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Tilgin wins new strategic order from Telekom Srbija as part of FTTx deployment through Saga

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Stockholm, Sweden, October 11, 2010: Tilgin, a leading Home gateway solution provider for multiplay and next-generation broadband access, today announces a strategic second order from leading operator Telekom Srbija for its national FTTx access roll-out of remotely managed IP-based services in Serbia. Tilgin has won this new order through its partner and systems integrator Saga Beograd.

This new win is based on the strategic order announced in 2009. With this new order Tilgin will provide Telekom Srbija with 2600 units customized HG1300 Home gateways including Tilgin’s HGA software, an extended remote management software license and full support.

“With this order we are now collaborating with several of the most important telecom operators in Eastern Europe”, says Mats Victorin, CEO at Tilgin. We have won this order together with our partner and systems integrator Saga and we hope to expand our common business even further as it opens opportunities for more future business.”

Saga, Tilgin’s partner and leading Serbian system integrator, and the leading Serbian operator, Telekom Srbija has deployed Tilgin's Home Gateway solutions for fiber to the building (FTTB) connectivity and Tilgin's service and device management software VCM, in Belgrade since mid-2009. With this second order Telekom Srbija takes an even stronger grip on customizing Tilgin’s solution in order to reinforce their brand and more intensely communicate with their end-users. Telekom Srbija’s brand will be visible for end-users both on the actual Home gateway and on the gift box in which it is delivered.

“With Tilgin Telekom Srbija will be able to achieve an improved customer experience,” says Mats Victorin, CEO at Tilgin. “The combination of Tilgin’s high-performing solutions, the possibility to remotely manage their end-users’ services and brand the physical units make them look more professional, help them achieve a stronger relationship with their subscribers and most of all - differentiate them from competition”.

“Telekom Srbija’s system has delivered state of the art triple play solutions, being the first FTTB/FTTH deployment in Serbia,” says Radmilo Djordjevic, deputy Executive Director at Saga. “Tilgin is in a good position in the Eastern European countries. Through a series of important wins they have generated visibility for their solutions and their expertise. This proves that Tilgin has fiber and Ethernet solutions that fit the specific needs of this region’s operators very well.”

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“Tilgin makes this information public in accordance with the Swedish Securities Exchange Act and/or in accordance with the Swedish Financial Supervisory Authority.”

For further information, please contact: Mats Victorin, CEO Tilgin, Phone: +46 8 572 386 02, e-mail: mats.victorin@tilgin.com

About Tilgin
Tilgin high-performance, software-controlled home gateways and remote management solutions turn online homes into a profitable business for operators and a personalized experience of quality and simplicity for their customers. Our telecom-grade solutions allow for managed services – for triple play and beyond – to be introduced instantly and individually. With easy integration in operational and business support systems, they substantially reduce operators’ cost while creating loyal and satisfied customers and a strong brand. Tilgin systems and solutions are used by more than 100 operators in more than 30 countries giving Tilgin a strong client base with a broad international reach. Tilgin was founded in 1997 and is listed at NASDAQ OMX Nordic Exchange i Stockholm. Tilgin is headquartered in Kista, Sweden, and the company has a network of international sales channels. For more information, please visit www.tilgin.com A press kit is also available on: www.tilgin.com/presskit

About Saga
Saga is the largest system integrator company in Serbia and leader in the field of network infrastructure solutions for service providers with broad experience in IP/MPLS networks and NGN solutions for SP. Saga has partner relations with more then 40 leading vendors in networking and IT worldwide, including status of Cisco Gold partner and Juniper Networks Elite Partner. Saga was founded in November 1989 as a privately owned company and in 2008. Saga has extended regional presence with local offices in Montenegro, Republic of Srpska (Bosnia) and FYR Macedonia. From December 2009, major shareholder is New Frontier Holding GmbH (NFH). For further information visit www.saga.rs

About Telekom Srbija
Telekom Srbija (full legal name: Preduzeće za telekomunikacije Telekom Srbija a.d.) is a telecommunications company based in Serbia, with its headquarters in Belgrade. The company was founded by Public Enterprise of PTT Traffic Srbija as a single entity joint stock company in the restructuring process of Serbia’s PTT system, at the end of May 1997. Since mid-2003 Telekom Srbija a.d. has been owned by two shareholders: PE PTT Traffic Srbija and OTE of Greece. The company provides a range of fixed line, mobile, and Internet communications services in Serbia, Bosnia and Herzegovina and Montenegro. According to its most recent annual financial report submitted to Serbian Economic Register Agency, the company has 10,198 employees and it posted an annual profit of approximately €145 million (at the time) for the calendar year 2007. www.telekom.rs 

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