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2009-11-04 08:58:09 CET 2009-11-04 08:59:12 CET REGULATED INFORMATION Okmetic Oyj - Company AnnouncementOKMETIC AGREED ON A SIGNIFICANT TECHNOLOGY SALES CONTRACT FOR YEAR 2010OKMETIC OYJ STOCK EXCHANGE RELEASE 4 NOVEMBER 2009 AT 10.00 A.M. OKMETIC AGREED ON A SIGNIFICANT TECHNOLOGY SALES CONTRACT FOR YEAR 2010 Okmetic and Norwegian solar wafer company NorSun have agreed on a contract for year 2010 whereby Okmetic will supply NorSun mono silicon crystals used for solar cell manufacturing. The sales contract will amount to nearly 5 million euro. The agreement is an extension to the three-year technology sales contract between Okmetic and NorSun that is nearly completed this year. The earlier project has brought outstanding results for both parties. The agreement reinforces the estimate that solar cell and panel markets will grow and technology markets will recover next year as stated in Okmetic's latest interim report. Due to Okmetic's achievements in technology sales projects the company is well positioned for signing new technology contracts. OKMETIC OYJ Mikko Montonen President For further information, please contact: President, Mikko Montonen, Okmetic Oyj tel. + 358 40 5011 262, email: mikko.montonen@okmetic.com Senior Vice President, Finance Esko Sipilä, Okmetic Oyj tel. +358 9 5028 0286, email: esko.sipila@okmetic.com Distribution: NASDAQ OMX Helsinki Principal media www.okmetic.com OKMETIC IN BRIEF Take it higher Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries and sells its technological expertise to the solar cell industry. Okmetic provides its customers with solutions that boost their competitiveness and profitability. Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. Okmetic's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process. Okmetic has a global customer base and sales network, production plants in Finland and the US and contract manufacturers in Japan and China. Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com. |
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