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Friday 12 September 2014

COMPANY NEWS: BRIEF-CTT announces strategic marketing agreement with B/E Aerospace, Inc.

(Reuters) - CTT Systems AB
* CTT announces strategic marketing agreement with B/E Aerospace, Inc.. Extraordinary shareholders meeting directed share issue of approx. 30 million Swedish crowns

* Says B/E will own less than 10 pct of the shares of CTT

* Says to issue 1,138,005 common shares to B/E with an issue price of 26.63 crowns per share

* Says issue proceeds of 30 million crowns to be reinvested by CTT in R&D and manufacturing capacity and lean improvements

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