News & Events

Technia signs agreements with global telecom suppliers for delivery of software valued at more than SEK 40 M

April 7, 2010 | Addnode press release

Addnode’s subsidiary Technia, has signed agreements valued at more than SEK 40 M with global telecom suppliers. The agreements have a duration of more than two years and comprise delivery of PLM software from Dassault Systèmes, with accompanying support and maintenance agreements. Of the total order value, approximately SEK 30 M pertains to the extension of existing agreements.

Technia’s customers are active in several sectors and customer projects were conducted in some 30 countries during the 2009 fiscal year. In the telecom sector, it has such customers as: Sony Ericsson Mobile Communication, Ericsson, Nera Networks, Nokia, Nokia Siemens Network, Proximion Fiber Systems and Telenor Cinclus.

“Long-term relations with leading telecom and electronics companies represent a key portion of Technia’s customer base. The agreements are a clear sign that we are maintaining a strong position in these market segments and demonstrate our leading position in the area of PLM,” says Ylva Berg, President of Technia and business area manager of Product Lifecycle Management.

“We are very proud that global companies with complex requirements are choosing to work with us. The agreements signed demonstrate the benefits of working closely with customers and the importance of understanding customer needs,” says Staffan Hanstorp, President and CEO, Addnode AB.

[The information in this press release is of the type that Addnode is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on March 30, 2010 at 8:00 a.m.]

For more information

Jonas Gejer, CEO and President
Tel: +46 733 77 24 14 
E-mail: jonas.gejer@technia.com

Staffan Hanstorp, CEO, Addnode AB
Tel: +46 733 772 430
E-mail: staffan.hanstorp@addnode.com

Johan Andersson, Head of M&A and Investor Relation, Addnode AB
Tel: +46 704 205 831
E-mail: johan.andersson@addnode.com

About Technia
Technia is a world-class supplier of Product Lifecycle Management (PLM) solutions for the creation and management of product information throughout the entire product lifecycle. Technia has about 200 employees and is a part of the Addnode group (listed at the OMX Nordic List, Small Cap). The company is a strategic partner to more than 200 Nordic companies and has offices in Sweden, Finland, Norway and North America. Technia’s customer list includes: Ericsson, Electrolux, Forsmark, GE Healthcare, Haglöfs, Metso Paper, Mölnlycke Health Care, Nokia, Oticon, Scania, Sectra Mamea, Skanska, Sony Ericsson and SSAB. For more information about Technia, please visit www.technia.com.

About Dassault Systèmes
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences.  Dassault Systèmes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com 

CATIA, DELMIA, ENOVIA, SIMULIA, SolidWorks and 3D VIA are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.