Enea Signs 1.8 MUSD Bridged Services Deal with US Medtech Company

Regulatory News:

Enea® (NASDAQ OMX Nordic:ENEA) and a leading US medical technology company has signed a service agreement valued at 1.8 MUSD. The agreement is an extension covering 2014 with one of Enea’s long-term customers.

Enea delivers the solution within Enea’s Bridged Services model, which combines international engineering expertise across several delivery sites, strengthened by onsite program managers. In this case, Enea’s Romania team manages architecture, development and engineering, and Enea’s North America team is responsible for program management and delivery.

Enea is the customer’s main contributor of outsourced product R&D services for developing and maintaining next generation software for the customer’s infusion technologies. Furthermore, Enea provides 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, as well as execution of all the manual testing that the automation framework does not handle.

"Enea has extensive experience in developing software and providing services for stringent and process-driven applications and devices”, says Anders Lidbeck, President and CEO for Enea. "The customer’s renewed trust in Enea is a testament to our successful track record in managing offshore engineering teams within our Bridged Services model.”

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 5, 2014, at 11:00 CET.

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 2014.

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