HMS has signed a contract to deliver Anybus® Ethernet /IP technology used in safety controller with a world leading German safety technology manufacturer.
The HMS Anybus Ethernet/IP hardware is used in safety controllers in order to exchange data between the controller network and the safety application. The total volume of this contract is more than 0.5 Mio € with shipment for the coming 18 month.
"Safety technology and industrial Ethernet grows more and more together in our European market. We are well positioned with our Anybus communication technology and safety network technology offer for the expanding market for industrial applications. Especially here in Germany we see a good growth for safety networks and high demands from the device manufacturer to integrate safety networks in their devices" says Thilo Döring, Sales Director at HMS, Germany.
For more information please contact:
CFO HMS Networks AB Gunnar Högberg, telephone: +46-35 17 29 95 guh@hms.se (mailto:guh@hms.se)
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29 01 std@hms.se (mailto:std@hms.se)
This information is such that HMS Networks AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 17.45 CET on October 1, 2014.
HMS Networks AB (publ) is a world-leading supplier of communication technology for industrial automation. Sales amounted to SEK 501 million in 2013. Over 90% of these sales were to customers located outside Sweden. All development and the major portion of manufacturing are carried out at the head office in Halmstad and in Weingarten. Sales offices are located in Japan, China, Germany, Denmark, India, UK, USA, Italy and France. HMS has 370 employees and produces network interface cards and products to interconnect different networks under the trademark Anybus® and IXXAT® and products for Remote Management under the trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in the category Small Cap, Information Technology.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: HMS Networks AB via Globenewswire
