Funkwerk AG / Contract / Funkwerk wins further major contract
  
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Funkwerk AG (ISIN: DE0005753149) has just been commissioned to
provide the biggest Algerian oil and gas company with a turnkey
security system for property protection. The relevant contract was
signed today in Algier, generating a total of around 30 mill. Euro.
The project involves the provision of equipment for intrusion
protection, access control and management, and video monitoring. The
contract specifies Funkwerk as the general contractor responsible for
the planning, supply, installation and commissioning  of the overall
system. The work is due to start as early as in the fourth quarter of
2008, with the lion's share of it affecting sales and net income in
2009.

This latest large-scale project is already the third undertaking of
Funkwerk for the oil and gas industry in Algeria since 2006. In terms
of oil and gas supply, the market opportunities are said to be
excellent for Funkwerk as the company has many years of experience in
similar projects and is proficient in the special technology required
for explosion protected and dust proof systems. The project provides
Funkwerk with a significant competitive edge and puts the company in
a good position to win further contracts in major international
tenders for security systems for property protection in the medium
term.

For further information contact:
Funkwerk AG
Im Funkwerk 5
99625 Kölleda/Thuringia
Germany
Jörg Reichenbach
Investor Relations
Telephone: 0 36 35/6 00 -3 46
Fax: 0 36 35/6 00 -507
reichenbach@funkwerk.com


 
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Funkwerk AG
Im Funkwerk 5 Kölleda Germany

WKN: 575314; ISIN: 
DE0005753149; Index: HDAX, MIDCAP, CDAX, Prime All Share, TECH All 
Share;
Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime 
Standard in Frankfurter Wertpapierbörse, 
Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, 

Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, 

Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr 
in Niedersächsische Börse zu Hannover;
http://hugin.info/132370/R/1238548/265042.pdf


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