NovaCast receives order for stamping dies from Saab Automobile - first order from Saab is worth about 5 MSEK

NovaCast receives order for stamping dies from Saab Automobile - first
order from Saab is worth about 5 MSEK

NovaCast subsidiary Camito AB has received an order for stamping dies
from Saab Automobile AB. The order includes several elements of Camito's
total offering such as engineering, casting and completion. This
involves production for NovaCast's two subsidiaries Camito Technology
Center and SwePart Verktyg. The delivery of the finished dies, that are
to be used in the manufacturing of body components to the new Saab 9-5,
is expected to take place in spring 2011.

"The order is especially pleasant because it's from one of the Swedish
automotive groups. We, and apparently even Saab, sees clear advantages
with a supplier in the neighbourhood, which also favours the Swedish
subcontractor cluster at large", says Rolf Mastenstrand, CEO of Camito
AB and COO of NovaCast Technologies.
Saab 9-5 is a car model in the premium segment and is launched this
summer. Saab Automobile AB was established as an independent company on
1 January 1990, as a result of cooperation between Saab-Scania AB and
General Motors, presented 15 December 1989. Wholly owned subsidiary of
General Motors from 2000 until 23 February this year when Spyker Cars NV
acquired the company.

For further information from NovaCast contact Hans Svensson, CEO
NovaCast Technologies AB, +46 (0)705 652 250.