MALMO, Sweden, Sept. 4, 2002 (PRIMEZONE) -- Teleca has signed an exclusive framework agreement with C.N.S. Systems, a key developer of communications, navigation and surveillance systems for the commercial aviation, merchant marine and the land market.
The framework agreement constitutes a deepening of the established relationship that exists between C.N.S. Systems and Teleca. The consulting assignments cover systems, software and electronics development and testing. The agreement is valid through 2004.
The agreement gives C.N.S. Systems access to Teleca's collective expertise within system development.
"With this cooperation agreement, we can increase the number of applications available to our customers," said Stefan Nilsson, CEO of C.N.S Systems. "By letting a third-party company provide their expertise and resources, we can cut costs as well as time-to-market - all with the aim of maximizing the benefits to our customers."
"As a supplier, we are pleased to have C.N.S. Systems' continued confidence. It is an important confirmation of our close and good relationship," said Jorgen Kleist, Regional Manager of Teleca's Linkoping operations. Teleca will continue to offer its expertise to C.N.S. Systems throughout the entire development chain; from advanced systems analysis to total undertakings, including development, maintenance and specialist competence in system and application development."
For additional information, contact:
Jorgen Kleist, Region Manager Teleca Systems AB Linkoping,
telephone +46 13 31 01 40, mobile +46 703-79 11 72
Stefan Nilsson, CEO, C.N.S Systems,
telephone +46 13 35 22 90
Thomas Pantzar, Executive Vice President, Teleca AB,
telephone +46 31-744 80 10, mobile +46 703-79 18 30
Teleca is a european high-end consulting groups focused on new technology and R&D. Our business concept is to strengthen our customer's market position and time-to-market. This is achieved by providing professional teams with specialist technical expertise, working in partnership with development-intensive companies world-wide. The group has more than 2,200 employees in 13 countries with a strong presence in the Nordic region, U.K., and France. Teleca is quoted on the Attract40 list of Stockholmsborsen. For more information please visit www.teleca.com.
C.N.S. Systems AB develops and markets systems for Communication, Navigation and Surveillance within civil aviation, civil maritime and the land market. The know-how and capability of C.N.S. Systems covers the range from deliveries of complete system solutions down to unit levels. The systems are based on the international standards VDL Mode 4 for civil aviation and AIS for the civil maritime market. With C.N.S. Systems product solutions, information from mobile units can be linkoed together in an operational centre to solve tasks in communication, surveillance and logistics. information from mobile units can be linked together in an operational centre to solve tasks in communication, surveillance and logistics. www.cns.se.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
www.waymaker.net/bitonline/2002/09/04/20020904BIT00280/wkr0001.doc www.waymaker.net/bitonline/2002/09/04/20020904BIT00280/wkr0002.pdf