Simrad Optronics - New Contract

OSLO, Norway, Jan 14, 2008 - (Hugin via ABN Newswire) - Vinghøg AS, a subsidiary of Simrad Optronics ASA, has received new orders from the Kongsberg Group to supply modules for Kongsberg's Remote Weapon Station Protector. The contract value is approximately NOK 18 million and Vinghøg will deliver the equipment in March 08.

For further information, please contact:

Jon Asbjørn Bø, CEO, (+47) 930 86 932 E-mail: jab@simrad-optronics.no.

Copyright © Hugin ASA 2008. All rights reserved.

Simrad Optronics

http://www.simrad-optronics.com

ISIN: NO0005396200

Stock Identifier: OSE.SIT