Enea renews frame agreement worth 14.9 MEUR over two years with a leading global mobile broadband customer
STOCKHOLM, Sweden, April 28, 2015. Enea (NASDAQ OMX Nordic: ENEA) has renewed a frame agreement that covers a broad range of the Enea’s product portfolio including development and production rights for OSE and OSEck. This agreement may also scale with the introduction of new Enea products and open source services during the agreement period.
The renewal also includes increase of production licenses for LTE shipments and licenses for a new runtime environment (part of Enea’s OSE Compatibility Platform, OCP) – a solution that will make it possible to run and accelerate the performance of legacy applications in Linux based environments.
“I am proud of this deal. This is a two year extension of a successful and key relationship and to see some of our new and innovative products being part of this agreement is rewarding", said Anders Lidbeck, President and CEO of Enea. "Our operating systems have been successful in the telecom industry for a long time and are embedded in a majority of the world’s 3G and fast growing number of LTE base stations. Continued product innovation is key both for us and our customer, to stay ahead in the next generation of virtualized networks."
This information is such that Enea AB (publ) is to publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 28, 2015 at 13:45 CET.
For more information visit www.enea.com/investors or contact:
Anders Lidbeck, President & CEO
E-mail: [email protected]
Sofie Sarhed, Investor Relations
Phone: +46 70 971 40 05
E-mail: [email protected]
Enea is a global supplier of Linux and real-time operating system solutions, including middleware, tools, databases, and world class services, with a vision to enable communication everywhere. As a trusted and respected player in the embedded software eco system, Enea has for more than four decades delivered value and helped customers develop and maintain ground-breaking products. Every day, more than three billion people around the globe rely on Enea’s technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. Enea has offices in Europe, North America and Asia, and is listed on NASDAQ OMX Nordic Exchange Stockholm AB. For more information please visit www.enea.com or contact us at [email protected]
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.