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HMS Networks AB: HMS Networks AB (publ) receives a 1.4 M€ order for Ethernet POWERLINK technology used in electrical drive systems.

HMS received a major order from a European automation device manufacturer in
order to deliver Industrial Ethernet communication based on Ethernet
POWERLINK technology for AC drives. The total volume of this contract is
approx. 1.4 M€ over a three years period and consist of hardware shipments
and software development.

"Ethernet Powerlink networks becomes more and more popular in the European
market and is today a strong technology mainly in the machine building
market. POWERLINK and other industrial networks are growing in importance
when connecting machines and devices to get better performance and
flexibility in today's manufacturing, strongly supported by trends such as
Industrie 4.0 and Industrial Internet of Things. With the best in class and
leading Anybus® technology from HMS we enable these trends already today for
our customers." Says Thilo Doering, Sales Director Central Europe, Germany.

For more information please contact:

CFO and IR Manager HMS Networks AB Gunnar Högberg;,
telephone: +46-35 17 29 95

CEO Staffan Dahlström;, telephone: +46 35 17 29 01

This information is such that HMS Networks AB (publ) is required to disclose
in accordance with the Swedish Financial Instruments Trading Act and/or the
Swedish Securities Market Act. The information was submitted for publication
at 10.00 CET on May 25, 2015.

HMS Networks AB (publ)
is a world-leading supplier of communication technology for industrial
automation. Sales amounted to SEK 589 million in 2014. Over 90% of these
sales were to customers located outside Sweden. All development and the major
portion of manufacturing are carried out at the head office in Halmstad and
in Weingarten. Sales offices are located in Japan, China, Germany, Denmark,
India, UK, USA, Italy and France. HMS has 370 employees and produces network
interface cards and products to interconnect different networks under the
trademark Anybus® and IXXAT® and products for Remote Management under the
trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm
in the category Mid Cap, Information Technology.

Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: HMS Networks AB via Globenewswire


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