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Kongsberg Automotive Holding ASA (OSL:KOA) Kongsberg, 16 September 2008
Kongsberg Automotive Interior business group has been awarded a contract for Seat Massage Systems. The customer is one of the world's premier manufacturers of luxury and sports cars.
The new contract is based on the Body FitTM Modular Seating System, which is a KA patented design to provide the most comfortable and relaxing ride for drivers.
The order value is estimated to be MNOK 50 / €6M, and production will be in Kongsberg Automotive facility in Burton, UK. Initial deliveries are expected to start in 2011.
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Kongsberg Automotive is headquartered in Kongsberg, Norway and has more than 50 facilities in 20 countries on all continents. Kongsberg Automotive, with revenues of about EUR1 billion and over 11,000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.
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For further information, please contact:
Jon Schofield Vice President - Global Sales & Marketing Ph: +1 936 856 8750 Email: jon.schofield@ka-group.com
