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2015-09-03

Kitron: Agreement related to manufacturing of medical equipment

(2015-09-03) Kitron AS, a subsidiary of Kitron ASA, has signed a contract with
a leading supplier of medical equipment. The agreement specifies that Kitron
for specific products will be the supplier for a period of approximately two
years from 2016. In this period the expected turnover linked to the contract
is between NOK 100 million and NOK 120 million. Production will take place at
Kitron's plant in Arendal.

The agreement may be extended after the current two-year period.

For further information please contact:
Peter Nilsson, CEO Kitron ASA, tel. +47 948 40 850 or
e-mailpeter.nilsson@kitron.com

Hans Petter Thomassen, Managing Director Kitron AS, tel. +47 913 92 360 or
e-mailhans.petter.thomassen@kitron.com

Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical
equipment and Offshore/Marine sectors. The company is located in Norway,
Sweden, Lithuania, Germany, China and the United States. Kitron had revenues
of about NOK 1.75 billion in 2014 and has about 1 200
employees.www.kitron.com

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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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: Kitron ASA via Globenewswire

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