Sectra's First Quarter, May-July, Fiscal Year 2001/2002; Strong Start for Sectra in New Fiscal Year.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Sept. 4, 2001 Sectra (OMX OMX Office Max (stock symbol) :SECTb.) reports increased sales and order bookings in the first quarter of the 2001/2002 fiscal year. Sales rose by 4 % to 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. 50.2 million (48.5) and order bookings were up approximately 10 % to SEK 93.8 million (85.2). Profit before tax amounted to SEK 2.1 million (4.4). "We normally experience a seasonal variation in which the fiscal year, beginning on May 1, starts with low sales and losses," relates Jan-Olof Bruer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Sectra AB. "For the second consecutive year, this pattern was broken and a profit was reported for the first quarter". Sales in the company's core operations of medical IT and secure communications remain favorable. During the first quarter, Sectra received several orders for digital radiology systems in Sweden and abroad. Among other advances, Sectra scored a significant breakthrough in the Danish market with orders for Sectra's radiology information system A Radiology Information System (RIS) is used by radiology departments to store, manipulate and distribute patient radiological data and imagery. The system generally consists of patient tracking and scheduling, result reporting and image tracking capabilities. (RIS RIS rabies inhibiting substance. ) from the Odense and Funen hospitals. In the secure communications area, Sectra received an order from the Swedish Armed Forces The Swedish Armed Forces (Swedish: Försvarsmakten), is a Government agency responsible for the peacetime operation of the armed forces of Sweden. for development of KryptoModem, a flexible solution for communications between stationary as well as portable computers. In August, after the close of the reporting period, Sectra signed an agreement with Kongsberg Defence Communications AS in Norway for the NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. version of the Sectra Tiger telephone. The contract, covering 1,000 telephones with accessories, is Sectra's largest series order to date for the company's new Tiger version. Sectra's digital radiology system was ranked highest in an American customer survey 1) that evaluated PACS (Picture ArChiving System) A storage and management system for high-resolution images. Typically pertaining to the medical field, images such as X-rays, MRIs and CAT scans require a greater amount of storage than other industries. Sectra's operations Sectra has its roots in Linkoping Technical University and is one of Sweden's fastest growing high-tech companies in the IT area. Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology medical IT and telecommunications products. Today, the business includes products in medical systems, secure communication systems and wireless information systems. Business is conducted in six countries with a total of 185 employees. Sales for the fiscal year May 2000-April 2001 reached SEK 292 million. Since March 1999, Sectra's shares have been quoted on the O list of the Stockholm Exchange. 2) systems from eight leading suppliers in the US. Sectra's system, which is sold by Philips Medical Systems under its own brand on the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market, topped the ranking with the best performance. "Sectra's digital rdiology system has received the highest rating on several occasions in comparisons with systems from all major PACS suppliers. The fact that our end-customers rank the Sectra system high is the best confirmation our development team can receive that they are developing the right products. This is highly important for our continuing sales," concludes Jan-Olof Bruer. Sectra have a solid position in several high growth niche markets, both in Sweden and internationally. Based on this the Board of Directors expects that Sectra will continue to expand while maintaining profitability. 1) The customer survey was conducted by the research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a KLAS KLAS Keystone Library Automation System , based in Draper, Utah, and included 143 health clinics in the US 2) PACS - Picture Archive and Communications System Sectra's operations Sectra has its roots in Linkoping Technical University and is one of Sweden's fastest growing high-tech companies in the IT area. Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology medical IT and telecommunications products. Today, the business includes products in medical systems, secure communication systems and wireless information systems. Business is conducted in six countries with a total of 185 employees. Sales for the fiscal year May 2000-April 2001 reached SEK 292 million. Since March 1999, Sectra's shares have been quoted on the O list of the Stockholm Exchange. Visit our website http://www.sectra.com Note to Editors: This press release is also accessible online at www.Waymaker.net. The following files are available for download: http://www.waymaker.net/bitonline/2001/09/04/20010904BIT00140/bit0001.doc http://www.waymaker.net/bitonline/2001/09/04/20010904BIT00140/bit0001.pdf |
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