Kitron ASA’s subsidiary Kitron AS in Arendal has received new orders within the Defence/marine segment of NOK 37 million in addition to the orders of NOK 50 million announced in December 2007. Deliveries of the new orders will take place during second half of 2008.

“We are pleased to see that deliveries to these projects in 2008 are expected to be substantially greater than in 2007, which amounted to NOK 107 million ”says Jan Sigvartsen, Managing director of Kitron AS.

28 January 2008
Kitron ASA

For further information, please contact:
Jan Sigvartsen, Managing director Kitron AS, phone: (+47) 9158 2910, or e-mail: jan.sigvartsen@kitron.com

Kitron is one of Scandinavia’s leading companies in development, industrialisation and manufacturing of electronics for the data/telecom, defence/marine, industrial and medical sectors. The company is located in Norway, Sweden and Lithuania. Kitron had a revenue of about NOK 1.9 billion in 2007 and has about 1,300 employees. See also www.kitron.com.