﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Cision News</title><link>https://news.cision.com</link><description>Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations.</description><pubDate>Tue, 09 Jun 2026 10:31:05 GMT</pubDate><image><title>Cision News</title><width>146</width><height>60</height><link>https://news.cision.com</link><url>https://news.cision.com/Content/img/news-logo.png</url></image><item><title>Simtronics to deliver Nitrogen Systems to Alvarado Shipping Limited</title><link>http://news.cision.com/simtronics-asa/r/simtronics-to-deliver-nitrogen-systems-to-alvarado-shipping-limited,c566331</link><guid isPermaLink="false">cision312395</guid><description><![CDATA[Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Alvarado Shipping Limited in Turkey. The order is for a retrofit chemical tanker project with option of two new building projects. The total value of the order is in excess of NOK 2,7 million and delivery of the fist system will take place during Q3 2011.

For further information please contact:
Mr. Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80
Mr. Berkan Gürün, Sales Director, Extinguishing & Fire Prevention Solutions
Phone +47 908 30 107
www.]]></description><pubDate>Wed, 27 Apr 2011 10:57:36 GMT</pubDate></item><item><title>SIMTRONICS ASA ANNOUNCES ADDITIONAL FUNDING AGREEMENT WITH AUTRONICA FIRE AND SECURITY AS</title><link>http://news.cision.com/simtronics-asa/r/simtronics-asa-announces-additional-funding-agreement-with-autronica-fire-and-security-as,c564073</link><guid isPermaLink="false">cision310719</guid><description><![CDATA[Simtronics ASA announced today that it has signed an agreement for bridge funding of NOK 10 million with Autronica Fire and Security AS. The bridge funding is an additional funding to the NOK 18 million bridge loan that was announced 3rd August last year.

The loan shall be used for financing present and future working capital requirements of the company. The loan, together with accrued interest and fees shall be repaid on 30 September 2011 or at such earlier date as Autronica may notify to Simtronics.

For further information, please contact:

Rune Martini, CEO, Simtronics ASA]]></description><pubDate>Mon, 18 Apr 2011 16:22:24 GMT</pubDate></item><item><title>New Order in hand – Simtronics to deliver Gas Detectors to a North Sea project</title><link>http://news.cision.com/simtronics-asa/r/new-order-in-hand---simtronics-to-deliver-gas-detectors-to-a-north-sea-project,c562088</link><guid isPermaLink="false">cision309338</guid><description><![CDATA[Simtronics ASA has today received an order for delivery of Infrared Gas Detectors to one of the major offshore projects in the British sector. Deliveries of the order valued to NOK 2.8mil will take place during 2nd and 3rd quarter of 2011

This order clearly reaffirms Simtronics strong position in the North Sea.

For further information please contact:

Mr Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80

Mr Eliot Sizeland, Sales Director
Phone +934 32 918
www.simtronics.eu]]></description><pubDate>Tue, 12 Apr 2011 05:46:44 GMT</pubDate></item><item><title>SIMTRONICS - NEW CONTRACT AWARD</title><link>http://news.cision.com/simtronics-asa/r/simtronics---new-contract-award,c558739</link><guid isPermaLink="false">cision307134</guid><description><![CDATA["ADT Fire & Security", one of the world's leading companies within fire and security systems, has today placed an order with Simtronics for delivery of infrared gas and IR flame detectors.

The devices will be used on a FPSO to be deployed offshore Brazil, this is the second such order this year from ADT.

The order has a value in excess of NOK 3,1 million with delivery taking place during Q2 2011. The order is another confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment."

For further information please contact:]]></description><pubDate>Wed, 30 Mar 2011 06:53:13 GMT</pubDate></item><item><title>SIMTRONICS TO DELIVER NITROGEN SYSTEMS TO ULSTEIN VERFT AS</title><link>http://news.cision.com/simtronics-asa/r/simtronics-to-deliver-nitrogen-systems-to-ulstein-verft-as,c557351</link><guid isPermaLink="false">cision305996</guid><description><![CDATA[Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Ulstein shipyard’s offshore supply vessel projects, hull numbers 10291 & 10294 in Norway.  The total value of these orders are in excess of NOK 2,0 million and deliveries will take place during Q3 & Q4 2011.

For further information please contact:
Mr. Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80
Mr. Berkan Gürün, Sales Director, Extinguishing & Fire Prevention Solutions
Phone +47 90 83 01 07

www.simtronics.eu]]></description><pubDate>Mon, 28 Mar 2011 06:03:15 GMT</pubDate></item><item><title>SIMTRONICS TO DELIVER NITROGEN SYSTEMS TO ODFJELL DRILLING</title><link>http://news.cision.com/simtronics-asa/r/simtronics-to-deliver-nitrogen-systems-to-odfjell-drilling,c552781</link><guid isPermaLink="false">cision302983</guid><description><![CDATA[Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Odfjell Drilling’s projects Deepsea Metro 1 & Deepsea Metro 2 at Hyundai Shipyard Korea. The total value of these orders are in excess of NOK 2,2 million and deliveries will take place during Q3 2011.
Water Mist Engineering AS has recently focused on offering Nitrogen Systems including feed air and booster compressors as well as nitrogen bottles to the drilling rigs and drilling ships. The orders from Odfjell Drilling for Deepsea Stavanger in 2010 and now Deepsea Metro]]></description><pubDate>Wed, 09 Mar 2011 10:39:03 GMT</pubDate></item><item><title>MINUTES FROM EXTRAORDINARY GENERAL MEETING IN SIMTRONICS ASA</title><link>http://news.cision.com/simtronics-asa/r/minutes-from-extraordinary-general-meeting-in-simtronics-asa,c552584</link><guid isPermaLink="false">cision302876</guid><description><![CDATA[Please find enclosed the Minutes from Extraordinary General Meeting in Simtronics ASA on 8 March 2011.
For further information, please contact:
Mr Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80
www.simtronics.eu]]></description><pubDate>Tue, 08 Mar 2011 14:33:56 GMT</pubDate></item><item><title>SIMTRONICS - BOARD STATEMENT AND THIRD PARTY OPINION</title><link>http://news.cision.com/simtronics-asa/r/simtronics---board-statement-and-third-party-opinion,c551213</link><guid isPermaLink="false">cision302070</guid><description><![CDATA[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.]]></description><pubDate>Wed, 02 Mar 2011 08:07:22 GMT</pubDate></item><item><title>SIMTRONICS-NEW ORDER IN HAND</title><link>http://news.cision.com/simtronics-asa/r/simtronics-new-order-in-hand,c550409</link><guid isPermaLink="false">cision301372</guid><description><![CDATA[Simtronics ASA has today received a second order for the same project notified last week for a substantial number of laser based Hydrogen Sulphide (H2S) gas detectors for a processing plant in the Middle East. The order is in excess of NOK 2,6 million and shall be delivered in Q3 of 2011.

This order is by far the largest one received for Simtronics' new laser based toxic gas detector, the GD1. It represents a major break-through not only for the product, but also for the technology used in the product. The successful development of the GD1 places Simtronics in the forefront of world gas]]></description><pubDate>Tue, 01 Mar 2011 07:47:01 GMT</pubDate></item><item><title>SIMTRONICS-NEW ORDER IN HAND</title><link>http://news.cision.com/simtronics-asa/r/simtronics-new-order-in-hand,c548811</link><guid isPermaLink="false">cision300337</guid><description><![CDATA[Simtronics ASA has today received an order for a substantial number of laser based Hydrogen Sulfide (H2S) gas detectors for a processing plant in the Middle East.  The order amounts to close to EUR 600 000 and shall be delivered in Q4 of 2011.
This order is by far the largest one received for Simtronics' new laser based toxic gas detector, the GD1. It represents a major break-through not only for the product, but also for the technology used in the product. The successful development of the GD1 places Simtronics in the forefront of world gas detection companies with regards to market based]]></description><pubDate>Tue, 22 Feb 2011 12:07:25 GMT</pubDate></item><item><title>CONTINUED LOSSES FOR SIMTRONICS</title><link>http://news.cision.com/simtronics-asa/r/continued-losses-for-simtronics,c548105</link><guid isPermaLink="false">cision299888</guid><description><![CDATA[Simtronics ASA, the Norwegian fire and gas safety company, today posted its fourth quarter and preliminary full year 2010 results. Soft markets and project delays resulted in negative earnings for Simtronics also in the fourth quarter. For the full year sales were down 10 per cent from the previous year, resulting in a net loss of NOK 49 million in 2010.

Simtronics posted fourth quarter sales of NOK 61.9 million, which is slightly down from the same period in 2009. EBITDA for the quarter came in at NOK -11,8 million, which is NOK 1,1 million better than the previous year.

For the full]]></description><pubDate>Fri, 18 Feb 2011 07:50:19 GMT</pubDate></item><item><title>NOTICE OF EXTRAORDINARY GENERAL MEETING IN SIMTRONICS ASA</title><link>http://news.cision.com/simtronics-asa/r/notice-of-extraordinary-general-meeting-in-simtronics-asa,c547076</link><guid isPermaLink="false">cision299134</guid><description><![CDATA[An extraordinary general meeting in Simtronics ASA is hereby convened for 8 March 2011 at 15:00 hours in the company’s offices in Kabelgaten 4 B, Økern Næringspark, Oslo.

Autronica has today announced a voluntary offer for all shares of the company at a purchase price of NOK 1.90 per share. Autronica has in an agreement with the company required as a condition for the offer that the company shall summon an extraordinary general meeting to resolve an amendment of the conversion price pursuant to the convertible loan agreement to the same price as provided in the offer; NOK 1.90 per share.]]></description><pubDate>Tue, 15 Feb 2011 08:29:45 GMT</pubDate></item><item><title>VOLUNTARY CASH OFFER FOR ALL SHARES OF SIMTRONICS ASA</title><link>http://news.cision.com/simtronics-asa/r/voluntary-cash-offer-for-all-shares-of-simtronics-asa,c547048</link><guid isPermaLink="false">cision299126</guid><description><![CDATA[Simtronics ASA ("Simtronics", OSE: SIMTRO) today announced that Autronica Fire and Security AS ("Autronica"), a subsidiary of UTC Fire & Security, has agreed to put forward a voluntary cash offer for all issued shares of Simtronics not already held by Autronica. The NOK 1.90 per share offer is supported by Simtronics’ Board of Directors, who have entered into a Transaction Agreement with Autronica, setting out the terms and conditions for the offer.

The cash payment of NOK 1.90 per share values the total issued share capital of Simtronics at approximately NOK 132 million. The offer]]></description><pubDate>Tue, 15 Feb 2011 07:50:38 GMT</pubDate></item><item><title>SIMTRONICS - CONTRACT EXTENSION - FPSO CONTRACT IN THE NETHERLANDS</title><link>http://news.cision.com/simtronics-asa/r/simtronics---contract-extension---fpso-contract-in-the-netherlands,c545457</link><guid isPermaLink="false">cision297877</guid><description><![CDATA[Further to the press release dated 13th January announcing an FPSO contract in hand for the supply of flame and gas detection products we are pleased to announce a contract extension of 1.1 MNOK.  The total purchase order is now valued in excess of 5.7 MNOK.  Delivery will take place during Q2 2011.

This extension is further confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment.

For further information please contact:

Mr Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80

Eliot Sizeland, Sales Director,]]></description><pubDate>Wed, 09 Feb 2011 11:25:43 GMT</pubDate></item><item><title>SIMTRONICS - FINANCIAL CALENDAR 2011</title><link>http://news.cision.com/simtronics-asa/r/simtronics---financial-calendar-2011,c540930</link><guid isPermaLink="false">cision294249</guid><description><![CDATA[The financial calendar for 2011 will be as follows:

Q4  Feb 25

Annual General Meeting May 20

Q1 May 6

Q2 Aug 26

Q3 Oct 28

Q4 Feb 24 (2012)

For further information, please contact:

Rune Martini, CEO SIMTRONICS ASA
Phone +47 48 07 80 80]]></description><pubDate>Mon, 31 Jan 2011 07:53:04 GMT</pubDate></item><item><title>SIMTRONICS - ORDER IN HAND – FIRE FIGHTING PRODUCTS</title><link>http://news.cision.com/simtronics-asa/r/simtronics---order-in-hand---fire-fighting-products,c540372</link><guid isPermaLink="false">cision293901</guid><description><![CDATA[Simtronics Fire & Gas (S) Pte. Ltd., a subsidiary of Simtronics ASA, has been awarded two contracts with the Chinese shipyard Yantai CIMC Raffles Offshore Ltd. for delivering of fire fighting systems.

Total value of the contracts is estimated to be in excess of MNOK 3.1.

Delivery will be Q1 and Q2 2011.

For further information, please contact:

Rune Martini, CEO Simtronics ASA
Phone +47 48 07 80 80

Jon A. Lofthus, General Manager Simtronics Fire & Gas (S) Pte., Ltd.
Phone +65 81 81 48 84]]></description><pubDate>Thu, 27 Jan 2011 07:36:12 GMT</pubDate></item><item><title>SIMTRONICS - ORDER IN HAND – GAS DETECTION PRODUCTS</title><link>http://news.cision.com/simtronics-asa/r/simtronics---order-in-hand---gas-detection-products,c537205</link><guid isPermaLink="false">cision291499</guid><description><![CDATA[Simtronics ASA has through its French subsidiary signed a Frame agreement with Lyondellbasell for the supply of catalytic and infrared gas detectors. The initial orders have a value in excess of MNOK 1.8, this figure is expected to double within two years. 

For further information please contact:

Mr Rune Martini, CEO of Simtronics ASA

Phone +47 48 07 80 80

Eliot Sizeland, Sales Director Detection Systems

Phone +47 934 32 918]]></description><pubDate>Fri, 14 Jan 2011 13:06:14 GMT</pubDate></item><item><title>ORDER IN HAND- SIMTRONICS TO DELIVER FIRE FIGHTING SYSTEMS</title><link>http://news.cision.com/simtronics-asa/r/order-in-hand--simtronics-to-deliver-fire-fighting-systems,c537130</link><guid isPermaLink="false">cision291449</guid><description><![CDATA[Water Mist Engineering AS, a subsidiary of Simtronics ASA, has today been awarded a frame agreement for delivering of fire fighting systems. The order value is estimated to be 80 - 110 MNOK divided over 5 years.

For further information, please contact:
Rune Martini, CEO Simtronics ASA
Phone +47 48 07 80 80
Kjetil Kleven, Managing Director Water Mist Engineering AS
Phone +47 90 99 35 02]]></description><pubDate>Fri, 14 Jan 2011 08:26:48 GMT</pubDate></item><item><title>SIMTRONICS - ORDER IN HAND - FPSO CONTRACT IN THE NETHERLANDS</title><link>http://news.cision.com/simtronics-asa/r/simtronics---order-in-hand---fpso-contract-in-the-netherlands,c536899</link><guid isPermaLink="false">cision291291</guid><description><![CDATA[ADT Fire & Security, one of the world’s leading companies within fire and security systems, has today placed an order with Simtronics for delivery of infrared gas detectors, IR flame detectors and our largest order for the GD1 laser based open path H2S detectors.

The devices will be used on a FPSO to be deployed offshore Brazil.

The order has a value in excess of NOK 4,6 million with delivery taking place during Q2 2011. The order is another confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment.

For further]]></description><pubDate>Thu, 13 Jan 2011 08:45:33 GMT</pubDate></item><item><title>ORDER IN HAND - GAS DETECTORS FOR THE EUROPEAN MARKET</title><link>http://news.cision.com/simtronics-asa/r/order-in-hand---gas-detectors-for-the-european-market,c536041</link><guid isPermaLink="false">cision290708</guid><description><![CDATA[Simtronics ASA has received an order worth close to NOK 2,1 million for delivery of GD 10PE gas detectors to the European market. This is the largest single order ever received for this type of gas detectors, which is a modified version of the normal infrared gas detector, the GD 10P. The GD 10PE is particularly suited for gas turbine air intakes and HVAC applications where fast and reliable detection of low gas concentrations is required.

Delivery will take place in first quarter of 2011.

For further information, please contact:
Rune Martini, CEO, Simtronics ASA
Phone +47 48 07 80]]></description><pubDate>Thu, 06 Jan 2011 08:39:51 GMT</pubDate></item><item><title>SIMTRONICS TO DELIVER GAS ANALYZERS AND GAS DETECTORS FOR SUBMARINES.</title><link>http://news.cision.com/simtronics-asa/r/simtronics-to-deliver-gas-analyzers-and-gas-detectors-for-submarines-,c533992</link><guid isPermaLink="false">cision289290</guid><description><![CDATA[Simtronics Group has through its French subsidiary signed a Frame agreement with DCNS in France for delivery of gas analyzers and gas detectors for submarines.  This Frame agreement is the confirmation of the expected contract which was announced in August in connection with the first order of NOK 2,4 million for generic studies.

The duration of the Frame agreement will be three years, renewable.  In average, submarines have a 33 years life expectancy and accordingly the agreement will be renewed during this period.

For the first three year period, the contract value represents]]></description><pubDate>Mon, 20 Dec 2010 13:45:06 GMT</pubDate></item><item><title>Negative third quarter for Simtronics</title><link>http://news.cision.com/simtronics-asa/r/negative-third-quarter-for-simtronics,c521884</link><guid isPermaLink="false">cision281010</guid><description><![CDATA[Simtronics ASA, the Norwegian fire and gas safety company, today posted its third quarter 2010 results. The Company saw a drop in sales and had negative earnings, however the order intake exceed sales in the quarter.
Postponed sales for Simtronics products and financial challenges marked the third quarter for the Company. Simtronics posted sales of NOK 64.6 million in the third quarter. This is a 17 per cent decline from last year’s third quarter. EBITDA for the third quarter came in at NOK -3.5 million, compared to NOK 2.8 million in last year’s third quarter. Simtronics posted earnings]]></description><pubDate>Fri, 29 Oct 2010 06:23:18 GMT</pubDate></item><item><title>SIMTRONICS - INVITATION - PRESENTATION Q3 FINANCIAL RESULT</title><link>http://news.cision.com/simtronics-asa/r/simtronics---invitation---presentation-q3-financial-result,c520913</link><guid isPermaLink="false">cision280393</guid><description><![CDATA[Simtronics' third quarter 2010 result will be released on Friday 29 October at 8:00 a.m..
The quarterly financial report and the presentation document (English) will be sent to Oslo Stock Exchange and also published on Simtronics' homepage www.simtronics.eu and on http://www.cisionwire.com/simtronics-asa

Presentation of the results:
Date: Friday, 29 October 2010
Time: 08:00
Location: Felix Konferansesenter/"Arendal", Bryggetorget 3, Oslo
Language: Norwegian
Refreshments: Breakfast

The presentation will be held by CEO Rune Martini and CFO Frode Arnesen.

Please confirm your]]></description><pubDate>Tue, 26 Oct 2010 07:02:14 GMT</pubDate></item><item><title>SIMTRONICS - MARKET MAKER AGREEMENT</title><link>http://news.cision.com/simtronics-asa/r/simtronics---market-maker-agreement,c514953</link><guid isPermaLink="false">cision276634</guid><description><![CDATA[The company has today terminated its market maker agreement. The existing agreement will expire November 2010.]]></description><pubDate>Wed, 29 Sep 2010 09:17:00 GMT</pubDate></item></channel></rss>