HITT : New orders for HITT in a challenging market

Apeldoorn, 8 November 2012 - HITT has been awarded several new contracts in the Dutch maritime sector, the Hong Kong maritime sector and in the aviation sector in Finland. The total value of the new orders is EUR 3.2 million.

One of the new orders includes a specially designed radar antenna to be installed on a tower with a height of 110 meters. For this, the Dutch radar manufacturer CHL has specially developed a large antenna. The radar system will be used primarily to support traffic guidance of the Northern route of the Scheldt river. The height of the mast as well as the advanced radar with antenna are required to obtain a good radar image at this distance. Completion is scheduled for 2015.

The other new orders in the Netherlands include a traffic guidance simulator for the Port of Rotterdam, for which HITT is working together with the Maritime Research Institute Netherlands MARIN. HITT is also providing the interface processor for the integration of six traffic centres along various waterways in the Netherlands (Dutch Inland AIS Monitoring Infrastructure- DIAMONIS).

In Hong Kong, the existing Ningbo Xiangshan Port vessel traffic management system will be expanded with two radars, a communication system and a local VTS centre next year summer.

For Helsinki-Vantaa airport, the existing radar system will be modernized and integrated in the traffic guidance system delivered by HITT a few years ago.

About HITT
HITT is a leading player in the worldwide markets for traffic management and navigation systems. The company develops technology aimed at safety enhancement and traffic flow improvement, whilst also enabling significant cost reductions in infrastructure and logistics. The core activities of HITT consist of developing, selling and maintenance of management & control systems and services for air and vessel traffic and hydro-graphic and navigation systems.
In 2011 HITT achieved a revenue of EUR 40.7 million and a net profit of EUR 3.4 million. The number of staff at year-end 2011 was 188. HITT has been listed on Euronext Amsterdam NV since June 1998. Recently, Saab AB obtained almost 99% of the shares of HITT NV.

For information: Sjoerd Jansen (CEO); t. [phone] e: [e-mail]