Over 90% of these sales were to customers locatedoutside Sweden. All development and the major portion ofmanufacturing is carried out at the head office in Halmstad. Salesoffices are located in Japan, China, Germany, the USA, Italy andFrance. HMS has 155 employees and produces network interface cardsand products to interconnect different networks under the trademarkAnybus®. The network interface cards are embedded in automationequipment such as inverter drives, robots, control systems andsensors. This allows subcomponents in machines to communicate withone another and with different networks in order to build moreefficient and flexible automation systems with reduced energyconsumption.In 2008 HMS was presented with Sweden's "Best export company" awardby H.M. the King of Sweden and HMS has had an average growth of 30%year-on-year over the past ten years. HMS is listed on the NASDAQ OMXNordic Exchange in Stockholm in the Small Cap, Information Technologysector.http://hugin.info/138433/R/1360512/332014.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 11.12.2009 - 08:03 Uhr
Sprache: Deutsch
News-ID 9499
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 513 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"HMS Networks AB: HMS receives orders for Chinese infrastructure
projects"
steht unter der journalistisch-redaktionellen Verantwortung von
HMS Networks AB (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
