Sectra receives order for Fortuner from Switzerland
The Swiss Oceantrade S.A. company has ordered 2,000 Fortuner from the
Sectra IT and telecom company in Linköping. Oceantrade will use Fortuner
for providing professional customers with financial information services
in real time, such as currency rates, stock market information and
financial news. The order is valued at SEK 5.2 million.
Fortuner is an advanced portable information terminal based on DARC
technology. Sectra is the world leader in this technology, which was
originally developed for Swedish defense forces in the mid-1990s for the
transfer of air surveillance information.
"By selecting Sectra's Fortuner, we will have the possibility of offering
our customers a high-quality mobile information service in real time,"
says Vito Cavaliero, President of Oceantrade S.A.
"Using the DARC system, the information is sent via the FM network and
this immediately provides national coverage. It is considerably less
expensive and the information becomes more easily accessible than, for
example, via the Internet. It is possible to receive information in any
location where it is possible to receive FM radio," says Dick Ollas,
President of Sectra Wireless Technologies AB.
Data Radio Channel (DARC) is a digital radio information system with a
transmission speed of 16 kbit/sec. DARC is an ITU and ETSI standard, which
uses a subcarrier in the FM band.
For further information, please contact:
Jan-Olof Brüer, President and CEO, Sectra AB,
phone: +46 (0)13 23 52 09, e-mail:
Please visit our website: http://www.sectra.se
Since the mid-1980s, Sectra has successfully conducted development and
sales of high-technology IT and telecommunications products. Today, the
business includes products in medical imaging systems, secure
communication systems and digital radio systems. The business within
digital radio systems is conducted in the wholly owned subsidiary Sectra
Wireless Technologies AB.
Sectra AB is located in Mjärdevi Science Park in Linköping, Sweden, and
evolved from research done at Linköping University. Business is conducted
in five countries with a total of 140 employees. Sales for the fiscal year
May 1998-April 1999 reached SEK 183 million. Since March 1999, Sectra's
shares have been quoted on the O list of the OM Stockholm Exchange.