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Fri, April 30, 2010

UFIS-AS Sells Baggage Handling Subsidiary to Focus on Core Business

UFIS Airport Solutions AS (UFIS-AS), a leading provider of airport management systems, announced today that it has sold its subsidiary Airport Innovation AS to DSG Systems AS in an asset sale.

Airport Innovation AS is a provider of high-level control software for airport baggage handling systems.

“The sale of our baggage handling business will allow UFIS-AS to focus on our core mission to become the clear industry leader in the airport management systems sector,” says Anders Sagadin, President and CEO of UFIS-AS.

The terms of the agreement are confidential.

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