Kongsberg Automotive wins contract in new citycar segment>
Kongsberg Automotive wins contract in new citycar segment
(Thomson Reuters ONE) - Kongsberg, 7 July 2009.Kongsberg Automotive (KA) has booked a new order for Seat Heat with alifetime value of MEUR 3,4 (30 MNOK). The customer is a Germanautomaker preparing to launch a new compact city car in 2011. Thiswill be an important growth segment as the car makers strive tolaunch more environment friendly cars to meet stringent missionstandards."The customer is one of Germany's leading carmakers and this contractrepresents an introduction of Kongsberg Automotive's new technologywithin Seat Heaters. Bringing new technology to the market isimportant for further growth in this area, and we expect new businessopportunities to follow as a result of this award", says Hans PeterHavdal, Executive President Automotive Systems Division. "The newtechnology is an evolution of the Seat Heat technology which is anarea where Kongsberg Automotive has been a leader for more than 30years". ###Kongsberg Automotive is headquartered in Kongsberg, Norway and hasapprox. 50 facilities in 20 countries. Kongsberg Automotive, withclose to 8.000 employees, provides system solutions to vehicle makersaround the world. The product portfolio includes gearshift systems,cables for a wide variety of applications, fuel lines, tubing andhoses, couplings, clutch actuation, stabilizing rods, seat heaters,seat ventilation, lumbar supports, head restrains, arm rests,steering columns, pedals, electronics and displays. Find moreinformation at www.kongsbergautomotive.com. ###FOR MORE INFORMATION, CONTACT:Hans Peter HavdalPresident, Automotive SystemsPhone:+4732770520. Mobile:+ 4792065690Ronny LieDirector CommunicationPhone : +4732770511. Mobile : +4791610798 ###This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 07.07.2009 - 04:15 Uhr
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