Smarteq receives strategic order for Smart Metering antennas for delivery during Q1 2012

Smarteq receives strategic order for Smart Metering antennas for
delivery during Q1 2012

Smarteq has received a 2.5 million SEK order from Finland for the
delivery of antennas for electricity meters during the first quarter of
2012. Smarteq is a leading antenna supplier in the Smart Metering sector
and over the last few years has delivered millions of high-quality
antennas for automatic metering of electricity, gas and water
consumption.

In October Smarteq took part in Metering and Billing/CRM Europe 2011,
the annual fair and conference in Amsterdam, and the response to and
interest in Smarteq's antennas was greater than ever.

“We can see that activity in the automatic metering market is picking up
again, which is great news for us. Our extensive experience and quality
products make us a very strong player. In 2012 we will see several new
electricity, gas and water metering projects start up in countries
outside the Nordic region. Now we also have a distributor that can
handle large volumes,” says Henrik Lindén, CEO at Smarteq.

For more information:

Henrik Lindén

CEO Smarteq

Phone: +46 733 859 242

Email: henrik.linden@smarteq.com (henrik.linden@smarteq.com)

Johan Hårdén

Vice VP Sales and Marketing Smarteq

Phone: +46 733 859 219

Email: johan.harden@smarteq.com (johan.harden@smarteq.com)

Smarteq's business concept is to sell and develop antenna systems for
improved access, efficiency and security in a wireless world. The
prioritised market segments are Automotive and Communications. The
business is focused on selling and developing antenna products for the
OEM and aftermarket. Smarteq has its own resources for product
development, sourcing and sales. Production is mainly outsourced to
external partners in Europe and Asia. Smarteq has 19 employees in Sweden
and China. Marketing takes place via established channels globally.
Smarteq's class B stock is traded on First North with Remium as
Certified Adviser.

For more information, please visit:
www.smarteq.com (http://www.smarteq.com/)