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2016-11-15

Ericsson: Ericsson chosen by European Commission for key utilities projects

* Ericsson awarded two European Commission funded projects as part of the
Horizon 2020 Programme

* SUCCESS and RE-SERVE research and innovative collaboration projects focused
on developing new 5G solutions to meet the challenges faced by utilities
companies

* Field trials to take place in Ireland, Romania and Italy in collaboration
with project partners

Ericsson (NASDAQ: ERIC) today announces it has been awarded two European
Commission funded projects as part of the Horizon 2020 Programme.
Collaborating with its partners in the utilities sector and academia,
Ericsson will undertake innovative research using 5G technologies to solve
the challenges faced by the utilities industry today.

SUCCESS is one of the projects aimed at developing new solutions based on 5G
technologies to ensure the security of energy networks and grids with a
particular focus on smart metering. The project has 16 partners from
industry, academia and utilities and runs for duration of 26 months, and
started on May 1, 2016.

The other project, named RE-SERVE, is aimed at developing new techniques and
solutions based on 5G technology to assist energy providers with balancing
the voltage and frequency of the power grid to maintain a stable power supply
to society, while at the same time increasing the proportion of power
generated by volatile renewable energy sources such as solar and wind energy.
With duration of 30 months and 11 partners from industry, academia and
utilities, the project started on October 1, 2016.

Ericsson Eurolab in Aachen, Germany, will take the lead on both projects, with
Professor Antonello Monti from the RWTH Aachen University as the Technical
Manager.

Electrical Supply Board Networks (ESB Networks), a leading company in the
energy sector in Ireland at the forefront of smart metering activities, is a
key partner across both projects and will implement trials in the resulting
solutions from the projects in their home market.

Marguerite Sayers, Managing Director, ESB Networks, says: "Smart energy
networks are key to successfully integrating high levels of distributed
renewable energy, electric heating and electric transport, and thereby help
to deliver a decarbonized future. Advances in smart networks can only be made
through pioneering thought leadership and the adoption of next generation
technologies.

"Through this collaboration, ESB is engaging with Ericsson, a world leader in
communications technology, and European academia, to develop and trial new
technologies and standards which will advance the long-term sustainability of
the energy industry. Both SUCCESS and RE-SERVE are pioneering projects which
will help ensure the security and resilience of energy networks through the
transition to decarburization. This partnership demonstrates ESB Networks'
commitment to achieving innovative solutions, exploiting new technologies and
methodologies to deliver for both our customers and future societies."

Charlotta Sund, Head of Customer Group Industry&Society, Ericsson, says: "With
the ongoing transformation of all industries being enabled by 5G, the
Internet of Things and Cloud technologies, Ericsson is committed to engaging
with leading industry partners in researching and innovating for the world in
which everything that can benefit from a connection will be connected. We are
delighted to be working with leading utilities and research institutes in
exploring and solving the challenges associated with such key issues as cyber
security and managing the utilization of maximal renewables while maintaining
grid stability and security of supply."

Professor Antonello Monti, Technical Manager, RWTH Aachen University, says:
"Future grids will be customer-centric infrastructures: end-users now
prosumers will interact with grid operations. RE-SERVE and SUCCESS are two
perfectly complementary projects to paint the picture of these futuristic
systems. While RE-SERVE will define how the technical interaction should
happen, SUCCESS will define how to make sure this interaction is secure,
where the end goal is to create a flexible and secure system ready for a
carbon-free society."

The partners in the SUCCESS project are:

Ericsson GmbH, ASM Terni SpA, KEMA Netherland BV, ECRO SRL, Electrica SA,
Engineering-Ingegneria Informatica SPA, ESB Networks DAC, Istituto Superiore
Mario Boella, Kungliga Tekniska Hoegskolan, OY L M Ericsson AB, P3
Communications GmbH, P3 Energy&Storage GmbH, Rheinisch-Westfaelische
Technische Hochschule Aachen, Synelixis Solutions Ltd, TeamWare SRL, Vrije
Universiteit Brussel.

The partners in the RE-SERVE project are:

Ericsson GmbH, Compania Nationala de Transport Alenergiei Electrice
Transelectrica SA, Centrul Roman al Energiei (Romanian Energy Centre), ESB
Networks DAC, Flexible Elektrische Netze GmbH, GridHound UG, Politecnico di
Torino, Rheinisch-Westfaelische Technische Hochschule Aachen, Universitatea
Politehnica din Bucuresti , University College Dublin, National University of
Ireland, Waterford Institute of Technology.

NOTES TO EDITORS

For media kits, backgrounders, and high-resolution photos, please
visitwww.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, business, and society
to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud
- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience, and capture new
opportunities.

With approximately 115,000 professionals and customers in 180 countries,
we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in
2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com

www.ericsson.com/news

https://www.ericsson.com/spotlight/industries

https://www.ericsson.com/industries/utilities

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FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations@ericsson.com

Ericsson chosen by European Commission for key utilities projects
http://hugin.info/1061/R/2057038/770590.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

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