MJP Waterjets, the fastest growing global supplier of waterjets, today
celebrates the Grand Opening of a new sales office in Singapore. The Singapore
office will strengthen the presence in the rapidly growing Asian and Middle
East markets, in which MJP Waterjets recently has reported strong orders.
In November 2010, MJP Waterjets won two orders worth Euro 1 million for the
delivery of waterjets to customers in the Asian and Middle East markets. In
September 2010, MJP Waterjets won one of the largest contracts ever in the
market for waterjets, worth Euro 12 million. MJP Waterjets will supply
waterjets for 36 high-speed interceptor boats for the Indian coast guard.
Deliveries of waterjets will take place during 2010-2013. The order is an
important reference for MJP Waterjets's continued sales in India, which is
expected to become the world's largest market for waterjets during forthcoming
years.
MJP Waterjets is the fastest growing global supplier of waterjets. MJP
Waterjets develops, markets and delivers tailor-made, high performance and
heavy-duty waterjet propulsion systems. MJP Waterjets offers technology-leading
waterjets, that generate more thrust from installed power, leading to higher
ship speed, lower fuel consumption as well as lower life cycle cost. MJP
Waterjets delivers waterjets for governmental applications such as coast guard
vessels, patrol boats, landing crafts and customs boats, as well as
applications for work boats, luxury yachts and fast ferries. In total,
governments in 22 countries have chosen MJP Waterjets for their governmental
applications. MJP Waterjets was founded in 1986 and has today over 700
waterjets in service around the world.
MJP Waterjets, in Österbybruk, is part of the Swedish industrial group Österby
Marine, including Österby Gjuteri and Alcopropeller. Österby Marine is owned by
Capilon, a private equity company listed on NASDAQ OMX First North. For more
information about MJP Waterjets, please visit: www.mjp.se
For more information
Alex Molvin, CEO, Capilon, E-mail: alex.molvin@capilon.se, Tel: +46 (0)708-25
39 90
Hans Andersson, CEO, MJP Waterjets, E-mail: hans.andersson@mjp.se, Tel: +46
(0)702-14 02 95
Capilon AB (publ)
Address: Järnvägsgatan 23
252 24 Helsingborg, Sweden
Tel: +46 (0)42 24 01 12
Fax: +46 (0)42 24 16 01
E-mail: info@capilon.se
www.capilon.se
