Niscayah Group AB (publ.) launches a restructuring programme

Niscayah Group AB (publ.) launches a restructuring programme 

Niscayah launches a restructuring programme during the fourth quarter 2008. The
restructuring mainly consist of a downsizing of employees by approximately 600
in several of the countries where Niscayah operates, whereof approximately 120
in Sweden. Customary co-determination negotiations are on-going. Restructuring
costs for the programme of approximately MSEK 270 will be taken during the
fourth quarter 2008. These measures are estimated to result in yearly cost
savings of approximately MSEK 315 and are expected to have full effect from
second half-year 2009.

These measures are part of the company's strategy to increase sales of services
as well as to drive profitable growth. The restructuring programme is intended
to decrease selling and administrative expenses and improve profitability,
particularly as regards to that part of the operations covering implementation.
Furthermore the purpose of the restructuring programme is to prepare for a
decreasing demand, particularly within implementation.

In a comment to the restructuring programme, Juan Vallejo, CEO of Niscayah,
says: 

” Our aim is to enter 2009 with the right formation for our strategy to increase
sales of our services: System Management and System Operation. Furthermore the
current state of the market has caused us to review all costs in order to
encounter a tougher market.”


For additional information:
Juan Vallejo, President and CEO 		+46 (0)10 458 80 10
Håkan Gustavson, CFO			+46 (0)10 458 80 40
Else Trägårdh, Investor Relations		+46 (0)10 458 80 80

This press release is also available on Niscayah's home page: www.niscayah.com




Niscayah Group AB (publ.) is a world leading security partner offering complete
security solutions for clients with high security demands within market segments
such as banking and finance, industry, defense, healthcare and retail.
Niscayah's services are based on modern technology and include access control,
video surveillance, intrusion protection and fire alarm systems.
www.niscayah.com 





Niscayah Group AB discloses the information provided herein pursuant to the
Securities Markets Act and/or the Swedish Financial Instruments Trading Act.
This information was submitted for publication at CET 08.00 am on December 18,
2008.