New contract for AKVA group

AKVA group has signed a contract with National Prawn Company in the Kingdom of Saudi Arabia for delivery of a pre-grow-out system for production of Yellowtail Kingfish, reports www.megafishnet.com with reference to AKVA Group.

The contract value is EUR 2.6 million (NOK 21 million) and is part of the Letter of Intent that was announced in March 2009. The contract will be delivered in the first half of 2011.

Bryne, 11 October 2010

AKVA group ASA Web: http://www.akvagroup.com/

CONTACTS: Morten Nærland, Chief Financial Officer / acting Chief Executive Officer

Phone: +47 51 77 85 00 Mobile: +47 91 80 40 32
E-mail: mnaerland@akvagroup.com 

AKVA group is the leading provider of technology to the global fish farming industry and the only with global distribution. The products consist of software systems, operational equipment and sensor systems, feed systems, cage systems, net cleaning systems, light systems and recirculation aquaculture systems.