Tilgin receives new order on IP technology from a leading Pan-Nordic operator
Stockholm, 28 April 2008: Tilgin has received a new order on Tilgin’s IP home gateway solution from a leading Pan-Nordic operator at an order value of approximately 1 MUSD.
"With this renewed order, Tilgin is continuously supplying this leading Pan-Nordic operator with VoIP technology as it expands its customer offering of advanced broadband services”, says Ola Berglund, CEO Tilgin. “Together with this week’s earlier order in Southern Europe via a global telecom company, this confirms the success of Tilgin’s sales model with both direct sales to major operators, as well as indirect sales via global telecom companies.”
The leading Pan-Nordic operator has used Tilgin's Vood 322 IP home gateways since the co-operation started in 2005. In February 2008 Tilgin announced an order reaching another 20 000 households. This collaboration and trust is now renewed with this new order enabling the operator, with Tilgin’s IP technology, to expand its consumer offering in a fast growing market quickly switching from fixed line telephony to VoIP (IP-telephony).
The order also encompasses Tilgin’s management system VCM for coordination of the CPE equipment in the households as well as customized software to meet the operator's specific requirements and allowing it to communicate more efficiently and effectively with its subscribers.
A key component in Tilgin’s solutions is its “VoIP stack”, a VoIP software allowing end-user a high-quality voice experience during a VoIP call that in all aspects resembles and is difficult to differ from a conventional call over the fixed line network.
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This press release has been reported to the Swedish Financial Supervisory Authority subject to FFFS 2007:11. In its capacity as issuer, Tilgin AB is releasing the information in this press release in accordance with the Swedish Securities Exchange Act. The information was distributed to the media for publication at 2 p.m on April 28th 2008.