Thrane & Thrane A/S
Lars Thrane to Depart Cobham SATCOM at End of November 2012
Thrane & Thrane A/S 15.10.2012 14:48 --------------------------------------------------------------------------- LYNGBY, Denmark - Lars Thrane, the founder of Danish satellite communications company Thrane & Thrane A/S, has announced his decision to leave the business - now called Cobham SATCOM after its recent acquisition by Cobham plc and combination with Cobham's other satellite communications companies. The following statement is attributable to Mr. Walther Thygesen, the vice president of Cobham SATCOM: 'Lars has informed the Board that he will leave at the end of November. We respect his decision to leave the business, and we wish him all the very best for the future. We're very appreciative of the support he has given us throughout this initial, critical period of the integration process, which is progressing well. He has built a great company, which we intend to grow further under Cobham's ownership and the leadership of the Denmark-based management team.' About Cobham Cobham specializes in meeting the insatiable demand for data, connectivity and bandwidth in defence, security and commercial environments. Offering a technically diverse and innovative range of technologies and services, the Group protects lives and livelihoods, responding to customer needs with agility that differentiates it. The most important thing we build is trust. Employing 10,000 people on five continents, the Group has customers and partners in over 100 countries. About Cobham SATCOM Cobham SATCOM develops, manufactures, sells and supports satellite and radio communication terminals and earth stations for land, marine and airborne applications. With the ever increasing demand for communication, our products and services are used to satisfy the needs of a wide variety of commercial, governmental and recreational applications. Cobham SATCOM uses state-of-the-art technologies to design affordable, highly reliable high performance systems that have decreased over time in terms of size, weight and power consumption. Our products enable people to stay in touch under the most challenging and demanding conditions. When traditional communication technologies fail, Cobham SATCOM's products will keep providing our customers with high quality voice, data, and multimedia communications. Our product designs have evolved tremendously during their decades in service in use around the world in a variety of domains and environments. We market under the AVIATOR, EXPLORER(TM), SAILOR(R) and Sea Tel brands. Please refer to our websites for our list of global distributors and partners. Cobham SATCOM has design, development and manufacturing facilities in Denmark, Norway, South Africa, Sweden and the USA. - ends - Contacts: John Alexandersen Corporate Communications + 45 39 55 88 35 john.alexandersen@cobham.com News Source: NASDAQ OMX 15.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Thrane & Thrane A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010279215 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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