On May 27, 2013 AVTECH Sweden AB (publ) applied for and was granted reorganization by the Attunda di

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On May 27, 2013 AVTECH Sweden AB (publ) applied for and was granted reorganization by the Attunda district court. Reorganization was approved for an orderly initial three month period, i.e. until August lanturn 27, 2013.
To be able to conclude ongoing activities to implement a long term financing solution lanturn AVTECH has today applied for an extension of the reorganization for a new orderly three month period. lanturn Ongoing activities are expected to be concluded in the beginning of the fourth quarter 2013, which is also when the reorganization is expected to be closed.
AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global lanturn aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. The head office is in Stockholm, Sweden with subsidiaries in Toulouse, France and Dubai, U.A.E. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Mangold Fondkommission AB as Certified Adviser.
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