SOURCE: Ericsson

March 13, 2007 11:41 ET

Ericsson extends the offer period to Tandberg Television's shareholders

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- March 13, 2007 -- Ericsson (NASDAQ: ERIC) is extending the offer period for its voluntary public cash offer to acquire all outstanding shares in Tandberg Television (OSE: TAT). The extended offer period expires at 4.30pm (CET) on Friday, March 16, 2007.

The terms and conditions set out in the offer document, dated February 26, 2007, remain in place during the extended offer period.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at: http://www.ericsson.com


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