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Enea Renews License Agreement Worth 3.2 MUSD With a Network Operator in North America

Enea AB
2019-01-03 07:17 1242

STOCKHOLM, Jan. 2, 2019 /PRNewswire/ -- Enea® (Nasdaq Stockholm: ENEA) Enea has renewed a license agreement covering software for mobile traffic management worth 3.2 MUSD with a network operator in North America. Revenues related to this agreement will be recognized during the first quarter 2019.

The agreement covers software for mobile traffic management, which is part of Enea's product portfolio since the acquisition of Openwave Mobility. Dramatic increase of mobile data traffic requires improved network capacity to ensure good end user experience. Eneas software for mobile traffic management ensures the most efficient use of existing network resources, and helps the operator to deliver the best possible customer experience at the lowest possible cost.

This information is information that Enea AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on January 2, 2019 at 10:15pm CET.

About Enea
Enea develops the software foundation for the connected society. We provide solutions for mobile traffic optimization, subscriber data management, network virtualization, traffic classification, embedded operating systems, and professional services. Solution vendors, systems integrators, and service providers use Enea to create new world-leading networking products and services. More than 3 billion people around the globe already rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm. For more information: www.enea.com  

Enea®, Enea OSE®, Netbricks®, Polyhedra®, Zealcore®, Enea® Element, Enea® Optima, Enea® LINX, Enea® Accelerator, Enea® dSPEED Platform and COSNOS® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Polyhedra® Lite, Enea® System Manager, Enea® ElementCenter NMS, Enea® On-device Management and Embedded for LeadersTM are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner.

© Enea AB 2019

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CONTACT:
For more information visit www.enea.com/investors or contact:
Anders Lidbeck, President & CEO
E-mail: anders.lidbeck@enea.com 

Julia Steffensen, Executive Assistant  
Phone: +46 70 971 03 33
E-mail: julia.steffensen@enea.com

SOURCE Enea AB

Source: Enea AB
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