Enea AB: Enea signs 2.4 MUSD service deal with US aerospace/defense company

Regulatory News:

Enea® (NASDAQ OMX Nordic:ENEA) and a leading US aerospace/defense company signs a service agreement valued at 2.4 MUSD over a period of 2.5 years.

The customer has re-selected Enea as preferred supplier after a major review of its service suppliers. Enea was selected out of more than 30 suppliers after a 6 month evaluation and negotiation process. With the new agreement Enea will continue to deliver services valued at 2.4 MUSD over a period of 2.5 years. Enea delivers the service with Enea’s North America Services team located in Arizona.

"The aerospace/defense industry is important to Enea, and we begin to see an improved situation in projects funded by the US national budget", says Anders Lidbeck, President and CEO for Enea. "This agreement confirms Enea's ability to compete with larger companies on critical and highly complex service contracts. The customer’s renewed confidence in Enea is a testament to our expertise in software design, development, integration, test and maintenance.”

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.

This is information of the type that Enea AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on May 23, 2014 at 13:30 CET.

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 2014.

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