Transmode Selected To Represent Sweden In European Business Awards

In this fourth year, the European Business Awards has identified Transmode based on its ability to demonstrate the three core principles of innovation, business excellence and sustainability. Transmode will now go through as one of the Swedish companies to now compete for a coveted Ruban d’Honneur in the next round of the competition. Final category Award winners will be unveiled in Paris on 16th November.

July 11th, 2010

TRANSMODE SELECTED TO REPRESENT SWEDEN IN EUROPEAN BUSINESS AWARDS

Stockholm, Sweden, 12th July 2010, Transmode, a leading supplier of optical networking solutions, today announced it has been selected as a country representative for Sweden in the European Business Awards.

In this fourth year, the European Business Awards has identified Transmode based on its ability to demonstrate the three core principles of innovation, business excellence and sustainability. Transmode will now go through as one of the Swedish companies to now compete for a coveted Ruban d’Honneur in the next round of the competition. Final category Award winners will be unveiled in Paris on 16th November.

“Our team at Transmode is honored to be among the companies representing Sweden in the European Business Awards. I am delighted that the hard work and commitment from our staff is being recognised on such a prestigious platform and it’s very satisfying to be classified as one of the leading businesses in Sweden,” said Karl Thedéen, CEO Transmode.

The European Business Awards is dedicated to raising the visibility and progress of companies who excel in delivering innovation twinned with successful commercial results whilst acting responsibly and positively affecting the social environment they operate in. In 2009, the 99 Ruban d’Honneur recipients had a combined turnover greater than €570 billion and recorded an average annual profit growth of 56%.

Adrian Tripp, CEO of the European Business Awards says, “Over the past 4 years we’ve received an incredibly high standard of entries from organisations who are passionate about their business. However, very few get the chance to fly the flag for their country and compete across Europe to be recognised as one of the EU’s leading companies. It really is an exceptional accolade to be picked as a Country Representative, and together with HSBC we’re looking forward to seeing Sweden in the next round.”

For more information on the European Business Awards please visit:- www.businessawardseurope.com

About Transmode

Transmode is a leading provider of optical networking solutions for transport of data, voice and video traffic, based on CWDM and DWDM technology (Coarse/Dense Wavelength Division Multiplexing).

Transmode’s unique Intelligent WDM (iWDM(TM)) approach has lead to widespread deployment of over 10000 systems in a customer base consisting of more than 250 fixed and mobile network operators, service providers, large enterprises and public institutions across Europe, the Americas and Asia.

Transmode’s comprehensive product portfolio and strong global organization enable our customers to grow the capacity and to improve service level of their regional, metro and metro access networks, on a cost-efficient basis without compromising on functionality.

For additional information about Transmode, please visit www.transmode.com

For more information please contact:

Jon Baldry

Technical Marketing Manager

Transmode Systems AB

Telephone: +44 7766 146 440

Email: jon.baldry@transmode.com

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