Stock Exchange & Press Releases 2006

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Elektrobit Group Oyj - THE SALE OF ELEKTROBIT'S NETWORK TEST BUSINESS TO ANITE HAS BEEN CLOSED

November 30, 2006

THE SALE OF ELEKTROBIT'S NETWORK TEST BUSINESS TO ANITE HAS BEEN CLOSED


Free for publication November 30, 2006 at 6.00 pm. EET
 
 
THE SALE OF ELEKTROBIT'S NETWORK TEST BUSINESS TO ANITE has been CLOSED
 
The sale of the Network Test business between Elektrobit Group Plc. ("Elektrobit") and Anite Group Plc. ("Anite") has been closed on 30, November 2006.
 
 
In Oulunsalo, November 30, 2006
Pertti Korhonen
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.