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Kitron ASA (OSL:KIT) Kitron AS, a subsidiary of Kitron ASA, has received new orders from KDA amounting to NOK 40 million. The products will be delivered in the first and second quarter 2009 and are part of KDA's weapon control system PROTECTOR. Kitron will deliver products for this system to a total value of about NOK 113 million in 2008 and expect continued growth in 2009.
1 October 2008 Kitron ASA
For further information please contact: Jan Sigvartsen, Managing director of Kitron AS, tel. +47 91 58 29 10 or mail jan.sigvartsen@kitron.com Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or mail jorgen.bredesen@kitron.com
Kitron is one of Scandinavia's leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecom, Defence/Marine, Medical equipment and Industry 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 1,400 employees. www.kitron.com