Kitron - Regulatory Filings 2017 | FinancialReports.eu

Kitron receives communications order from Kongsberg

(2017-05-12) Kitron has received a NOK 34 million order from Kongsberg Defence

Systems for military communications equipment.

The equipment to be supplied is related to an existing contract for deliveries

to Hungary.

Kitron will supply various communications products, and production will be done

by Kitron in Arendal. Deliveries will take place in 2018.

Frank Stølan, Executive Vice President of Kongsberg Defence Systems, said:

"We are very satisfied once again to be able to award a major order with Kitron.

The last twelve months we have placed orders totalling 177 MNOK with Kitron for

world-class tactical communications equipment. We are a very determined company

with dedicated people and prove again that we are a reliable partner able to

compete in a very tough international market."

For further information, please contact:

Peter Nilsson, CEO of Kitron ASA, tel. +47 948 40 850

Hans Petter Thomassen, Managing Director of Kitron Norway, tel.

+47 913 92 360

Kitron is one of Scandinavia's leading electronics manufacturing services

companies for the Defence, Energy/Telecoms, Industry, Medical devices and

Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,

Germany, China and the United States. Kitron had revenues of about NOK 2.1

billion in 2016 and has about 1 350 employees. www.kitron.com

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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