AVTECH’s application for an extended reorganization is approved

AVTECH Sweden AB (publ) announces that the company’s application for an extended reorganization was today approved by the Attunda District Court, Sweden, for a new three month period. The duration of the initial three month period was May 27 to August 27, 2013.

For more information, please contact

Christer Staaf, CEO, +46 (0) 8 544 104 80

Jonas Saric, CFO, +46 (0) 8 544 104 80
 

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. The head office is in Stockholm, Sweden with subsidiaries in Toulouse, France and Dubai, U.A.E. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Mangold Fondkommission AB as Certified Adviser.