OREANDA-NEWS. November 28, 2011. JSC SITRONICS (LSE:SITR), a leading supplier of solutions in the field of telecommunications, information technologies and microelectronics in Russia and CIS informs that the annual report of SITRONICS for 2010 became a winner in two nominations of the annual reports contest.

The awarding ceremony took place on November 17, 2011 to acknowledge the winners of the XIV Annual Federal annual reports and corporate websites contest, the organizers were the “Securities market” magazine and the website Investor.ru with participation of the Federal Financial Markets service. The annual report of SITRONICS was acknowledged as the best in telecommunication industry.

In framework of the annual working meeting between MICEX and RTS and the issuers and managing companies on November 18, 2011 the awarding ceremony took place to acknowledge the winners of the XIV Annual contest of annual reports organized by the stock exchanges. The annual report of SITRONICS became a winner in the nomination “Best annual report in English”. Mr. Alex Manage, Head of corporate services promotion department in the countries with developing economy from international media corporation Thomson Reuters that founded the nomination, awarded the representative of SITRONICS.

“The contests organized by RTS, MICEX and “Securities market” magazine are very important for the business community, since they aid to improve the data presentation to the target audience and to improve the corporate governance process. As for us, it is extremely important that the result of our work was noticed by the best Russian and international experts in this field. We are open to the investment community and strive to follow the best praxis in information disclosure preparing the annual reports”, – commented Mrs. Irina Lanina, the Vice-President of SITRONICS on corporate communications.