Axis comments on the situation in Thailand

Axis comments on the situation in Thailand

On account of the Thailand flood disaster, Axis Communications hereby
announces that some of the company's subcontractors have been affected
and this will very likely reduce the availability of a number of Axis
network products in the next few months. 

Axis uses contract manufacturers and suppliers with factories in several
places worldwide in order to ensure continuous and flexible production.
A number of these suppliers and contract manufacturers are based in
Thailand.

“It is difficult to judge today to what extent Axis' business will be
affected going forward by the reduced product availability. However, in
view of the extent of the disruption, it is reasonable to assume that
the reduced availability over the next 3-4 months can reduce sales by
10-15% during the period. To minimize the effects of the disruptions as
a result of the Thai disaster, we have arranged production as much as
possible with suppliers that have manufacturing facilities at other
sites worldwide. In parallel, we are also working close to our Thai
partners and are trying to help them as much as we can in the process of
returning to full capacity,” says Ray Mauritsson, President of Axis
Communications.

For further information, please contact: Margareta Lantz, Manager
IR&Corporate Communications, Axis Communications Phone: + 46 46 272 18
00, E-mail: pressoffice@axis.com