LETTER OF INTENT – ACTIVE FIRE FIGHTING SYSTEMS IN THE MIDDLE EAST
Simtronics ASA has received a letter of intent for delivery of Active Fire Fighting Systems in the Middle East. The work will be executed by the Simtronics subsidiary Water Mist Engineering AS in Norway. The letter of intent has a value in excess of NOK 20 million. Delivery will take place during 2010. For further information, please contact: Rune Martini, CEO, Simtronics ASA Phone +47 48 07 80 80 Kjetil Sivertsen, Managing Director, Water Mist Engineering AS Phone +47 91 37 75 25 Homepage: www.simtronics.eu Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products, solutions and systems are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.