Sectra sells DARC infrastructure for financial information to Switzerland

Sectra sells DARC infrastructure for financial information to Switzerland The Swedish IT and telecom company Sectra has sold DARC infrastructure to the national Swiss broadcaster SRG SSR idée suisse. The SEK 1.3 million order is an important step toward Sectra's goal to be involved in the establishment of DARC systems throughout Europe. Sectra is a world leader in DARC (Data Radio Channel) technology and has been involved previously in the installation of DARC systems in Sweden, Austria, the Netherlands and in parts of Germany, France, Norway and the U.S. "The order from SRG SSR is a result of the procurement in December 1999 by the Swiss finance company Oceantrade of Sectra Fortuner, our portable receiver for financial information based on DARC technology," says Dick Ollas, President of Sectra Wireless Technologies AB. SRG SSR is now setting up a nationwide DARC-channel in Switzerland. In the beginning of the spring Oceantrade's financial information will be available real time in major Swiss cities and throughout Switzerland within a year." DARC is a digital radio information system in which information is transmitted via the FM network with a transmission speed of 16 kbit/sec. DARC technology makes it possible to send information in real time via the FM network and this immediately provides national coverage. The information becomes more easily accessible and information distribution is significantly less expensive than, for example, over the Internet, WAP and GSM. DARC is an ITU and ETSI standard, which uses a subcarrier in the FM band. For further information, please contact: Jan-Olof Brüer, President and CEO, Sectra AB, telephone: +46 (0)13 23 52 09, e-mail: job@sectra.se Please visit our website: http://www.sectra.se About Sectra Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology IT and telecommunications products. Today, the business includes products in medical imaging systems, secure communication systems and digital radio systems. The business within digital radio systems is conducted in the wholly owned subsidiary Sectra Wireless Technologies AB. Sectra AB is located in Mjärdevi Science Park in Linköping, Sweden, and evolved from research done at Linköping University. Business is conducted in five countries with a total of 155 employees. Sales for the fiscal year May 1998-April 1999 reached SEK 183 million. Since March 1999, Sectra's shares have been quoted on the O list of the OM Stockholm Exchange. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/13/20000113BIT00280/bit0001.doc http://www.bit.se/bitonline/2000/01/13/20000113BIT00280/bit0002.pdf