Brussels : OPTI

April 26, 2012 01:00 ET

Option trading update - first quarter 2012

LEUVEN, BELGIUM--(Marketwire - Apr 26, 2012) - Option (EURONEXT Brussels: OPTI; OTC: OPNVY), a global leader in wireless connectivity, security and experience, today announced that during the first quarter of 2012 the Group generated revenue of EUR 12.1 million. Software & license revenues represented EUR 8.6 million and product related revenues represented EUR 3.5 million of total first quarter 2012 revenues.

The Company reports a positive EBITDA of EUR 3.7 million for the first quarter of 2012.

About Option

Option is a global leader in wireless connectivity, security and experience. Option enhances the performance, functionality and usability of wireless communications through a portfolio of 3G, 4G HSPA/LTE and WLAN connectivity solutions. The company works with mobile operators, OEMs, retailers and enterprise customers to create compelling products that enable new connected and secure services. Option is headquartered in Belgium, with further R&D facilities in Germany and an ISO 9001 production engineering and logistics facility in Ireland. Option maintains offices in Europe, the US, Greater China, Japan and Australia. More at www.option.com

Copyright ©2012 OPTION. All rights reserved. All product and company names herein may be (registered) trademarks or trade names.

For the PDF version of the press release in English or in Dutch, please click on the link below:

Option trading update - first quarter 2012: http://hugin.info/133962/R/1606058/508997.pdf

Option trading update - eerste kwartaal 2012: http://hugin.info/133962/R/1606058/508998.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Option via Thomson Reuters ONE [HUG#1606058]

Contact Information

  • Media Contact
    Jan Smits
    Gaston Geenslaan 14
    B-3001 Leuven, Belgium
    Tel: +32 (0) 16 31 74 11
    Fax: +32 (0) 16 31 74 90
    E-mail: Email Contact