SOLNA, Sweden, Oct. 16, 2003 (PRIMEZONE) -- An extra meeting of shareholders in LGP Telecom Holding AB (Other OTC:LGPHF) (Stockholm:LGP) has today resolved, in accordance with the proposal from the board, to change the name of LGP Telecom Holding AB to LGP Allgon Holding AB.
For further information, please contact:
Bengt Broman, CEO Telephone: +46-8-540 822 31, Mobile: +46-705-70 10 30, E-mail: bengt.broman@lgpallgon.com
Claes Silfverstolpe, CFO Telephone: +46-8-540 822 32, Mobile: +46-708-98 83 45, E-mail: claes.silfverstolpe@lgpallgon.com
The LGP Group consists of two business areas: Telecom and Contract manufacturing. Business area Telecom, which consists of LGP's telecom operations and Allgon, develops, manufactures and markets telecom products that improve radio coverage, capacity and data transmission speed in mobile communications networks all over the world. The product line includes antenna systems, coverage solutions, base stations systems and radio link systems. In business area Contract manufacturing, the LGP Group is, in its niche, a leading contract manufacturer of advanced industrial components. The Group has about 1,400 employees in 13 countries and annual sales of about 2.5 billion kronor. LGP is listed on the Attract40 list of the Stockholm Stock Exchange.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/10/16/20031016BIT00330/wkr0001.doc
http://www.waymaker.net/bitonline/2003/10/16/20031016BIT00330/wkr0002.pdf