SOURCE: Enea AB

February 25, 2009 04:10 ET

Enea reduces costs in the Enea Services AB in Lund

KISTA, SWEDEN--(Marketwire - February 25, 2009) -


As previously announced in the full year report of February 6, Enea's services business has noticed a weakening demand, especially in southern Sweden. Because of a slowing market in the area and as part of an ongoing review of costs, Enea will decrease the number of consultants in Lund which will concern a maximum of 16 positions.

The measure is implemented in order to adjust to today's market situation and thus ensure healthy long-term business development. The company will, in alignment with its strategy, increase sales efforts relating to services projects and outsourcing (Bridged Services).

Enea has a total of 550 consultants operating world wide, including approximately 100 in Lund. Enea is a stable company with strong cash flow and a strong financial position. Enea is working actively to continuously review costs and adapt to market trends.

For more information, please contact:
Gregory Singh, SVP EMEA Services
Tel. 08-507 12 35 or gregory.singh@enea.com

About Enea

Enea is a global software and services company focused on solutions for communication-driven products. With 40 years of experience Enea is a world leader in the development of software platforms with extreme demands on high-availability and performance. Enea's expertise in real-time operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. Enea's vertical solutions cover telecom handsets and infrastructure, medtech, industrial automation, automotive and mil/aero. Enea has 750 employees and is listed on Nasdaq OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at info@enea.com

Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System Manager, Accelerating Network Convergence™, Device Software Optimized™ and Embedded for Leaders™ are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2009.


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