Rejlers associated Nettkonsult becomes Rejlers Consulting

(REJL B)
Rejlers associated Nettkonsult changes name to Rejlers Consulting AS and thus clarifies Rejlers' presence on the Norwegian market. The Company's subsidiaries with business in the Electrical Safety field will be named Rejlers Elsikkerhet AS. Rejlers currently owns 49 percent of the shares of Rejlers Consulting and will acquire the remaining 51 percent by the first half of 2014.

Rejlers Consulting has a leading position in respect of consultancy services to the electricity market in Norway.  The company has approximately 100 employees and had a turnover of NOK 100 million in 2010. The company's core business is advising customers in power distribution, energy and electrical safety. Rejlers Consulting is headquartered in Kristiansand and has eight additional offices in Norway.  In the autumn 2011the company acquired Oslo Elprosjektering which primarily offers services in electrical engineering to customers in the construction and property area.


For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Kjell Myrann, VD Rejlers Consulting, +47 95 24 11 94
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com


Rejlers is a Nordic expertise group within electro-technology, energy, mechanics, automation, electronics, IT and telecommunications. Rejlers' shares are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.30 on 30 January 2012.