PartnerTech opens new production unit in Poland


PartnerTech opens new production unit in Poland

PartnerTech will open a new production unit for enclosures and system
integration in Myslowice, Poland. The investment will provide the company
additional production capacity and competitiveness. The unit will require an
initial investment of approximately EUR 6 million. 

“The new plant will supply our units with enclosures and sheet metal components,
”says Rune Glavare, President and CEO of PartnerTech. “It will be a
state-of-the-art facility that combines a high level of automation and
flexibility. The unit will serve as a production hub for the group. It is
scheduled to be up and running in the second quarter of 2010.

The investment is part of PartnerTech's effort to develop its operations in
Eastern Europe and will boost the competitiveness of all units. “Combining
production of sheet metal components and enclosures with system integration will
create an efficient logistics chain to reinforce our total customer offering,”
says Mr. Glavare.
 
The unit is located in Myslowice, which is near Katowice, an industrial region
in southern Poland with excellent infrastructure. “An investment in this region
will strengthen our established industrial structure, global supply chain and
upgraded manufacturing expertise,” concludes Mr. Glavare. “In this way we will
be able to offer our customers more efficient, cost-effective and flexible
production.”

For additional information, please call: 
Rune Glavare, President and CEO, PartnerTech AB, +46 (0) 706 20 24 54
Jonas Arkestad, CFO, PartnerTech AB, +46 (0) 706 59 15 10
Petra Edvinsson, IR and Communications Manager, PartnerTech AB, +46 (0) 768- 65
74 30


About PartnerTech
PartnerTech develops and manufactures products under contract for leading
companies, primarily in Defense and Maritime, Industry, Information Technology,
MedTech & Instrumentation, CleanTech and Point of Sale Applications. With some
1,400 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the
United States and China, PartnerTech reports annual sales of approximately SEK
2.4 billion. 
PartnerTech AB (www.partnertech.com), the parent company, is headquartered in
Vellinge, Sweden and is listed on the NASDAQ OMX Nordic Exchange Stockholm.

The above disclosures have been sent to the Swedish Financial Supervisory
Authority (Finansinspektionen). 

Attachments

11052407.pdf
GlobeNewswire