Stock Exchange & Press Releases 2006

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Elektrobit Group Oyj - THE TRANSACTION CONCERNING ELEKTROBIT'S NETWORK TEST BUSINESS HAS BEEN APPROVED BY ANITE'S EXTRAORDINARY GENERAL MEETING

November 29, 2006

THE TRANSACTION CONCERNING ELEKTROBIT'S NETWORK TEST BUSINESS HAS BEEN APPROVED BY ANITE'S EXTRAORDINARY GENERAL MEETING


Free for publication November 29, 2006 at 1.30 pm. EET
 
 
THE TRANSACTION CONCERNING ELEKTROBIT'S NETWORK TEST BUSINESS HAS BEEN APPROVED BY ANITE'S EXTRAORDINARY GENERAL MEETING
 
The shareholders of Anite Group plc. (Anite) have approved the planned transaction concerning Elektrobit Group Plc.'s Network Test business at their Extraordinary General Meeting held on November 29, 2006. Elektrobit announced the agreement concerning the sale of the Network Test business to Anite in its Stock Exchange Release on November 3, 2006. The transaction is expected to be closed on November 30, 2006.
 
 
In Oulunsalo, November 29, 2006
 
CEO
Elektrobit Group Plc.
 
 
Further information:
Maija-Liisa Fors
Director, Investor Relations
Elektrobit Group Plc.
Tel. +358 40 344 2875
 
 
DISTRIBUTION:
OMX Helsinki
Principal media
 
 
About Elektrobit
Elektrobit is a Technology Company specialized in embedded software and hardware solutions for selected automotive and wireless environments. Elektrobit delivers software systems and navigation solutions for cars, advanced reference design terminals, IP radio base station modules, as well as R&D services and testing, material handling and process automation equipment for the electronics industry and teleoperators. Elektrobit employs some 2,000 professionals in 15 countries. The net sales for the year 2005 totalled MEUR 212.5. Elektrobit Group Plc. is listed on OMX Helsinki. www.elektrobit.com
 
 
About Anite
Anite is an international IT company whose primary business is the provision of business critical solutions based on its deep sector knowledge of the telecoms, public sector, and travel markets. These solutions almost always include at their core the supply of Anite-owned software products. The Group offers a comprehensive service to its customers, including implementation, systems integration, maintenance and managed services.
 
Headquartered in the UK, the Group now employs around 1,300 staff in ten countries across Europe, America, and Asia Pacific.