Nera Wins Two New Land Earth Station Contracts

Apr 03, 2001, 01:00 ET from Nera

    BERGEN, Norway, April 3 /PRNewswire/ -- Nera (Nasdaq:   NERAY) has won one
 contract with a telecom operator in Singapore and another contract with
 Hellenic Telecom Organisation (OTE) in Greece to deliver land earth stations.
 The contracts have a combined value of 50 million Norwegian kroner.
     Nera has for a number of years been a supplier of land earth stations to
 Singapore, and the new contract is for the provision of Nera's latest
 generation technology for land, mobile, voice and data communication via
 satellite.
     OTE is the Greek national telecommunication provider.  The contract
 awarded to Nera is for the upgrade of an existing land earth station to the
 latest generation technology for voice and data communication as well as
 equipment for transmittal of data packets and providing internet accesses via
 satellite. The contract represents a continuation of a longstanding and close
 co-operation between the companies, which started in the early eighties when
 Nera delivered a first generation maritime land earth station for
 Inmarsat A system to OTE.
     Both contracts will be carried out in 2001 and 2002.
     'These contracts confirm that Nera's strong global market position within
 satellite communication and the company's long and close co-operation with
 demanding customers across the world, leads to strong results.  As the main
 supplier within the Inmarsat system we continue to experience a high demand
 for our products as the Inmarsat system expands', says Bjorn Ove Skjeie,
 Chief Executive Officer of Nera.
     Nera is a world-leading global supplier, developing, manufacturing and
 selling wireless and satellite communication equipment and systems.  Nera is
 located in 26 countries with leading telecom operators and system integrators
 all over the world as customers.  The Nera organisation continuously works to
 create market-leading solutions based on innovative technologies and more than
 50 years of experience.  Today, the Nera Group benefits from the expanding
 markets in wireless broadband communications and the focus on mobile
 communication.
 
     Read more on www.nera.no .
 
 

SOURCE Nera
    BERGEN, Norway, April 3 /PRNewswire/ -- Nera (Nasdaq:   NERAY) has won one
 contract with a telecom operator in Singapore and another contract with
 Hellenic Telecom Organisation (OTE) in Greece to deliver land earth stations.
 The contracts have a combined value of 50 million Norwegian kroner.
     Nera has for a number of years been a supplier of land earth stations to
 Singapore, and the new contract is for the provision of Nera's latest
 generation technology for land, mobile, voice and data communication via
 satellite.
     OTE is the Greek national telecommunication provider.  The contract
 awarded to Nera is for the upgrade of an existing land earth station to the
 latest generation technology for voice and data communication as well as
 equipment for transmittal of data packets and providing internet accesses via
 satellite. The contract represents a continuation of a longstanding and close
 co-operation between the companies, which started in the early eighties when
 Nera delivered a first generation maritime land earth station for
 Inmarsat A system to OTE.
     Both contracts will be carried out in 2001 and 2002.
     'These contracts confirm that Nera's strong global market position within
 satellite communication and the company's long and close co-operation with
 demanding customers across the world, leads to strong results.  As the main
 supplier within the Inmarsat system we continue to experience a high demand
 for our products as the Inmarsat system expands', says Bjorn Ove Skjeie,
 Chief Executive Officer of Nera.
     Nera is a world-leading global supplier, developing, manufacturing and
 selling wireless and satellite communication equipment and systems.  Nera is
 located in 26 countries with leading telecom operators and system integrators
 all over the world as customers.  The Nera organisation continuously works to
 create market-leading solutions based on innovative technologies and more than
 50 years of experience.  Today, the Nera Group benefits from the expanding
 markets in wireless broadband communications and the focus on mobile
 communication.
 
     Read more on www.nera.no .
 
 SOURCE  Nera