Enea signs agreement worth 10 MSEK (1.2 MUSD) over 5 years for open-source software with global communication networks customer

STOCKHOLM, Sweden, December 22, 2015 – Enea® (NASDAQ OMX Nordic:ENEA) has signed an agreement worth 10 MSEK (1.2 MUSD) over 5 years for open-source software with a global communication networks customer.

As the world leading vendor of operating systems for radio base stations Enea continues to serve its customers with combinations of proprietary and open-source software solutions to meet ever higher demands on security and availability. 

"We are excited to be able to provide our open-source based security solutions for OSE to one of our leading customers”, said Anders Lidbeck, President and CEO, Enea.

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 22, 2015 at 07:30 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 excited to be able to provide our open-source based security solutions for OSE to one of our leading customers.
Anders Lidbeck, President and CEO, Enea