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2014-05-13

Smarteq AB: Deal with Kamstrup to Expand Smarteq's Business

Smarteq has added a customised antenna for Kamstrup AS to its product
range. The antenna has been developed in cooperation with Kamstrup
AS. The annual sales of the product are estimated at SEK 1 million.
Kamstrup will install the antenna in products designed for the
European markets where it operates.

"There is no better statement of our strength than the fact that we
cooperate on the development of our antennas with international
customers. The successful implementation of such projects require
customization, and we meet the customers' requirements by means of
high technological competence and flexibility", says Martin
Romanowski.

For more information, contact:

Johan Hårdén, CEO
Tel.: 0733 859 219
E-mail: johan.harden@smarteq.com

Martin Romanowski

Sales and Marketing VP

Tel.: +46 705 559 806

E-mail: martin.romanowksi@smarteq.com

Smarteq's business idea is to sell and develop antenna systems for
improved access, efficiency and security in a wireless world. The
priority market segments are Automotive and Communications. The
operations are focused on selling and developing antenna products for
the OEM and aftermarket. Smarteq has own resources for product
development, sourcing and sales. Production is mainly outsourced to
external partners in Europe and Asia. Smarteq has 15 employees in
Sweden and China. Marketing takes place via established sales
channels globally. Smarteq's class B stock is traded on First North
with Remium Nordic as Certified Adviser.

For more information, please visit: www.smarteq.com

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http://news.cision.com/smarteq-ab/r/deal-with-kamstrup-to-expand-smarteq...
http://mb.cision.com/Main/236/9584211/244069.pdf

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