NovaCast signs cooperation agreement with Finnveden Metal Structures regarding Camito technology.

NovaCast signs cooperation agreement with Finnveden Metal Structures regarding
Camito technology. 

NovaCast Technologies' subsidiary Camito has signed a strategic cooperation
agreement with Finnveden Metal Structures AB. 

“This is a lead in our new marketing strategy. Finnveden Metal Structures is one
of our 10 high priority customer groups with whom we intend to have closer and
more long-term contacts. We hope to be able to present more cooperations of this
type during the year”, says Rolf Mastenstrand, CEO for Camito and COO within
NovaCast Technologies.

“At Finnveden we strive to always be in the frontline with new technologies that
can improve final results for our customers. With Camito we clearly see
possibilities for more efficient die manufacturing with among others shorter
lead times”, says Stig-Åke Bonde, Vice President Purchasing, at Finnveden Metal
Structures.


Finnveden Metal Structures produce sheet metal components in aluminium, steel or
stainless steel sheet to the automotive sector and general industry. Their
production processes, pressing, die casting and joining, are designed to offer
customers production efficiency, delivery precision and high quality. For
further information see www.finnveden.com/fms.
 

For further information from NovaCast contact Hans Svensson, CEO NovaCast
Technologies AB, +46 705 652 250.

 www.novacast.se							www.finnveden.se




NovaCast Technologies, listed on the NASDAQ OMX Stockholm Small Cap lista (NCAS
B), develops and markets enhanced castings for the production of car body parts,
as well as software for methoding, simulating and process control for more
efficient production processes to the global automotive industry and its
subcontractors. With the Camito technology enhanced castings are manufactured in
one solid piece for the production of dies for forming and stamping automotive
body components in a considerably shorter time than traditional dies. Through
die manufacturer SwePart the group has expertise within the whole value chain
for the production and sales of stamping dies.