Enea signs agreement worth 1.5 MUSD with U.S. communication customer

STOCKHOLM, Sweden, December 8, 2015 – Enea® (NASDAQ OMX Nordic:ENEA) has signed a 3 year production license agreement with an existing U.S. communication customer operating globally in the field of public safety. Today’s agreement, worth 1.5 MUSD (12.6 MSEK) is a production license agreement for the operating system Enea OSE and Enea OSEnet, and will be recognized over the period.

"We are thrilled to witness the successes of our customers, and are proud to be a contributing factor to that equation”, said Anders Lidbeck, President and CEO, Enea. “It is also pleasing to see that close partnership with this industry leader in one of our stronghold markets results in continued business”. 

This is information of the type that Enea AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on December 8, 2015 at 09:30 CET.

For more information visit www.enea.com/investors or contact:

Anders Lidbeck, President & CEO

E-mail: anders.lidbeck@enea.com

Fredrik Medin, SVP Marketing and Communication
Phone: +46 709 71 40 11
E-mail: fredrik.medin@enea.com

About Enea

Enea is a global supplier of network software platforms and world class services, with a vision of helping customers develop amazing functions in a connected society. We are committed to working together with customers and leading hardware vendors as a key contributor in the open source community, developing and hardening optimal software solutions. Every day, more than three billion people around the globe rely on our technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. We have offices in Europe, North America and Asia, and are listed on NASDAQ OMX Nordic Exchange Stockholm AB. Discover more at www.enea.com and start a conversation 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® Lite, Enea® dSPEED Platform, Enea® System Manager 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 2015.

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About Us

About EneaEnea is a world-leading supplier of innovative software components for telecommunications and cybersecurity. Focus areas are cloud-native, 5G-ready products for mobile core, network virtualization, and traffic intelligence. More than 3 billion people rely on Enea technologies in their daily lives. For more information: www.enea.com

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We are thrilled to witness the successes of our customers, and are proud to be a contributing factor to that equation. It is also pleasing to see that close partnership with this industry leader in one of our stronghold markets results in continued business.
Anders Lidbeck, President and CEO, Enea