Orders from Otrum related to new product

(2009-11-19) Kitron has received confirmation from Otrum to be chosen as supplier for their new ODM product. Kitron has assisted Otrum in the industrialisation of the product and has now been chosen as supplier also for the volume manufacturing, following a process where other vendors have been involved.
 
The industrialisation has taken place in Kitrons NPI (New Product Introduction) department in Arendal, while the volume manufacturing will take place at Kitrons factory in Lithuania.  The new product is expected to have a turnover for Kitron totaling approximately NOK 35 million over a three year period. The product will be in manufacturing in the second quarter of 2010. 
 
Kitron has a long history as supplier to Otrum, but Otrum has also utilised other EMS suppliers. The fact that Kitron is chosen as the supplier for the new ODM product, confirms that Kitron has a competitive concept, including good quality technical services and competitive pricing of volume manufacturing.
 
CTO in Otrum, Samu Raunela, expresses:
The reason for choosing Kitron as our partner is their ability to provide a flexible and proactive service, combined with competitive pricing. Kitron has provided good support to OTRUM during the development phase, including component sourcing for Otrum’s new products. The partnership between Otrum and Kitron has been long lasting, which is a proof of stable delivery quality over a long period from Kitron.

For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or e-mail This is a mailto link
Dag Songedal, Managing Director of Kitron AS, tel. +47 91 38 64 68 or e-mail This is a mailto link
 
OTRUM is a leading provider of interactive TV solutions and content to the hospitality industry, with established operations in Europe, the Middle East, Africa and China. The company develops and supplies total solutions, consisting of hardware, software, TV channels, films and Internet access. For further information, please visit: www.otrum.com
 
KITRON is one of Scandinavia’s leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecoms, Defence/Offshore, Medical equipment and Industry sectors. The company is located in Norway, Sweden and Lithuania. Kitron had a revenue of about NOK 2.3 billion in 2008 and has about 1,100 employees. www.kitron.com

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