Transmode AB

Interim Report January-September 2014 - Seite 2

In tandem with this program, we focused and intensified our sales efforts. We executed some 20 demos of our new 100G products in the quarter, gaining very positive feedback from existing and potential new customers. It's clear that the investments we made in a new generation of products for 100 and 10 Gbit/s have given us a competitive product portfolio, especially in terms of typical metro attributes like power consumption, density and pricing. I see great business potential for these products in 2015.

To expand our customer base, we sustained our focus on our partner program, which is creating potential for new customers in the enterprise and alternative operator segment. We're seeing new business opportunities in the EMEA outside Northern Europe, so we've upscaled activities on some of these markets. In North America, we're increasing our focus on cable operators, where our successes in Europe with one of the world's largest cable operators Liberty Global make an excellent reference. That's why we conducted a major event at the Cable Tech Expo in Denver in the quarter. In conjunction with this our 100G solution was also highly rated in the BTR Diamond Awards. We're also continuing to invest with the aim of securing new large accounts, and are continuously advancing our positioning with them.

I'm still positive about our market, driven by underlying high traffic growth in metro networks. In combination with the measures we've taken, an attractive product portfolio and continued investments in developing our products and markets, I'm confident about 2015.

Karl Thedéen, CEO, Transmode

The Interim Report is attached and available via the link at the end of this press release.

The information in this announcement is required to be disclosed by Transmode AB under the Swedish Securities Markets Act (Sw. lagen om värdepappersmarknaden). This information was released for publication at 08:00 AM CEST on 22 October 2014. 

This is a translation of the Swedish original. In case of any inconsistency between the Swedish and English version, the Swedish version shall prevail.

Invitation to press and analysts conference
Transmode AB's Interim Report for January-September 2014 will be published at 08.00 AM CEST, October 22, 2014. The company therefore invites investors, analysts and media to a telephone conference (in English) at 09:00 AM CEST, October 22, 2014 where the Interim Report will be presented by Karl Thedéen, CEO, and Johan Wilsby, CFO.