Riga,  10  September  - The leading Baltic telecoms equipment developer

and  producer  JSC  SAF  Tehnika  has  secured  an  agreement to supply

equipment to Columbia's biggest fixed network operator, ETB. 



The  agreement will give the Latvian producer SAF Tehnika a significant

increase  in  its  export volume this year. The anticipated transaction

amount is USD 2 million.



"This  agreement is significant because it is confirming the success of

SAF  entering  Latin  American  markets.  We are very happy because the

Latin  American region is one of our target markets, and we have future

plans  there  as  well", said Normunds Bergs, Chairman of the company's

board.



The  Bogotá-based  telecoms  company  ETB  is the biggest fixed network

operator  in Columbia, with 2 million private and corporate subscribers

in  25  of Columbia's cities, including Bogotá, Santa Marta, Cartajena,

Medelin  and Cali. In addition to telephone communications, the company

also provides Internet access and data transmission services.



For more information:

Ieva Muciņa

Head of Marketing Department, SAF Tehnika

Phone: 7046836

Mob.phone: 9477915

Fax: 7020009

e-mail:Ieva.Mucina@saftehnika.com



About JSC "SAF Tehnika":

SAF  Tehnika  is Baltic`s leading designer and manufacturer of telecoms

equipment,  which  exports  over  90% of its production to more than 30

countries.  Its  partners  include  telecoms  service  providers,  data

transmission service providers, and state and private enterprises. Over

a  five-year  period  the  company  has  built  up an impressive client

protfolio   including   Tele2,  Lattelekom,  Omnitel  (the  TeliaSonera

subsidiary in Lithuania), China Mobile, China Unicom, China Telecom and

other  mobile  and  fixed  telecoms  operators. According to un-audited

financial  results for this financial year which ended on 30 June 2004,

the  company's turnover was LVL 12,824,135 and profits for the reported

year  totaled LVL 3,915,598 in the 12 months of the 2003/2004 financial

year.