Business Services Industry

Saab Supplies Oskarshamn Nuclear Power Station with Physical Security

Business Wire, March 19, 2008

STOCKHOLM, Sweden -- Regulatory News:

Saab (STO:SAABB) has signed a contract worth 392 MSEK with OKG Aktiebolag to supply Oskarshamn nuclear power station with physical security that meets the Swedish Nuclear Power Inspectorate requirements.

"We signed a similar contract to supply another Swedish nuclear power station with physical security in the middle of January. With this deal Saab now takes another important step into the area of civil security", says Gunilla Fransson, Managing Director of Saab Communication. Having stable communications and a common understanding of the situation is a basic requirement for creating security.

During 2008-2010 Saab will design and implement a surveillance system that is tailored for work in the surveillance centre of a nuclear power station. The system covers presentation systems, a network, systems for intruder alarms, cameras for surveillance and immediate verification of security perimeter alarms, pass control systems and systems guaranteeing uninterruptible power supply.

Saab will supply a complete solution for OKG that includes all the above systems as a turnkey contract, including installation, delivery and civil work. The contract will be completed during 2010.

Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.15 on March 19, 2008.

Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs.

This information was brought to you by Cision http://newsroom.cision.com

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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