Firefly's contract with SL

As previously announced, Firefly has signed a contract with Storstockholms Lokaltrafik AB (SL) to deliver an entirely new type of advanced fire detection system for the Stockholm subway network. The contract was signed in accordance with the Swedish law of public tender ("LOU"). No appeals have been admitted which is why the contract now has gained legal force.

The contract means that a pilot run of the first systems will be performed during the second and third quarter of the year 2007. A successful pilot run will result in further delivery during the fourth quarter of 2007, 2008 and the first quarter of 2009. The total order amount is 38,5 mkr. In addition, SL holds an option for additional systems worth 18 mkr, which will most likely be ordered during the first half of this year.

Translated from Swedish - for original press release, please visit www.firefly.se --> investor relations