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2009-06-29 12:55:00 CEST 2009-06-29 12:55:51 CEST REGULATED INFORMATION Stonesoft - Company AnnouncementSTONESOFT RECEIVED ORDERS FROM ALGERIAN TELECOM AT THE VALUE OF 1.2 MILLION EUROSStonesoft Corporation stock exchange release 29.6.2009 at 1:55 p.m. STONESOFT RECEIVED ORDERS FROM ALGERIAN TELECOM AT THE VALUE OF 1.2 MILLION EUROS Stonesoft Corporation has entered into a strategic partnership with the leading national telecommunications company Algeria Telecom in 2008. The partnership contract has now been renewed by a contract that is in force for one year at the time, for a maximum period of three years, unless terminated. The value of orders to be made annually under this frame agreement is at the minimum two (2) million Euros and at the maximum eight (8) million Euros. The frame agreement is also strategically significant to the company. Stonesoft has received first orders related to the frame agreement and their value is in total 1.2 million Euros. The deliveries will take place even during this quarter."These orders further strengthen Stonesoft's position in Algeria and demonstrate our competence and commitment to fulfill our customers' network security needs in large and critical service offerings", said Ilkka Hiidenheimo, CEO of Stonesoft Corporation. The company estimates that taking into consideration these deliveries to Algeria, the invoicing and net sales of the company will amount to approximately six (6) million Euros during the second quarter, which is approximately 3 to 12 percent less than in the corresponding quarter in the previous year. Stonesoft Corporation Ilkka Hiidenheimo CEO For further information: Ilkka Hiidenheimo, CEO, Stonesoft Corporation Puh. 09 476 711 E-mail: ilkka.hiidenheimo@stonesoft.com Kim Fagernäs, Vice President, EMEA and APAC, Stonesoft Corporation Tel. +358 9 476 711 E-mail: kim.fagernas@stonesoft.com Distribution: NASDAQ OMX Helsinki Ltd Main media www.stonesoft.com |
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