Munters exceeds Intel's supplier expectations -- Award announced in Wall Street Journal


STOCKHOLM, Sweden, March 29, 2004 (PRIMEZONE) -- Intel announced Munters as recipient of their 2003 Preferred Quality Supplier Award in Wall Street Journal on March 23.

Munters was a recipient of Intel Corporation's Preferred Quality Supplier (PQS) award for outstanding performance in providing products and services deemed essential to Intel's success. Munters was awarded for its efforts in supplying Intel with abatement equipment (air emission control equipment). Munters and 28 additional PQS award winners was honored at a celebration in Burlingame, Calif., on March 23.

"Munters is proud to receive this honored award from Intel," said Derrick Drohan, Munters Zeol Division. The PQS award signifies that we meet Intel's expectations. The results of our collaborative efforts have improved our safety awareness, customer relationships and product delivery of the pollution control equipment and systems that we supply to Intel as well as the low- energy make-up air and humidity control equipment that Munters supplies to all of our customers."

"We are pleased to present Munters with Intel's SCQI Preferred Quality Supplier Award," said Alex P. Heard, Intel manager, World Wide Environmental & Eastern America's EHS. "Their products continue to be a critical and extremely reliable component to our manufacturing operations worldwide. They have a clear commitment to high standards of quality, technology and customer orientation, and have seen the results that come from applying a structured and focused continuous improvement approach to all aspects of their business."

The PQS awards are part of Intel's Supplier Continuous Quality Improvement (SCQI) process that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, delivery, technology and responsiveness goals. Suppliers must also manage and deliver on a challenging improvement plan and a quality systems assessment. Additional information about the SCQI program is available at http://supplier.intel.com/quality/.

Intel PQS recognized the winners on March 23 with an advertisement in the U.S., Europe and Asian editions of The Wall Street Journal.

About Intel

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

About Munters

Munters is the world leader in humidity control with products and services for water and fire damage restoration, dehumidification, humidification and air cooling. Customers are found in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics- industries. Manufacturing and sales are carried out via the Group's own companies in more than 25 countries in Europe, Americas, and Asia. The Group has 3,070 employees and net sales of SEK 4,308 million. Munters is listed on Stockholmsborsen, the Stockholm Stock Exchange. For more information see www.munters.com

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Lennart Evrell, CEO
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 Bernt Ingman, CFO
 Tel: +46 8 626 63 06       Mob: +46 70 672 74 54

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