Kitron signs agreement with Maquet

(2013-12-18) Kitron ASA has signed a general agreement for future business relations with Maquet Critical Care AB, part of Getinge Group. The agreement includes deliveries of mechanical and electronic-based products. Maquet is the largest subsidiary of Getinge Group of Sweden, a leading global medical technology company. "Medical equipment is one of Kitron's main segments, and we are thrilled to have Maquet Critical Care as a customer. Maquet has earned the confidence of hospitals and physicians for over 175 years, and the trust the company puts in Kitron is a seal of approval, says Dag Songedal, Interim CEO of Kitron ASA. The purpose of the agreement is to expand the global relationship between Maquet Critical Care AB and Kitron ASA. This agreement creates possibilities for both parties. An essential part of the agreement is a deeper relation with Kitron's global operations (Sweden, Norway, Lithuania and China). The agreement will be used for complex production of medical equipment including printed circuit boards, mechanical assembly and testing For further information please contact: Dag Songedal, interim CEO of Kitron ASA, tel.: +47 91 38 64 68 or e-mail dag.songedal@kitron.com Thomas Löfgren, Managing Director of Kitron AB, tel.: +46 36 290 2126 or e-mail thomas.lofgren@kitron.com Kitron is one of Scandinavia's leading Electronic Manufacturing Services companies for the Data/Telecoms, Defence, Energy, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and USA. Kitron had revenues of about NOK 1.7 billion in 2012 and has about 1,200 employees. www.kitron.com This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Kitron ASA via GlobeNewswire [HUG#1750730]