Kitron — Regulatory Filings 2019

Jul 5, 2019

Kitron: Kitron chosen as supplier for medical devices project

Kitron: Kitron chosen as supplier for medical devices project

(2019-07-05) Kitron has been chosen as selected supplier for a strategic project

started by a leading global provider of products and systems within the medtech

industry.

The initial phase has an annual value of USD 3 million, with a potential annual

value of USD 6.5 million in later stages. Production will take place at Kitron's

factory in Ningbo, China, and is set to start in 2021.

"Medical devices is a key market sector for Kitron, and we are extremely happy

that this existing customer once more trusts Kitron as a key supplier of vitally

important devices," said Israel Losada Salvador, Kitron's COO and Sales

Director.

For further information, please contact:

Cathrin Nylander, CFO and acting CEO, tel: +47 900 43 284

Israel Losada Salvador, COO and Sales Director, tel. +47 991 59 138

E-mail: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

Kitron is one of Scandinavia's leading electronics manufacturing services

companies for the Energy/Telecoms, Industry, Defence/Aerospace, 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 2.6 billion in 2018 and has about 1,700 employees. www.kitron.com

(http://www.kitron.com)

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.