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STONESOFT RECEIVED ORDER FROM RUSSIA AT THE VALUE OF USD 1.9 MILLION
Stonesoft has received an order from a major Russian telecom operator at the value of USD 1.9 million. The order includes Stonesoft's StoneGate network security products and is related to renewing the network of the operator. The order is a one-time order. Stonesoft has not delivered its products to the customer before. The delivery will take place during this year.
"We are really pleased about this order and it further strengthens Stonesoft's position in Russia. The order manifests our success to invest in expertise of large and critical service offerings", said Ilkka Hiidenheimo, CEO of Stonesoft Corporation.
The order is strategically significant to the company and a very large one-time order in this category. Based on finance market turbulence, this order unlikely does not change the previous estimate given by the company regarding the net sales and operating results for the full year. The effect of the order will become visible during this year and its effects on the development of the company's net sales and operating result in the coming years in form of possible further orders cannot be estimated at this point.