Bjurab Sweden AB changes name to Draper Europe AB.

As from 2010-01-21 Bjurab Sweden AB (org. no. 556630-2807) will change name to Draper Europe AB. We find the name change a natural development since Bjurab Sweden AB has been a subsidiary company to Draper Inc., USA, since 2002. Draper Inc. is one of the largest manufactures of AV accessories.

Since Draper Inc.’s acquisition our company has continued to work and produce first and foremost projection screens within the brand Euroscreen®. The products are developed and manufactured at our industrial unit in Halmstad, Sweden. In the most recent years the Euroscreen® product range has broadened extensively and today also includes control system, projector lifts and AV furniture.

With this name change we would like to establish our close relationship to the Draper group, and at the same time emphasize a change in our company strategy. We are today working closer than ever with the Draper Inc.’s sales department and as from 2009 we are the exclusive distributor of Draper® products in Scandinavia. The companies are also in a close work relationship in other departments such as purchase and product development which benefits not only us, but also our customers and suppliers. Important to stress is that products sold by the brand Euroscreen® will continue to be manufactured in Sweden to fit the European market, if not otherwise stated in our documentation.

Our continuous work to develop our organization to meet our customers’ demands for service and product quality will continue, as well as our aim to work closely with our customers and suppliers to gain mutual advantages.

Sincerely,

Göran Peterson, Managing Director.