The minimum contract value is NOK 16.8 million, but could rise to NOK 18.3 million depending on device configuration.   This order represents our single largest field device order received to date. 

Deliveries will take place over 36 months.  The majority of this order is for the upgrade / replacement market within the UKCS.

For further information please contact:

Rune Martini, CEO, Simtronics ASA
Phone +47 48 07 80 80

Dr. Eliot Sizeland, Sales Director , Simtronics ASA
Phone +44 7930 899474

Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.