PresseBox
Press release BoxID: 149105 (Option N.V.)
  • Option N.V.
  • Gaston Geenslaan 14
  • 3001 Leuven
  • http://www.option.com
  • Contact person
  • JP Ziegler
  • +32 (16) 317-411

Option indicates preliminary Q4 and full year 2007 results

(PresseBox) (Leuven, ) Option N.V. (Euronext: OPTI; OTC: 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.

Option N.V.

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) and Germany (Düsseldorf and Adelsried), 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 www.option.com.