NEWS

Ascom striving for dynamic growth

Ascom is looking to grow, both organically as well as through acquisitions and enters a new period of company development. In order to successfully implement this strategy, the company is adopting a more direct management structure.

Ascom wants to accelerate growth in Wireless Solutions and Security Solutions, both organically and through acquisitions. With this move, Ascom is looking to promote faster and sustained expansion of its market positions in the attractive niche segments of Mission-Critical Communication, which currently are experiencing a number of interesting market trends as work place mobility or secure communication.

Ascom has concluded all key divestment projects . The company now wants to leverage the financial flexibility gained from the divestments in order to pursue acquisitions and organic growth. Management resources that were tied up in divestment projects are now freed up and enable the company to streamline its organization.  

As a result, the Security Solutions division will now be directly managed by the CEO, Rudolf Hadorn, as of 1 December 2006. In addition to his other duties, Alberto Romaneschi, CFO, will take on responsibility for the Payphones and Toll units and their planned disposals by the middle of 2007.

Bernd Kuhlin, until now General Manager of Security Solutions, will leave the Group at the end of November 2006. The Board of Directors and the Executive Board thank him for his valuable services and for his contribution to the results. They wish Bernd Kuhlin all the best for the future.

About Ascom
Ascom is an international solution provider with comprehensive technological know-how in Mission-Critical Communication. The company concentrates on the core areas of Wireless Solutions (high-value, customer-specific on-site communications solutions) and Security Solutions (applications for security, communication, automation and control systems for infrastructure operators, public security institutions and the army). With a wealth of experience in implementing complex projects for discerning customers, Ascom has established itself in important key markets.

Offerings range from analysis and consulting to system design and system integration, project management, engineering and implementation, right through to maintenance and support. The company has subsidiaries in 18 countries and a workforce of some 2,400 employees worldwide. Ascom registered shares (ASCN) are listed on the SWX Swiss Exchange in Zurich.

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