Enea signs 1.2 MUSD Asian deal
STOCKHOLM, Sweden, 20 July, 2011 – Enea (NASDAQ OMX Nordic:ENEA) today announced that its Asian operation has signed an agreement with a telecom company. The agreement is worth 7.9 MSEK (1.2 MUSD) in total and includes licenses for Enea’s products related to base station development and product related services.
Of the total value, 3.0 MSEK is related to licenses for the middleware platform dSPEED, the realtime operating system OSEck for digital signal processors and the inter processor communication tool Linx. The customer has also signed an agreement to use product related consulting services to a value of 4.9 MSEK.
”This is a yet another proof of our strong position within telecoms.”, said Per Åkerberg, President and CEO for Enea. “To be successful in Asia is also a key factor when realizing Enea’s long term vision of creating an Enea that is much larger than what we see today.”
The license part of the total deal value has been recognized in the second quarter. The consulting income will be recognized over the project period which runs until the year end. The agreement also includes future maintenance fees and royalty for each system sold.
For more information
Per Åkerberg, President & CEO
Phone: 46 8 50 71 40 00
Email: per.akerberg@enea.com
Catharina Paulcén, VP Corporate Communications
Phone: 46 8 50 71 40 00
Email: catharina.paulcen@enea.com
About Enea
Enea is a global software and services company focused on solutions for communication-driven products. With 40 years of experience Enea is a world leader in the development of software platforms with extreme demands on high-availability and performance. Enea's expertise in real-time operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. Enea's vertical solutions cover telecom handsets and infrastructure, medtech, automotive and mil/aero. Enea has offices in Europe, North America and Asia. Enea is listed on Nasdaq OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at info@enea.com.
Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System Manager, Accelerating Network Convergence(TM), Device Software Optimized(TM) and Embedded for Leaders(TM) are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2011.
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