Norwegian high-tech company VMETRO ASA wins new orders in Germany

Tue. July 01, 2008; Posted: 04:35 AM

Jul 01, 2008 (NORDIC BUSINESS REPORT via COMTEX) -- VMTRF | Quote | Chart | News | PowerRating -- Norwegian high-tech company VMETRO ASA (OSE: VME) said on Tuesday (1 July) that its subsidiary VSYSTEMS has secured new orders for a total of EUR900,000 from an unnamed German defence contractor.

The orders cover signal processing, FPGA and I/O products, and will be delivered during 2008.

VMETRO, headquartered in Oslo, Norway, is one of the world's leading suppliers of embedded computers and systems. The company has 180 employees and reported revenues of NOK307m in 2007.

One British pound (GBP) is worth approximately 10.06 Norwegian kroner (NOK).

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