HMS Networks AB (publ) has signed a global supply agreement with one of the
world leading technology supplier to telecom base stations where HMS will supply
solutions for energy management.
HMS has been chosen as the supplier of Remote Management solutions for managing
energy consumption, fuel consumption, generators, AC/DC metering etc. in base
stations for mobile telephones. HMS' Netbiter solution has been adapted to
telecom applications and reduces energy expenses and increases the reliability
in the base stations
"With the Netbiter solution the customer gets full control of all equipment
consuming energy and will be able to reduce expenses and increase reliability.
With our solution the customers will be able to achieve more efficient service,
support and monitoring of all energy consumption in a base station which leads
to lower expenses and reduced environmental impact. This global agreement makes
us an approved supplier. The agreement will result in future orders in this new
market segment" says Jürgen Bischhaus, Key Account Manager at HMS.
"It is gratifying to be able to announce that HMS has signed this important
agreement representing a breakthrough for HMS' Remote Management solutions in
the segment of telecom base stations. This agreement will not give any immediate
order volumes but lays the foundation for a new future growth area" says Staffan
Dahlström, CEO at HMS Networks AB
For more information please contact:
CFO Gunnar Högberg, telephone: +46-35 17 29 95
CEO Staffan Dahlström, telephone: +46-35 17 29 01
HMS Networks AB (Publ) is a world-leading supplier of communication technology
for industrial automation. Sales for the last twelve months totaled SEK 384
million. Over 90% of these sales were to customers located outside Sweden. All
product development and parts of the manufacturing are performed at the head
office in Halmstad. Sales offices are located in Tokyo, Beijing, Karlsruhe,
Chicago, Milan, Mulhouse, Pune, Coventry and Copenhagen. HMS has 240 employees
and produces network interface cards and Gateways to interconnect different
networks under the trademark Anybus® and products for remote management under
the trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in
Stockholm in the category Small Cap, Information Technology.
[HUG#1635985]
