Teleca - divestment of product business completed Malmö, Sweden - January 5, 2009 - Teleca, a world-leading supplier of software services to the mobile industry (Nordic Exchange, Small cap: TELC B), today announces the completion of the divestment of its product business. On October 13, 2008, Teleca announced the divestment of its product business conditioned by fulfillment of some customary conditions. These conditions have now been fulfilled and Teleca has received the cash from the transaction. For more information about the transaction and financial details please see Teleca press release dated October 13, 2008. For more information, please contact: Leif Nørgaard, CFO, Teleca AB, leif.norgaard@teleca.com, +46 738 393040 Mattias Stenberg, Investor Relations Manager, Teleca AB, mattias.stenberg@teleca.com, +46-706119616 Teleca is a world-leading supplier of software services to the mobile communications industry. The company offers tailored solutions, systems design and the integration of software and hardware for mobile phones. Teleca has about 2,000 employees in 9 countries in Asia, Europe and North America and is quoted on the small cap list of the Nordic Exchange.
Teleca - divestment of product business completed
| Source: Teleca AB