PartnerTech receives order to produce Opcon Powerboxes

Contract manufacturer PartnerTech and energy and environmental technology group Opcon have signed an agreement for new product introduction and production of Opcon Powerboxes. Running initially for three years, the aim of the agreement is to enable annual production capacity of 300 units within 18-24 months.

"With its industrial skills, global supply chain and unquestioned production expertise, PartnerTech is a good fit for us in our current industrialisation phase," says Opcon President and CEO Rolf Hasselström. “This collaboration provides vital support in adapting our processes to shorter delivery times and greater cost-effectiveness, not to mention the flexibility to ramp up to large-scale production. Given the global potential of Opcon Powerbox technology, we need these types of industrial but responsive structures."

Adaptation of production has already begun and initial deliveries are scheduled for the second half of 2010. PartnerTech will be the Opcon Energy Systems business area's primary contract manufacturer.

"We are very proud of the confidence that Opcon has shown in us," says Rune Glavare, President and CEO of PartnerTech. “It is an acknowledgement that our CleanTech market area has put together a strong offering and the skills needed to manufacture large environmental technology systems. Our industrial structure, global supply chain and refined manufacturing expertise guarantee that our customers have efficient, cost-effective and flexible production."

For additional information, please call:
Rune Glavare, President and CEO, PartnerTech AB, +46 (0) 706 20 24 54
Niklas Johansson, Vice President, Investor Relations, Opcon AB, +46 8-466 45 00, +46 70-592 54 53

Opcon
Opcon is an energy and environmental technology group that develops, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy. With approximately 375 employees, the company (www.opcon.se) operates in Sweden, China, Germany, the UK and Denmark and is listed on the NASDAQ OMX Nordic Exchange Stockholm. The group consists of three business areas. Renewable Energy is involved in the production of electricity from waste heat, bioenergy, natural gas handling systems, industrial cooling, heat recycling, biomass drying, flue gas treatment, bioenergy handling systems, air management systems for fuel cells, and measurement and monitoring of processes. Engine Efficiency is devoted primarily to ignition systems for combustion engines, including ethanol, natural gas and biogas engines. Mobility Products develops technologies for positioning, motion and regulation of electric vehicles and wheelchairs.

PartnerTech
PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense and Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech and Point of Sale Applications. With some 1,500 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, the company reports annual sales of approximately SEK 2.5 billion. PartnerTech AB (www.partnertech.com), the parent company, is headquartered in Vellinge, Sweden and listed on the NASDAQ OMX Nordic Exchange Stockholm.

The above disclosures have been sent to the Swedish Financial Supervisory Authority (Finansinspektionen).