Waystream receives annual order from Norway

Our existing customer, a Norwegian communications operator, has placed an order for approximately SEK 20 million to secure its deliveries for the year through our long-time partner NetNordic Norway. The order consists of a large number of Waystream's flagship product, access switch ASR8048.

Press release February 17, 2022: The Norwegian communications operator has ordered a large number of Waystream's innovative Layer 3, ASR switches with a capacity of 10Gbit / s to cover their planned fiber building for the entire 2022.

“Our customer is clearly so satisfied with Waystream's products that neither we nor they see any obstacle to placing orders for a long time to come. Rather, it is a wise move to secure these times,” says Trond Eirik Lundesgaard, Sales Director Operations & Utilities.

” We are happy and proud that our existing Norwegian customer continues to expand their broadband network, according to plan, with our access switches through our partner NetNordic. It is proof that our products continue to meet their high demands on speed, availability, and response times. The fact that they placed their entire planned annual order already in February is a result of the current global component shortage. Customers need to have more foresight than before to secure their deliveries.” says Fredrik Lundberg, CEO of Waystream.

About Waystream access switch ASR8048

The product ASR8048 is a leading accesswitch for city networks. It supports advanced services for service delivery and traffic separation and is suitable for all city networks and operators. With 28 or 52 connections in each switch, depending on the model, it supports up to 10Gbit /s and includes telemetry and advanced service diagnostics. Future proff is one of the key features in the ASR8000 model series. As the speed of Internet services increases and more and more functions end up in the cloud, higher transfer speeds are required for both individuals and companies.

For more information please contact:

Fredrik Lundberg, CEO
Phone +46 (0) +46 72 5092776. E-mail fredrik.lundberg@waystream.com

Susan Rose, Press contact
Phone +46 (0) 73 300 3010. E-mail susan.rose@waystream.com

About Waystream

Waystream is a Swedish company that develops and sells advanced digital infrastructure, such as switches and routers, adapted for the FTTx market. With our products and our expertise, it is possible for telecom operators and service providers to offer fast and reliable services to the user. Read more at www.waystream.com

The company's share is listed on Nasdaq First North under the name WAYS. Waystreams Certified Adviser is FNCA Sweden AB. info@fnca.se, +46 (0) 8-528 00 399

This information is information that Waystream Holding AB is required to disclose under the EU Market Abuse Regulation. The information was released for publication through the agency of the above contacts at 10:00 CET on February 17, 2022.