Axis signs strategic video OEM agreement with YAAN in China

Axis Communications has signed a strategically important OEM-agreement with leading Chinese CCTV manufacturer YAAN Tech. Electronics Co, for the development and delivery of network video server boards. The agreement means a significant boost to Axis' market reach on the Chinese video surveillance market. The initial order value is over 100,000 Euros.

YAAN is a key company on China's fast growing video surveillance industry. With own sales offices in more than ten provinces, YAAN has an impressive market reach and today the company has a market share of about 15% of the total Chinese market. YAAN's growth is based on their analog high quality speed dome cameras. This agreement gives YAAN the ability to address the growing demand for networked video solutions.

"We are confident that IP-based digital solutions are the future of the video surveillance industry", says Mr. Chen, General Manager, YAAN. "Partnering with Axis gives us the ability to offer our customers state-of-the-art solutions based on proven network connectivity technology".

The products will be brought to the market first as stand-alone units to connect existing cameras to a network, then as a next step as an integrated part of the company's own camera solutions.

Read more about YAAN on: www.chinayaan.com

For further information, please contact:
Anne Rhenman, Director Investor Relations and Corporate Communications, Axis Communications
Phone: + 46 708 90 18 29, E-mail: anne.rhenman@axis.com

About Axis
Axis increases the value of network solutions. The company is an innovative market leader in network video and print servers. Axis' products and solutions are focused on applications such as security, surveillance, remote monitoring and document management. The products are based on in-house developed chip technology, which is also sold to third parties.

Axis was founded in 1984 and is listed on the Stockholmsbörsen (XSSE: AXIS). Axis operates globally with offices in 14 countries and in cooperation with distributors, system integrators and OEM partners in 70 countries. Markets outside Sweden account for more than 95% of sales. Information about Axis can be found at www.axis.com.

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