Teligent AB On 22 July, the Board of Directors resolved to sell Trio Enterprise. The transaction entails that interest-bearing liabilities will decrease by MSEK 66.9.

During the first six-month period, sales in Trio Enterprise amounted to MSEK 48.9, which corresponds to an increase of 11.9 percent, compared with the previous year. During the same period, the company reported operating profit/loss amounting to MSEK 4.7.

Trio Enterprise has more than 20 years of experience of developing and delivering technically independent software and systems for business telephony. With the aid of Trio's products, companies and organisations can provide their customers with professional treatment, regardless of whether the contact takes place through the company switch board or customer service. The company works with integrated telephony and advanced call and message handling, as well as solutions for customer service systems, services which are all delivered within the same platform.

Trio Enterprise's customers are companies and organisations handling a large amount of customer contact. In total, approximately 1,500 systems have been installed within the Nordic countries.

"This is a good opportunity for Teligent to decrease its debt burden, while at the same time creating good opportunities for Trio Enterprise to continue to grow", states Jan Rynning, Chairman of the Board.

For further information, please contact:

Jan Rynning Chairman of the Board Teligent AB Tel. +46 8 520 660 00

About Teligent Teligent (TGNT, OMX Nordiska Börs) is a global distributor of value-added services for telecommunications carriers. The product offering includes, among other things, traditional and next generation messaging services and advanced IN-solutions, such as Mobile Office & IP Centrex, Mobile Prepaid och Mass Calling. These solutions are based upon the generic Teligent Application Sercer, which is a powerful tool for development and implementation of a wide range of services in various types of networks, completeling in line with 3GPP IP Multimedia Subsystems (IMS). The Company's solutions are used today by a number of leading operators, among others, BT, Deutsche Telekom, MTS, Maroc Telecom, SingTel, SMART, Telenor, TeliaSonera, Verizon and Vodafone. Please visit www.teligent.se for further information.



LINK: http://hugin.info/120151/R/1237914/264659.pdf

Teligent AB

http://www.teligent.se

ISIN: SE0000434342

Stock Identifier: XOME.TGNT

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