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Electronics Line 3000 Ltd. (OJ:ELN) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Petach Tikva, Israel (October 23, 2008) - Electronics Line 3000 Ltd. (XETRA: ELN) today announces its UK subsidiary has been awarded the prestigious accolade of IBA Supplier of the Year, 2008.
The Independent Buyers Association (IBA), one of the UK's leading electrical wholesaler buying groups, held its Gala Awards Evening, where for the second year running, ESP - Electronics Line UK Ltd, was announced as IBA Supplier of the Year.
The IBA consists of well established electrical distributors, providing services to the electrical goods trade, commerce and the manufacturing industry. The main suppliers to the group are carefully assessed and scored by the members on every aspect of their trading relationship.
Amir Hayek, President and CEO of Electronics Line 3000 Ltd., commented: "We are very proud of our UK subsidiary. The industry doesn't stand still and we worked hard on developing our product and service offerings, and we see receiving the award as a strong confirmation of our efforts."
Schwarz Financial Communication Frank Schwarz Tel: +49 611 1745 398 11 schwarz@schwarzfinancial.com
About Electronics Line 3000 Ltd.
Electronics Line 3000 Ltd. is a leading global provider of wireless security with remote management solutions for the mass residential and commercial markets. Multiple technologies and applications are integrated in the solutions to enable real-time, two-way data, audio and video solutions. The Company has over 25 years of experience in the electronic security industry, and is well recognized for its technological innovations and for the high quality of its products. The Company partners with leading monitoring companies, distributors, and residential service providers to create unique solutions. Electronics Line 3000 is a public company traded on the Frankfurt Stock Exchange: ELN, ISIN IL0010905052. For more information please refer to www.electronics-line.com.
Disclaimer: "This release contains forward-looking statements, which express the current beliefs and expectations of management. Such statements involve a number of known and unknown risks and uncertainties that could cause the Company's future results, performance or achievements to differ significantly from those expressed or implied by such forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Annual Report and its other filings. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise."
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Electronics Line 3000 Ltd. 2 Granit St., P.O.B. 3253 Petah Tikva Israel
WKN: A0B5R7; ISIN: IL0010905052; Index: CDAX, Prime All Share, TECH All Share; Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Prime Standard in Frankfurter Wertpapierbörse;