SIMTRONICS - BOARD STATEMENT AND THIRD PARTY OPINION
Reference is made to the announcement made by Autronica Fire & Security today, 3 March 2011, regarding the voulantary cash offer - commencement of acceptance period.
Please find attached the Simtronics ASA Board Statement and opinion pursuant to the Norwegian Securities Trading Act Section 6-16, made by Argo Securitites.
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.