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Comrod France SAS (former Lerc SAS) a fully owned subsidiary of Comrod Communication ASA has been awarded an IDIQ (Indefinite delivery/indefinite quantity) contract reaching a maximum of approximately NOK 150 million. The period of time for deliveries is 2009 - 2013.
The first call-off for approximately NOK 22 million is secured and it's expected that the potential following orders will be on a yearly basis. The products to be delivered are mainly spare parts for antennas and masts.
"We are very pleased to have received this long term contract; this is very satisfactory for all involved people. These types of contracts secures the underlying business within the Group says CEO Niklas Hermansson".
For further information please contact:
-Niklas Hermansson CEO of Comrod Communication Group, mobile phone +47 958 75 555 or nh@comrod.com
Kari Duestad, CFO, of Comrod Communication Group, mobile phone +47 924 63 690 or kd@comrod.com