Smarteq and Aidon in successful AMR business in Finland

Smarteq has once again been awarded the contract to deliver antennas for the installation of the new-generation utility meters, “Smart meters”, for wireless transfer of data. Aidon will during 2011 deliver more than 300 000 Smart meters to the Finnish market.

Aidon is a European technology company specializing in smart metering and smart grid applications. Aidon's innovative solutions has made the company a well-known challenger of the traditional ways of thinking and acting. Smarteq is a well-known company as vendor of antennas and has been delivering a majority of the AMR projects in the Nordic area.

-       Our mission is to offer our customers, the utility companies, technical solutions that increase customer service. Smarteq stands for high quality products and services and we are looking forward to cooperating in other countries says Fredrik Rex at Aidon Oy.

-       With this order Smarteq consolidates its position on the market and increases the presence even further on the Nordic market  Smarteq will be a strong player in the continued rollout in Europe says Johan Hårdén, vice President at Smarteq

For more information:

Johan Hårdén                                                Fredrik Rex

Vice President Smarteq                                 Purchase & Logistics Director Aidon

Tel: +46 7 33 859 219                                    Tel: +46 7 033 667 26

E-post: johan.harden@smarteq.com            E-Post: fredrik.rex@aidon.se            

Smarteq develops, markets and sells antennas and antenna systems for better access, higher efficiency and security in a continuously growing wireless world. The business is focused on development and sales of products to the OEM and aftermarket. Smarteq has its own resources for research and development, sourcing and sales. The production is mainly outsourced to partners in Europe and Asia. Smarteq has 20 employed and the sales is carried out through established channels in 30 countries. Smarteqs B-share is traded at first North stock exchange, Remium is the Certified Advicer.

For more information on Smarteq, please visit : www.smarteq.com

Aidon Oy is a European technology company with offices in Finland, Sweden and

Norway. Aidon is specialized in energy consumption measurements and automatic

meter management (AMM) systems for energy and service companies. The new generation

AMM system developed by Aidon has achieved a strong market position as

the Nordic countries have transferred to remote readings.

More about Aidon: www.aidon.fi