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SwitchCore: 2.7 euro million- worth order from Huawei-3Com
The order is intended to cover Huawei-3Com Technologies` needs for 2004 and the initial part of 2005.
(Software)

The order is significant but is lower than SwitchCore's previous estimate of the company's business with Huawei-3Com for 2004. As a result, SwitchCore estimates that SwitchCore`s growth for 2004 will be on a par with the market as a whole, i.e. around 15-20% for the year.

"With the exception of Huawei-3Com, we have seen positive sales trends for other customers during the year and we believe that China will continue to be a very attractive market for us in the future," says Henric Isacsson, SwitchCore's CEO.

Lund-based SwitchCore has a long-term partnership with Huawei-3Com, one of China's leading suppliers of computer and telecom equipment.

SwitchCore AB develops, markets and sells integrated network devices for data and Internet communication. The core of SwitchCore`s expertise is in its CXE technology, which allows for significantly higher data and Internet switch capacity. Besides Lund, the Company also has offices in Stockholm, Sweden, San Jose and Boston, USA, and Singapore.

More information: Switchcore