In the financial year 2007/8, SAF Tehnika plans to keep on developing new products and improving the existing product range in accordance with the latest market tendencies. Previous investments in market development should bring more stable business in all regions decreasing influence of large projects on revenues. Mostly all countries in Europe are covered by active partner network. Largest growth is expected in Africa. Projects in Asia and particularly in India were delayed, but they have been already restarted in July and a large order from Cambodia is expected during first half of the financial year 2007/8. Expectations in the Middle East are conservative and the growth could be achieved only by accessing new customers in such countries as Egypt, Saudi Arabia or Bangladesh. Existing situation in CIS is very promising and further business growth is expected generally in Russia and the countries of Central Asia. SAF Tehnika forecasts at least 10% turnover growth in next financial year 2007/8.

For aditional information:
Aleksis Orlovs
SAF Tehnika AS
Board member
Phone: +371 67046840
Mob. phone: +371 29287289
Fax: +371 67046809
e-mail: Aleksis.Orlovs@saftehnika.com