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Elcoteq's Bangalore Factory Receives an ELCINA - EFY BUSINESS EXCELLENCE AWARD

(PresseBox) (ESPOO, Finland., ) Elcoteq SE's Bangalore factory has received second prize in the prestigious ELCINA - EFY BUSINESS EXCELLENCE AWARDS for 2010. The competition is initiated and organized by ELCINA (Electronics Industries Association of India) and EFY (Electronics for You) to encourage and boost the innovation culture in the electronics industry in India.

"Excellence through six sigma and other improvement initiatives, benchmarking, identification and reviews of key performance indicators are Elcoteq's approach to success. This is a very good achievement in the industry at the country level. It is a result of hard work and dedication demonstrated by all Elcoteq Bangalore employees. This is also a good sign for our current and potential customers," said Mr. Sukhvinder Kumar, General Manager of Elcoteq Bangalore.

Elcoteq Bangalore applied for the Business Excellence category in the competition for the years 2009-2010, where the criterion is built on the EFQM model.

The short-listed companies were audited by a team of experts, and the evaluation was carried out by the following criteria:

Seven Enablers:

- Business Leadership
- People Management
- Performance Management
- Knowledge Management
- Relationship Management
- Technology Management (R&D, technological innovation)
- Threat / Risk Management

Four Results:

- Customer results
- People results
- Society results
- Key performance results

The winner was selected by reviewing the applications and by auditing for verification of the above mentioned criteria.

Mr. Sukhvinder Kumar and Mr. Devang Khamar from Elcoteq Bangalore received the award from Mr. R. Chandrasekhar, Secretary Ministry of Communications and Information Technology at a ceremony in New Delhi, India on 24th September 2010.

About ELCINA

ELCINA (Electronic Industries Association of India) was established in 1967 and is India's oldest and largest electronics association. It serves as an interactive forum for electronics and IT manufacturers. Electronics for You (EFY Group) has entered into a partnership with ELCINA Electronic Industries Association of India to promote the country's oldest and most valued awards for the electronics industry. From 2010 onwards, the ELCINA Awards will, therefore, be named the ELCINA-EFY Awards. EFY Group is an organization for technical publications, databases and training for skills development in electronics.

Elcoteq Network S.A.

Elcoteq SE is the global Life Cycle Service Partner for high-tech product and service companies.

Engineering, Manufacturing, Fulfillment and After Market Services are the cornerstones of Elcoteq's extensive service offering. Elcoteq has a proven track record in electronics manufacturing services (EMS) and a global factory network coupled with modern manufacturing equipment and consistent systems and processes.

Products include Consumer Electronics devices such as mobile phones and their accessories, set-top boxes, LED lamps and luminaires, flat panel TVs as well as System Solutions products such as infrastructure systems, modules, and other industrial segment products.

The Group's consolidated net sales for 2009 totaled 1.5 billion Euros and it employs approximately 10,000 people. Elcoteq SE is listed on the Nasdaq OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com and find news about Elcoteq and the EMS market from the Elcoteq Blog at www.elcoteq-blog.com.