COPENHAGEN, Denmark, June 4, 2002 (PRIMEZONE) -- As part of its expansion strategy, GN Netcom has signed an agreement to acquire its Australian competitor; the privately held company Claria Headsets Australia Pty. Ltd. as effective of today.
The acquisition further strengthens GN Netcom's position as a leading provider of hands-free solutions to the call centre and office markets in Australia. The agreement will double GN Netcom's market share in Australia to 20%.
Last year, Claria Headsets generated revenues of AUD 4.1 million (01/07/00-30/06/01). The Claria activities have shown significantly profitable growth throughout the past years; the acquisition, however, will not influence the 2002 forecast for GN Netcom.
Claria Headsets will become a part of GN Netcom and will continue its current operations under the Claria brand. The involved parties have agreed not to disclose the price of the acquisition.
About GN Netcom
GN Netcom is a world leader in hands-free communications technologies. By working in close partnership with customers, GN Netcom has become a leading provider of high-quality headsets, microphone arrays and related products and offers a state-of-the-art product line for both corded and wireless hands-free solutions. GN Netcom products are sold worldwide through specialty distributors, retailers, catalogers, supply houses and dealers, under the brand names GN Netcom, and Liberation. GN Netcom also provides OEM products to familiar brand name companies. www.gnnetcom.com