NovaCast subsidiaries Camito and SwePart Verktyg receive order for two large progressive tools from Gnotec Mefa of Gnosjögruppen AB

NovaCast subsidiaries Camito and SwePart Verktyg receive order for two large
progressive tools from Gnotec Mefa of Gnosjögruppen AB

Camito and SwePart Verktyg have received an order for two large progressive
tools weighing a total of 35 tonnes from Gnotec Mefa. The order includes
construction, casting, as well as production and delivery of trimmed production
equipment. The end customer is one of the world's leading truck manufacturers. 
“It is very satisfying to have secured this deal in tough competition thanks to
mutual strength and our intelligent complete solutions”, says Rolf Mastenstrand,
CEO at Camito AB.


The order includes complete delivery of two progressive tools with a total
weight of 35 tonnes. Camito Technology Center will do the casting, machining and
completion of the entire tools will be done at SwePart Verktyg. Production and
delivery will take place during the summer and autumn of 2009.

Gnosjögruppen AB is an international group that has 700 employees in Sweden,
Slovakia, Germany and Hong Kong. The turnover is about 1 billion SEK (110 mio
EUR). The business consists of two divisions: 
The division Gnotec, mainly aiming at the European automotive and engineering
industry in certain niche markets. The Gnotec division is a qualified
subcontractor of sheet metal components for the automotive and other engineering
industry.
The division Childsafety that develops, manufactures and markets its own product
range of harness systems and accessories for child seats.

NovaCast Technologies, listed on the OMX Nordic Exchange (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   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.

For further information from NovaCast contact Hans Svensson, CEO NovaCast
Technologies AB, +46 705 652 250.
More information is also available on www.novacast.se.