Bittium Corporation -- interessanter Wert - 500 Beiträge pro Seite

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Habe erstmals von dem Wert gelesen, hört sich gut an, besonders die Medizintechsparte

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Bittium Biosignals Ltd, subsidiary of Bittium Corporation, has signed a supply agreement to deliver customized ECG monitoring devices to a major US remote monitoring company
Bittium Biosignals Ltd, a subsidiary of Bittium Corporation, and a major US remote monitoring provider, have concluded a three-year supply agreement under which Bittium will supply the Bittium Faros™ 360 and customized Bittium Faros™ 360 cardiac ECG signal measuring and monitoring devices. In addition, Bittium will supply disposable electrodes for attaching Bittium Faros ECG devices.

When materialized in full, the total value of the agreement is USD 21 million (approximately EUR 17,1 million based on an exchange rate of February 12, 2018) with revenues recognized gradually during the years 2018, 2019, 2020 and 2021 depending on the progress of the product deliveries, with estimated emphasis on 2019 and 2020. This agreement does not change the Company’s long term financial outlook (published in the Half Year Financial Report January-June 2017 on August 9, 2017). Bittium will publish its Financial Statement Bulletin 2017 on February 22, 2018, where the Company will release the Financial Outlook for 2018.

The agreement, including product customization work, contains terms and conditions that are typical for supply agreements such as schedule and quality requirements. In addition the agreement enables development cooperation between the parties. The Bittium Faros 360 has U.S. FDA regulatory approval and according to the agreement Bittium is responsible for FDA approval of the customized Bittium Faros 360 device. The agreement terms include exclusive distribution rights for the Bittium Faros 360 devices for ambulatory ECG monitoring services in the U.S.A.

”The agreement is a very important expansion for Bittium in the competitive and growing healthcare technology export market. Bittium has the potential to grow into a major manufacturer and supplier for ambulatory ECG monitoring devices in the U.S.,” says Hannu Huttunen, CEO of Bittium Corporation.

The Bittium Faros 360 is a versatile ECG device that is used for early detection of cardiac abnormalities in everyday life. The Bittium Faros is ultra-small and lightweight and enables precise, long-term full disclosure ECG measurements and recordings, monitoring abnormal cardiac events, and mobile cardiac telemetry.

Oulu, February 13, 2018

Hannu Huttunen
CEO
Bittium Corporation

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Bittium starts volume deliveries of mobile devices developed for Mexican government authorities
New branch office established in Mexico will support customers in Mexico and Latin America

Oulu, Finland, January 18, 2018 – Bittium has received the first orders from Mexican government authorities for mobile devices developed for a satellite communication system. The mobile devices have been developed in a product development project that started in the year 2015. The product development phase has been successfully concluded and the devices are now in volume production. The total value of the first orders is approximately 2 million euros and the devices will be delivered to the customers by the end of the first quarter of 2018. The mobile devices are manufactured in Finland.

Bittium has opened a branch office in Mexico to enable high quality customer support for the local customers, and to contribute to sales and marketing in Mexico and other Latin American countries. Mr. Fernando Castillo has been appointed as the General Manager of the branch office in Mexico. Mr. Castillo has long experience from the Mexican authorities market.

“These first volume orders for the new mobile devices are continuation to a successful product development phase and good cooperation with the Mexican authorities. These are the most advanced hybrid devices in the world developed for a satellite communication system, which can be used for communication in both the satellite and terrestrial networks. In addition to high quality products, we want to offer our customers in Mexico high quality support and local services. Our presence in Mexico will also give us better visibility to the whole Latin American market”, says Mr. Hannu Huttunen, CEO of Bittium.

In addition to the branch office in Mexico, Bittium has sales and customer support activities in the United Kingdom, Singapore and USA. Bittium currently employs altogether over 600 employees worldwide.

[Fullhouse1]

Bittium Corporation is a Finnish company headquartered in Oulu.

Bittium is an engineering company in Wireless businesses. Bittium specializes in the development of secure communications and connectivity solutions.

The company's customer segments include the telecommunications, Internet of Things, and defense industries.

On 28 January 2013 Anite plc of the U.K. announced it would acquire the Elektrobit System Test Ltd. subsidiary from Elektrobit Corporation (EB), representing the Propsim portion of EB's business. The acquisition was effective 1 February 2013. [1]

On May 19, 2015, Elektrobit announced the sale of its automotive business segment to Continental AG for $680 million USD.[2] The sale includes the Elektrobit brand and all automotive segment assets. Elektrobit's wireless business will be renamed Bittium Corporation. The acquisition was effective 1 July 2015. [3]

On November 10, 2016, Bittium announced the acquisition of Mega Electronics Ltd and MegaKoto Ltd, Finnish companies based in Kuopio. Mega Electronics Ltd, founded in 1983, is an ISO13485 certified medical device manufacturing company. The company is specialized in biosignal measuring for cardiology, neurology, rehabilitation, occupational health and sports medicine. MegaKoto Ltd provides arrhythmia monitoring services for its customers such as primary care centers, private clinics and hospitals

[Fullhouse1]

Bittium Cardiac Navigator software solution for the analysis of the electrical cardiac activity Holter recordings received medical device approval in Europe
Oulu, Finland, March 9, 2018 – Bittium Cardiac Navigator™ meant for the analysis of clinical Holter ECG recordings has received medical device approval in Europe. The approval allows cardiologists to use the Bittium Cardiac Navigator software solution for official analysis of Holter-ECG recordings collected with Bittium Faros ECG monitoring devices.

The user-friendly and informative ECG data presentation and intuitive analysis tools of Bittium Cardiac Navigator software solutions make the software efficient and easy to use when analyzing multiple days of ECG recordings. Based on recordings, the software provides information about the electrical cardiac activity of the heart, typical of Holter ECG analysis, and in particular, about arrhythmia and other exceptional events. Bittium Cardiac Navigator is designed for scanning longer measurements efficiently in a shorter time and thus speeding up the final diagnosis.

Bittium Faros product family and Bittium Cardiac Navigator software solution

Bittium Faros is a versatile ECG device that is used for early detection of cardiac abnormalities in everyday life. Bittium Faros is ultra-small and lightweight, which enables precise long-term full disclosure ECG measurements for long-term Holtering, cardiac event monitoring, mobile cardiac telemetry and assessing autonomic nervous system functions.

Bittium Faros outpatient monitoring solutions include several software options for cardiac monitoring. The built-in arrhythmia detection algorithms of the Bittium Faros device are used for event recording and mobile event monitoring. This technology enables earlier repatriation of patients and even better ability to react to potentially emerging arrhythmias faster.

Bittium Cardiac Navigator is a completely new type of solution for the analysis of clinical Holter ECG recordings. Its user-friendly and informative data presentation and intuitive analysis tools make the software efficient and easy to use when analyzing multiple days of ECG recordings. Bittium Cardiac Navigator is designed for scanning longer measurements efficiently in a shorter time and thus speeding up the final diagnosis.

More information on the offering: https://www.bittium.com/products__services/medical/bittium_f…

[Fullhouse1]

Free for release on March 12, 2018 at 10am (CET +1)

Bittium exhibits its innovative R&D services for IoT; and medical technology products at Wearable Technology Show 2018 in London

Bittium’s presentation discusses about medical remote monitoring in the 5G era

Oulu, Finland, March 12, 2018 – Bittium exhibits its innovative R&D services for IoT (Internet of Things); and medical technology products at Wearable Technology Show 2018, to be held in ExCel, London, the United Kingdom on March 13–14, 2017. Bittium’s strong competence in medical grade R&D services, wireless devices, digitalization and information security enable us to create solutions which bring clear added value to both healthcare workers and patients.

At the event Bittium has a speaking slot in the Digital health technology track: "Medical remote monitoring in the 5G era”. Remote medical monitoring is one of the fastest growing medical device and service segments in the world. What does 5G connectivity bring in to the equation? The speaker is Pekka Pirttiaho, Sales Director of Medical Technology product and service area. Bittium is also participating in a discussion panel about ”AI – taking healthcare to another level”. The panel of experts will discuss about what kind of problems are possible to solve with the help of artificial intelligence regarding to patients, hospitals, and the healthcare industry in general, and what is on the horizon. Bittium’s panelist is AI Specialist Vili Kellokumpu

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Free for publication on March 28, 2018 at 4.45pm (CEST +1)

Bittium expands its medical remote diagnostics offering by acquiring RemoteA’s medical remote diagnostics service platform

With the business transaction Bittium’s offering expands from measuring and monitoring the electrical activity of the heart and brain to measuring and monitoring sleep apnea

Oulu, Finland, March 28, 2018 – Bittium Medanalytics Oy, a subsidiary of Bittium Corporation, and RemoteA Oy have today signed a business purchase agreement according to which Bittium Medanalytics Oy purchases RemoteA’s medical remote diagnostic service platform and the product rights of the related medical measurement devices and their interfaces. With the business transaction Bittium’s offering expands from measuring and monitoring the electrical activity of the heart and brain to measuring and monitoring sleep apnea. In addition, a third party blood pressure measurement device has been connected to the service platform, and in the future, it is possible to connect also other measurement devices to the system. Biosignal information collected from the patients via the remote diagnostics service platform enables the transfer of information over the internet and it serves as a platform for patient measurement data and specialists’ diagnosis.

”After completing the business transaction, Bittium is able to deliver its customers offering remote diagnostics services a complete solution for long-term recordings of ECG, blood pressure and sleep apnea, as well as measurement and information transfer services over the internet. Bittium’s complete solution includes biosignal measurement and analysis software, and enables patient’s measurement information and medical diagnosis information over the internet and thus facilitates and speeds up patient care. This business transaction expands our offering in the Medical Technologies product and service area and supports Bittium’s strategic goal to grow as a solution provider for biosignal measurements”, says Hannu Huttunen, CEO of Bittium Corporation.

RemoteA and Bittium have earlier both been providing Coronaria Analyysipalvelut Oy, a joint venture of Bittium and Coronaria, with measurement and remote diagnosis information transfer services which, after this business transaction, will be transferred to Bittium’s sole responsibility. Bittium will provide similar service and the measuring equipment needed in the future also to RemoteA’s subsidiary in Sweden.

The business transaction has no significant impact on Bittium Corporation’s financial outlook for 2018. The parties have agreed that the value of the transaction will not be published.

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Bittium Wireless Ltd, a subsidiary of Bittium Corporation has received a purchase order from the Finnish Defence Forces for Bittium TAC WIN products

Oulu, Finland, April 13, 2018 – Bittium Wireless Ltd, a subsidiary of Bittium Corporation has received a purchase order from the Finnish Defence Forces for products included in the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system, which is meant for tactical communications. The value of the purchase order is EUR 14.3 million (excl. VAT). The purchase order does not change Bittium's financial outlook for the year 2018, published on February 22, 2018 in Bittium Corporation’s Financial Statement Bulletin 2017.

The purchase order is based on the Framework Agreement signed by Bittium and the Finnish Defence Forces on August 9, 2017, according to which the Finnish Defence Forces will order products included in the Software Defined Radio based Bittium TAC WIN system during the years 2018-2020. According to the Framework Agreement, Finnish Defence Forces will issue separate purchase orders for the products each year. The products ordered now will be delivered to the Finnish Defence Forces during the year 2018. If materialized in full, the total value of the Framework Agreement is EUR 30 million (excl. VAT). Bittium issued a stock exchange release about the Frame Agreement on August 9, 2017.

The purchase order is part of the renewal of the Finnish Defence Forces’ command, control and communications system, where the Software Defined Radio based Bittium TAC WIN system acts as the backbone network for tactical data transfer. Bittium TAC WIN provides broadband IP network connections for mobile communication stations and command posts. In the reformed combat doctrine of the Finnish Defence Forces, mobility, leading the troops on the move, and effective communications play a key role.

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Bittium received purchase order from Finnish Defence Forces for maintenance and further development of Bittium TAC WIN and Bittium Tough VoIP systems

Press release

Free for publication on May 15, 2018 at 2.30pm (CEST +1)

Bittium received purchase order from Finnish Defence Forces for maintenance and further development of Bittium TAC WIN and Bittium Tough VoIP systems

Oulu, Finland, May 15, 2018 – Bittium has received a purchase order from the Finnish Defence Forces for the maintenance and further development of systems and related products meant for tactical communications. The order refers to the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system, the Bittium Tough VoIP™ system for tactical IP calls and data transfer, as well as the products related to the systems, which are used by the Finnish Defence Forces. The purchase order applies to the year 2018 and includes the technical support of the systems and the equipment, software support, upkeep of the system support, management of the system support, and development of new features. The systems that enable tactical communications and IP calls support the reformed combat doctrine of the Finnish Defence Forces where mobility, leading the troops on the move and effective communications play a key role.

The value of the purchase order is EUR 2.3 million (excl. VAT). The purchase order does not change Bittium's financial outlook for the year 2018, published on February 22, 2018 in the Bittium Corporation’s Financial Statement Bulletin 2017.

[Fullhouse1]

evismo schliesst Seed-Finanzierungsrunde mit Bittium ab
Zürich, Schweiz, 12. Juli 2018 - Die evismo AG freut sich bekannt zu geben, dass ihre Seed
Finanzierungsrunde mit dem Hauptlieferanten und Entwicklungspartner Bittium
abgeschlossen wurde. evismo wird mit dieser Finanzierung Start, Wachstum, den Aufbau
eines starken Teams und der richtigen Infrastruktur beschleunigen können.
evismo vernetzt neue Technologien im Gesundheitswesen mit dem Ziel, Patienten optimal
bei Prävention, Diagnose und Therapie zu begleiten – zu Hause und aus der Ferne. Dazu
bietet evismo kostengünstig und patientenorientiert Fernüberwachung der Vitalparameter in
der Schweiz unter Einsatz modernster eHealth Technologien und mit mobil verbundenem
Fachpersonal.
evismo’s erste Dienstleistung ist evismo-CardioFlex, das Langzeit-EKG mit maximaler
Diagnosesicherheit für Allgemeinärzte, Kardiologen, Kliniken, Krankenhäuser und andere
medizinische Fachkräfte. CardioFlex bietet eine maximale diagnostische Ausbeute bei
minimaler Tragedauer da die EKG-Daten täglich auf alle relevanten Arryhthmien überprüft
werden. So wird der Sensor von einem Tag bis zu 30 Tagen getragen. So kurz wie möglich,
so lange wie nötig eben.
CardioFlex kann beispielsweise für Patienten mit sporadischem, asymptomatischem
Vorhofflimmern eingesetzt werden bei denen sich der Verdacht nach einem 24- oder 48-
Stunden-Holter in ca. 85% der Fälle nicht bestätigen lässt*. Mit CardioFlex wird der EKGSensor
so lange getragen wie nötig, um Patienten richtig zu diagnostizieren und die
notwendigen Therapien zu beginnen. Komplikationen aufgrund von Nichtbehandlung können
so vermieden werden.
"Wir freuen uns, dass wir unsere erste Investitionsrunde mit Bittium, unserem bevorzugten
und ausgewählten Anbieter für EKG-Sensoren und -software, abgeschlossen haben. Mit
Bittium haben wir einen Partner gefunden, der Fernüberwachung und
Patientendatensicherheit versteht und lebt. Wir arbeiten eng mit dem gesamten Team von
Bittium zusammen und teilen die gemeinsame Vision von benutzerfreundlichem und digital
transformiertem Monitoring. Gemeinsam werden wir den Patientenkomfort und die Sicherheit
erhöhen und gleichzeitig die Gesundheitskosten senken ", sagt Willemien van den Toorn,
Co-Founder und Managing Partner der evismo AG.
Für Bittium erweitert der Deal das Angebot im Bereich Medizinprodukte und Services. Er
unterstützt das strategische Ziel, als umfassender Lösungsanbieter im Bereich der
Vitalparametermessung zu wachsen.
"Die Kooperation mit evismo ermöglicht Bittium den Zugang zu einem Netzwerk von Ärzten
und Spezialisten in der Schweiz, um die Entwicklung von Technologien für die medizinische
Ferndiagnostik zu unterstützen. Diese Kooperation eröffnet auch das Marketing und den
Vertrieb für das Ferndiagnoseservice-Geschäft von Bittium in Zentraleuropa. Die langjährige
Erfahrung von evismo in der medizinischen Ferndiagnostik kombiniert mit der über 30-
jährigen Erfahrung von Bittium in Funktechnologien und Vitalparametermessungen
ermöglicht die schnelle Entwicklung und Implementierung eines innovativen und
umfassenden Systems. Durch diese Zusammenarbeit glauben wir, dass wir die
Gesundheitsdienstleistungen verbessern können, indem wir fortschrittliche und
kosteneffektive Systeme und Geräte entwickeln ", sagt Arto Pietilä, Senior Vice President
von Bittium Medical Technologies

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September 27, 2018
Bittium to supply tactical Bittium Tough SDR Vehicular™ radios to the pilot phase of the Spanish Army’s VCR 8x8 vehicle programme
Press release

Free for publication on September 27, 2018 at 3.30pm (CEST +1)

Bittium to supply tactical Bittium Tough SDR Vehicular™ radios to the pilot phase of the Spanish Army’s VCR 8x8 vehicle programme
Oulu, Finland, September 27, 2018 – Bittium will supply its tactical Bittium Tough SDR Vehicular radios together with the ESSOR High Data Rate Waveform (ESSOR HDR WF) to the pilot vehicles of the Spanish Army’s VCR 8x8 vehicle programme (Vehículo de Combate sobre Ruedas). In the scope of the VCR 8x8 programme the Spanish Army will acquire new combat vehicles and related data transfer systems to replace their current, long-lived combat vehicles. Bittium Tough SDR Vehicular radios will be delivered to the temporary joint venture UTE 8x8 (Unión Temporal de Empresas) formed by the Spanish companies GDELS Santa Bárbara Sistemas, Indra and SAPA. After the pilot phase, the programme will continue with another phase during which a separate procurement decision will be made for the supply of vehicular radios to the combat vehicles that will be deployed by the Spanish Army. Participation in the pilot phase of the programme does not automatically guarantee participation in the following phase of the programme.

Bittium’s vehicular radios will be delivered as part of the tactical communications system of the pilot vehicles to demonstrate the capabilities and performance of the system. The tactical communications system of the VCR 8x8 vehicles will create a top-quality tactical network for the needs of the combat command and control.

“The Spanish Army’s VCR 8x8 vehicle programme is the first foreign customer for the Bittium Tough SDR Vehicular radio and therefore an important milestone in Bittium’s internationalization efforts and in selling the new tactical Bittium Tough SDR radios abroad. The new radios will also include the ESSOR HDR Waveform, which will significantly improve the performance of the combat troops”, says Mr. Jari Sankala, Senior Vice President of Defense & Security at Bittium.

Bittium Tough SDR Vehicular™

Bittium Tough SDR Vehicular radio belongs to the Bittium Tough SDR product family together with the Bittium Tough SDR Handheld™ radio. The radios enable producing and sharing real time situational awareness (location, image, voice, video, and sensor data) to all levels of the organization. This improves the performance and the effectiveness of the tactical troops and makes leading them easier based on the up-to-date situational awareness and more reliable connections.

The two-channel Bittium Tough SDR Vehicular radio can flexibly use the best performing waveform considering the conditions and the mission, such as the Bittium TAC WIN Waveform™, ESSOR HDR Waveform and Bittium Narrowband Waveform™. The uniquely wide range of frequency bands in the radio improves combat survivability. Using several waveforms, even simultaneously, improves compatibility and enables operations on different levels and missions. Bittium Tough SDR Vehicular can also be installed with an LTE module in which case the radio can be used for creating a connection to commercial LTE networks.

More information on the Bittium Tough SDR Vehicular radio: www.bittium.com/BittiumToughSDRVehicular .

The purchase order does not change Bittium's financial outlook for the year 2018, published on August 8, 2018 in the Bittium Corporation Half Year Financial Report January-June 2018

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The Finnish Defence Forces have been authorized to sign a Framework Agreement on the purchase of versatile Bittium Tough Comnode™ terminals

Oulu, Finland, October 3, 2018 – The Finnish Minister of Defence Jussi Niinistö has authorized the Finnish Defence Forces Logistics Command to enter into a Framework Agreement with Bittium Wireless Ltd on the purchase of Bittium Tough Comnode™ terminals and related accessories. The Framework Agreement would cover the years 2018-2020. The maximum value of the purchase authorization for the Framework Agreement would be EUR 8.3 million (excl. VAT). Based on the Framework Agreement, the Finnish Defence Forces would issue separate purchase orders in several batches during the validity of the Framework Agreement. The Framework Agreement will not change Bittium's financial outlook for the year 2018, published on August 8, 2018 in Bittium's Half Year Financial Report January-June 2018.

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Bittium’s cooperation partner in Austria Kapsch BusinessCom AG was informed today that it should be selected as the provider of the new tactical communication system for the Austrian defense forces.

Oulu, Finland, November 23, 2018 – Bittium’s cooperation partner, Austrian information technology company Kapsch BusinessCom AG, was informed by the Austrian defense administration (Bundesministerium für Landesverteidigung, BMLV) today that it should be selected as the provider of the new IP-based tactical communication system for the Austrian defense forces. Bittium’s products for tactical communications are a significant part of Kapsch BusinessCom’s bid, including the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system, which will be the core of the new communication system, as well as Bittium Tough Comnode™ and Bittium Tough VoIP™ products.

After the decision given today by the Austrian defense administration, a 10-day appeal period starts, during which, the losing parties of the competitive bidding can make a complaint of the ministry’s decision to the court. This is a typical process in such public competitive bidding. Bittium will follow up the situation and issue a stock exchange release without delay as more information is available.

If materialized, Bittium’s share of the total value of the winning bid will be around EUR 30 million (excl. VAT). The product deliveries are expected to take place during the years 2019-2021 and the majority of the net sales is estimated realize during the years 2020 and 2021. This will not change Bittium's financial outlook for the year 2018, published on August 8, 2018 in the company’s half year interim report.

The bid was made for a large-scale, internationally tendered programme called the Future Tactical Communications Network (FTCN). In the programme the tactical communications of the Austrian defense forces will be renewed with a complete IP-based (Internet Protocol) system. The core of the system will be the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system. Kapsch BusinessCom will integrate and deliver the complete system to the Austrian defense forces, including also their own and third-party solutions

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Bittium machte 2017 ca 51 Mio Umsatz. Dieser Auftrag und der aus Österreich umfassen 43 Mio die sicher sind, dazu die Option von weiteren 257 Mio. Das hört sich doch gut an.

Oulu, Finland, December 11, 2018 – The Finnish Minister of Defence Jussi Niinistö has authorized the Finnish Defence Forces Logistics Command to enter into an Agreement with Bittium Wireless Ltd on the purchase of Bittium Tough SDR™ handheld and vehicle radios, and their related accessories. The value of the Purchase Agreement currently under negotiations is at the maximum approximately EUR 13 million (incl. VAT). The new software-defined-radio based tactical radios will be used at the first phase by the Army and the delivery will be completed at the latest by the end of the year 2020. The purchase agreement does not change Bittium Corporation’s financial outlook for the year 2018 published on August 8, 2018 in the half-year financial report.

The Purchase Agreement under negotiation is based on the Letter of Intent for purchase of the new tactical radios signed by Bittium and Finnish Defence Forces on August 8, 2017. This Purchase Agreement under negotiations is a natural continuum to the Letter of Intent. Bittium issued a stock exchange release on the Letter of Intent on August 8, 2017.

The purchase agreement will include terms for optional additional purchase, according to which, the Finnish Defence Forces have an option to purchase additional tactical radios and their related accessories, training and system management for the use of Army, Air Force and Navy, based on the prices agreed in the Purchase Agreement. If the purchase amounts would realize in full, the total value of the purchase would be EUR 257 million (including VAT) at the maximum. As agreed in the Letter of Intent, the Finnish Defence Forces aim at making these additional purchases during the next ten years. The materialization of the purchase is affected by the yearly state budget allocations for the administrative of the ministry of defense. There will be separate purchase orders on these optional additional purchases.

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Free for publication on January 28, 2019 at 10am (CET +1)

Bittium received a purchase order from the Finnish Defence Forces for maintenance and further development of Bittium TAC WIN and Bittium Tough VoIP systems during 2019­­-2020

Oulu, Finland, January 28, 2019 – Bittium has received a purchase order from the Finnish Defence Forces for the maintenance and further development of systems and related products meant for tactical communications. The purchase order includes the maintenance and further development of the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system, the Bittium Tough VoIP™ system for tactical IP calls and data transfer, as well as the products related to the systems. These systems are used by the Finnish Defence Forces to support their reformed combat doctrine, where mobility, leading the troops on the move and effective communications play a key role.

The purchase order applies to the years 2019-2020 and includes technical support for the systems and the equipment, software support, maintaining readiness for system support, management of system support and development of new features. Included is also the development of the waveform used by the Bittium TAC WIN system. This persevering development work continues the further improvement of the data transfer capacity and survivability of the TAC WIN system so that the performance of the whole system is world-class.

The value of the purchase order is EUR 3.4 million (excl. VAT). The purchase order does not affect Bittium's financial outlook for the year 2018 (published in the Half Year Financial Report January–June 2018 on August 8, 2018). Bittium will publish its Financial Statement Bulletin 2018 on February 21, 2019, where Bittium will release the Financial Outlook for 2019.

[Fullhouse1]

und noch ein Auftrag:
Bittium Wireless Ltd, a subsidiary of Bittium Corporation, has received a purchase order from the Finnish Defence Forces for Bittium TAC WIN™ products and Bittium Tough Comnode™ terminals
Bittium Wireless Ltd, a subsidiary of Bittium Corporation, has received a purchase order from the Finnish Defence Forces for products included in the Software Defined Radio based Bittium Tactical Wireless IP Network™ (TAC WIN) system and Bittium Tough Comnode™ terminals, which are meant for tactical communications. The total value of the purchase order is EUR 11.5 million (excl. VAT) of which the share of the Bittium TAC WIN system’s products is EUR 9.9 million and the share of the Bittium Tough Comnode terminals is EUR 1.6 million. Bittium will publish its Financial Statement Bulletin 2018 on February 21, 2019, where Bittium will release the financial outlook for 2019.

[Fullhouse1]

Summary January-December 2018

The net sales increased by 21.7 percent year-on-year to EUR 62.8 million (EUR 51.6 million, in 2017).

The share of the product-based net sales grew significantly to 49.0 percent and was EUR 30.8 million (EUR 16.3 million, in 2017) and the share of the services-based net sales decreased to 51.0 percent and was EUR 32.1 million (EUR 34.9 million, in 2017).

EBITDA was EUR 7.5 million (EUR -2.3 million, in 2017).

Operating profit was EUR 2.8 million (EUR -6.2 million, in 2017).

Net cash flow was EUR -32.0 million (EUR -32.0 million, in 2017).

Result for the period was EUR 4.0 million and earnings per share were EUR 0.113 (result for the period from continuing operations EUR -4.8 million and earnings per share EUR -0.133, in 2017).

The Board of Directors proposes that the Annual General Meeting to be held on April 10, 2019 resolve to pay EUR 0.05 per share as dividend based on the adopted balance sheet for the financial period of January 1, 2018 - December 31, 2018, representing approximately half of the result of the financial period, and in addition EUR 0.10 per share as additional dividend, totaling altogether to EUR 0.15 per share.

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Outlook for 2019

The amount of wireless broadband data transfer applications is expanding and diversifying. Also the amount of data transfer and the need for secure data transfer are growing. These all create demand for Bittium’s leading edge technology products and solutions.

The digitalization of healthcare and remote care are becoming more common, enhancing the healthcare services and creating demand for Bittium’s medical technology products and solutions. In order to enable strong international growth in a long term, Bittium invests significantly in developing its own products and solutions and aims at growing its net sales based on its products and product platforms.

Bittium expects that the net sales in 2019 will grow from previous year (EUR 62.8 million in 2018) and the operating profit to be better than in the previous year (2.8 million in 2018). Due to the product deliveries focusing on the second half of the year, the accumulation of the operating result is expected during the second half of the year, as in the previous year. In addition, the level of operating result in 2019 will be impacted by the investments in own products and product platforms started in 2017.

More information about Bittium’s market outlook is presented in the section “Market outlook” in this Financial Statement Bulletin.

[jaska2016]

Antwort auf Beitrag Nr.: 57.763.144 von Fullhouse1 am 15.05.18 14:08:20

Hi,

https://www.inderes.fi/fi/videot/bittium-q42018-tilinpaatost…

Good presentation, you should watch it Fullhouse.

Finland has also a HX Fighter program https://www.defmin.fi/en/administrative_branch/strategic_cap…

Hannu Huttunen (CEO Bittium) told that they have talked every fighter supplier ( https://yle.fi/uutiset/3-9298564 try to read it with translator Finnish-English)

Huttunen also said that Bittium has exellent potential to grow many times bigger company like now and also commented that the current product portfolio has excellent opportunities to grow our business multiple times

[Fullhouse1]

Antwort auf Beitrag Nr.: 60.087.864 von jaska2016 am 13.03.19 12:01:37

Thank you for the link

[jaska2016]

Antwort auf Beitrag Nr.: 60.138.012 von Fullhouse1 am 19.03.19 11:16:15

https://bittium.videosync.fi/2018-financial-statement-teleco…

Here is the webcast in english

[Fullhouse1]

Bittium received a purchase order from the Finnish Defence Forces for the porting of the ESSOR waveform to the Bittium Tough SDR™ tactical radios

The value of the purchase order is approximately EUR 1.1 million (excl. VAT) and the corresponding work will be delivered by the end of the year 2019. The purchase order also includes options for the years 2020-2021. The total value of the options is approximately EUR 2.5 million (excl. VAT). The purchase order does not affect Bittium's financial outlook for the year 2019 published in the Financial Statement Bulletin 2018 on February 21, 2019.

[jaska2016]

Antwort auf Beitrag Nr.: 60.288.390 von Fullhouse1 am 05.04.19 14:48:12

Back in Automotive biz ?

https://www.bittium.com/rd-services/automotive

https://jobs.bittium.com/index.php?id=3244&job_id=379

" Etsimme nyt useampia C++-taitoisia ohjelmisto-osaajia Automotive-projektiin Tampereen toimistollemme. "

"We are looking for more C ++ - skilled software experts for the Automotive project at our Tampere office. "

[Fullhouse1]

I think back in automotive with commonication and security solutions:

Bittium Exhibits Its Engineering Services for Embedded Systems at Bosch Connected World in Berlin

Oulu, Finland, May 14, 2019 – Bittium exhibits its engineering services and technology expertise for embedded systems at Bosch Connected World, on May 15-16, 2019 in Berlin, Germany. Bittium’s extensive experience in advanced connectivity solutions, embedded devices and their software platforms, and information security enable the development of next generation’s products and solutions for demanding environments. Bittium offers its services for all stages of product development; from technology consulting and concept strategy to turnkey product and service development.

”Bittium has a very strong background in developing devices and systems for highly demanding environments in compliance with quality management systems, and we believe that we are an excellent product development partner also for the automotive industry suppliers”, says Jari Inget, Director of IoT Solutions at Bittium. “We have long experience in solutions for critical application areas, where the flawless functioning of devices is very important. Our goal is to help the automotive suppliers to create reliable, state-of-the-art automotive systems. We have comprehensive Android and Linux expertise thanks to Bittium’s own Android-based devices and numerous customer projects, and we see a clear need for this kind of expertise in the development of new intelligent cars.”

At the event we will showcase e.g. Android Automotive and Qt infotainment system demo. This demo and our other services will be available at stand S15. More information about our R&D Services is available on our website at: https://www.bittium.com/rd-services and https://www.bittium.com/rd-services/automotive

[jaska2016]

Antwort auf Beitrag Nr.: 60.563.763 von Fullhouse1 am 14.05.19 13:17:25

https://toughmobile2.bittium.com/

Mee Tough Mobile 2 launched !

[jaska2016]

Antwort auf Beitrag Nr.: 60.563.763 von Fullhouse1 am 14.05.19 13:17:25

https://bittium.videosync.fi/2019-q2-results

https://www.bittium.com/index.php?id=1840&locate=PRM%2F2019%…

" Summary January-June 2019

The net sales increased by 16.8 percent year-on-year to EUR 33.1 million (EUR 28.3 million).

The share of the product-based net sales was EUR 18.6 million, representing 56.1 percent of the net sales (EUR 11.8 million) and the share of the services-based net sales was EUR 14.5 million, representing 43.9 percent of the net sales (EUR 16.5 million).

EBITDA was EUR 4.7 million (EUR 1.3 million). The adoption of IFRS 16 standard increased EBITDA by EUR 0.3 million.

Operating profit was EUR 1.7 million (operating loss of EUR -0.8 million).

Cash flow from operating activities was EUR -1.2 million (EUR -10.5 million).

Net cash flow was EUR 2.6 million (EUR -32.4 million). Net cash flow included a withdrawal of a EUR 20.0 million bank loan.

Result for the period was EUR 1.5 million and earnings per share were EUR 0.042 (result for the period EUR -0.8 million from continuing operations and earnings per share EUR -0.022).
"

[jaska2016]

https://aws1.discourse-cdn.com/inderes/original/2X/6/6876da9…

Here is Bittium Biosignals ( Medical) Financial Statements 2019.

Revenue 2019 19,41 Milj €
Revenue 2018 7,01 Milj€

EBIT 2019 7,1 Milj€
Ebit 2018 0,46 Milj€