NovaCast subsidiary SwePart Verktyg wins major order for 8 trimming dies from a large system supplier in Germany. Seventh order and fourth new customer this year. Order intake in excess of SwePart Verktyg has received an order for completion of 8 large trimming dies for stamping of door inner to a leading European automobile manufacturer. Our customer is a large system supplier in Germany and the order is valued at close to 5 MSEK. This order was negotiated by Camito's new sales and marketing organization, which has been the NovaCast group's joint marketing resource within the automotive industry since October 2008. NovaCast has not cut back on sales and marketing resources despite the difficult market situation and this order is a further result of its genuine, long-term presence on the market. The contract includes machining and completion of entire dies. The order confirms our strategic focus on offering solutions from castings to complete dies. This deal further strengthens our position as partner to world-leading system suppliers within the automotive industry. Delivery will take place during the summer. 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.
NovaCast subsidiary SwePart Verktyg wins major order for 8 trimming dies from a large system supplier in Germany. Seventh order and fourth new customer this year. Order intake in excess of
| Source: NovaCast Technologies AB