Enea AB: Enea signs 1.1 MUSD deal with US medtech company

Regulatory News:

A leading US medical technology company has signed a service agreement with Enea (STO:ENEA) valued at 1.1 MUSD. The agreement is an extension for the remainder of the year with one of Enea’s long-term customers.

Enea provides professional services based in the US and Romania, utilizing the Enea bridged services model. Enea is the main contributor of complete outsourced engineering services to develop and maintain the next generation of software for the customer’s infusion systems.

The Enea team in Romania is responsible for architecture and all aspects of development and engineering, and the Enea team in North America is responsible for all program management and delivery.

Furthermore, Enea provides all the quality assurance required by the FDA, including development of a hardware platform to automate the infusion system in the lab, development and integration of a re-usable test framework, development of all the test scripts needed, execution and management of all the test automation, and execution of all the manual testing that the automation framework does not handle.

"Enea has 15 years of experience in developing software for stringent, process based, Federal Aviation Administration (FAA) and Food and Drug Administration (FDA) certification applications, plus extensive experience in managing large offshore engineering teams.”, says Anders Lidbeck, President and CEO for Enea. "This deal underlines Enea’s ability to deliver expertise for critical systems in any type of industry.”

About Enea

Enea is a global vendor of Linux and Real-time operating system solutions including middleware, tools, protocols and services. The company is a world leader in developing software platforms for communication-driven products in multiple verticals, with extreme demands on high-availability and performance. Enea’s expertise in operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. The company’s vertical solutions cover telecom handsets and infrastructure, medtech, automotive and mil/aero. Enea has offices in Europe, North America and Asia, and is listed on NASDAQ OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at info@enea.com.

Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Lite, Enea® dSPEED Platform, Enea® System Manager and Embedded for Leaders(TM) are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2013.

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