LEUVEN, Belgium, January 25 /PRNewswire-FirstCall/ -- Option N.V.
(Euronext: OPTI) (OPNVY), the wireless technology company, today announced
that pre-audited preliminary revenues for the fourth quarter of fiscal year
2007 will be in the range EUR 67-70 million, which includes certain
extraordinary adjustments, representing a minimum growth of 6% over Q4
2006. Full year revenue will be in the range of EUR 298-301 million,
representing a minimum growth of 7% versus full year 2006. EBIT for the
quarter will be below expectations as well.
The company has been thoroughly reviewing its accounts and working with
its auditors to finalize the quarterly and full year results that will be
published on February 28th, 2008.
About Option
Option, the wireless technology company, is a leading innovator in the
design, development and manufacture of 3G HSUPA, HSDPA, UMTS, EDGE, and
WLAN technology products for wireless connectivity solutions. Option has
built up an enviable reputation for creating exciting products that enhance
the performance and functionality of wireless communications. Option's
headquarters are in Belgium (Leuven). The company has Research &
Development in Belgium (Leuven), Germany (Dusseldorf and Adelsried), Sweden
(Stockholm), and an ISO 9001 production engineering and logistics facility
in Ireland (Cork). Option also has offices in Europe, US, Asia, Japan and
Australia. For more information please visit http://www.option.com.
SOURCE Option N V
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CONTACT: For more information please contact: JP Ziegler, CFO, Tel +32(0)16-317-411, E-mail: investor@option.com.
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