Sivers IMA Holdings receives a further SEK20m framework order from an existing, US, Fortune 100 customer.


16 July 2019

Sivers IMA (Nasdaq First North: SIVE) today announced that its subsidiary, CST Global, has received a follow-up, SEK20 million framework order from an existing US Fortune 100 customer, extending its leadership in the optical communications market.

The framework orders, for the supply of semiconductor devices, follow on from a previous, completed framework order from the same customer in October 2018, for the supply of prototype, pre-commercial and commercial semiconductor devices in sampling and volume production volumes.

"The new framework order follows on from the successful completion of a previous framework order agreement with this customer. We have clearly met the customer’s pre-requisite performance specifications and quality standards.” said Anders Storm, CEO of Sivers IMA.

Today’s order will be delivered and billed during the second half of 2019.

For more information, please contact:

Anders Storm, CEO

Tel: +46 70 262 6390

e-mail: anders.storm@siversima.com

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