Enea OSE Systems Announces Name Change
Enea OSE Systems Announces Name Change Enea OSE Systems, a subsidiary of the Enea Group, today announced that it has changed its company name to OSE Systems. This announcement follows a series of strategic corporate initiatives, including the move of corporate headquarters in May, from Stockholm, Sweden to San Jose, CA, and the appointment of Mike Dager to CEO. OSE Systems will maintain its status as a subsidiary of the Enea Group, which markets and sells services and training. "Our new company name is consistent with our increased global presence and the further development of our brand identity in the international embedded systems market," said Mike Dager, president and CEO of OSE Systems, Inc. "While we continue to espouse the values and high quality that our Swedish background has engendered, the new name is emblematic of the tremendous growth we have experienced, and the global level at which the company operates." OSE Systems will continue to offer the OSETM real-time operating system. The company will further develop its presence in the embedded systems market by continuing to align itself with leading customers and partners for future growth and profitability, both on a local and global level. About OSE Systems OSE Systems develops and distributes real-time operating systems (RTOS) and development tools for safety-critical, high-availability, distributed and fault-tolerant applications. OSE Systems was founded in 1996, and currently employs over 200 people worldwide. The company focuses primarily on creating the software to develop and support high- performance, mission-critical applications in the following industries: telecommunications, data communications, wireless devices, avionics and industrial control. Key customers include Ericsson, Lockheed Martin, Samsung, Lucent Technologies, Sony, Nokia, and Boeing. OSE systems is a subsidiary of Enea Group (SAXESS: ENEA), which markets and sells services and training. Headquartered in Stockholm, Sweden, the Enea Group employs over 900 people. For more information on OSE Systems, please visit http://www.ose.com. For more information, please contact: Ola Berglund, CEO and President of the Enea Group +46 8 507 144 17 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/12/20010612BIT00240/bit0002.doc http://www.bit.se/bitonline/2001/06/12/20010612BIT00240/bit0002.pdf