LAC, Part of TurnIT Supplies, Has Won a Major Order for Components for an American Manufacturer of Systems for the Mobile Internet.Business Editors & High Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 15, 2001 LAC Elektronik AB, which is part of TurnIT Supplies, has won an order for the supply of components for mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. systems, with running suborders during 2001. The order is valued at about SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 32 million, which exceeds the previous estimate for volume drawn up for the starting order in October 2000. The order will deepen deep·en tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. deepen Verb to make or become deeper or more intense Verb 1. co-operation with one of the USA's most successful manufacturers of systems for the mobile Internet. LAC is an established player in the supply and development of components to the telecoms industry and other industries throughout the world. Its products are tailored to customers' requirements, and typical uses include radio frequency applications, signal filtering and circuit boost functions. Other applications are digital WAN and mobile telenetworks, as well as fixed line access networks. Customers include Dell, Hewlett- Packard, Compaq, Ericsson, Nokia, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Telia, Tele2, Teracom, SCI (Scalable Coherent Interface) An IEEE standard for a high-speed bus that uses wire or fiber-optic cable. It can transfer data up to 1GBytes/sec. (hardware) SCI - 1. Scalable Coherent Interface. 2. UART. , Celestica and Flextronics. "This order strengthens our position as a strategic supplier of components for mobile Internet systems" says LAC's President, Torbjorn Heidergren, in his comments. "We are involved at an early stage in 3G systems, and this agreement may well lead to greater co-operation" concludes Torbjorn Heidergren. TurnIT AB is one of the larger Swedish IT groups listed on the OM Stockholm Stock Exchange's Attract40 list. TurnIT has about 1350 employees. Its business idea is to act as an IT partner, and to offer a share with lower than average risk through the acquisition of companies in different areas of the IT market. The Group's operations are divided over five business areas; Supplies, Software, Communication, Consulting and Outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. . It also includes TurnIT Development, which invests in IT companies at an early stage of development. ----------- This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2001/01/15/20010115BIT00410/bit0001.doc http://www.bit.se/bitonline/2001/01/15/20010115BIT00410/bit0002.pdf |
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