*

Hitt og þetta 29. september 2006

Benefon announces delay to TWIG launch schedule

Nordic Business Report-September 29, 2006-Benefon announces delay to TWIG launch schedule
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish wireless and GPS technology company Benefon Oyj reported on Thursday (28 September) that it had revised the large scale launch date of its new TWIG Discovery GSM/GPS handset in Europe to October 2006.

The reason was said to be a delay in the mass production associated with Benefon's new product introduction, which resulted in an approximate three-week delay of manufacturing at its Chinese facility.

The launch of the handset in China and Russia is still planned for December 2006.

As a result of this delay Benefon is to revise its forecast guidance for the quarter and expects to publish updated projections by 3 October 2006.

In addition Benefon has agreed a new financing package with Octagon Solutions Ltd and Ashland Partners LP, comprising subscriptions in shares, convertible bond loan issues, options and debt instruments, for a maximum of EUR7.35m. The investors' financing commitment is valid for six months until 28 March 2007.

((Comments on this story may be sent to tww.feedback@m2.com))

25 ára afmælistilboð VB – 50% afsláttur af áskrift

Afmælistilboð VB

Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.

Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is