Prevas starts a company in Finland, together, with an established Finnish partner. The new company will serve the industry with manufacturing-related IT solutions. Prevas plans to have about 15 employees in Finland during 2014. For some time now, Prevas has been already working with customers in Finland, such as Ruukki, Ovako, Outokumpu and Arla. With a local presence in Finland, together with a local partner, it will enable Prevas to further strengthen our relationships with existing customers and also expand the business and reach new customers. The office will be located in Helsinki. Prevas has been serving the Nordic market since 1985 with solutions for Industrial IT with a strong competence especially in Manufacturing Execution Systems (MES). MES are IT solutions that control the important production processes at a facility. The market within MES is growing rapidly as industries compete on a global market and strive for higher capacity, quality and margins. “We work in close collaboration with our customers to define each step of the way towards cost-effective and highly-productive production facilities. To start a new company in Finland, and offer solutions that can help the Finnish industry to get world class competitiveness, is a right strategic step to take for Prevas,” says Christer Ramebäck, Senior Vice President of Industrial Systems at Prevas AB. For more information and follow -up Christer Ramebäck, Senior Vice President Industrial Systems Prevas AB E-mail: christer.rameback@prevas.se, Cell: +46 70-227 3395 Karl-Gustav Ramström, CEO Prevas AB E-mail: karl-gustav.ramstrom@prevas.se, Cell: +46 70-349 20 90 About Prevas With cutting edge expertise in embedded systems and industrial IT, Prevas contributes by providing innovative solutions that create growth. Prevas was founded in 1985, and the company is the main supplier and development partner to leading companies in industries such as life science, telecommunications, vehicle, defense, energy and engineering. Offices are located in Sweden, Denmark, Norway and India. The company has approximately 600 employees. Prevas has been listed on the NASDAQ OMX Nordic Exchange in Stockholm since 1998. For more information, see www.prevas.com.