Micronic Laser Systems to develop industry first solutions for the electronic packaging market, Laser Direct Imaging, LDI

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OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH
AFRICA. 

The leading supplier of microlithography applications conducts a rights issue
to fund the development program 

Täby, Sweden, March 26, 2010 - Micronic Laser Systems AB (publ.), listed on the
NASDAQ OMX Nordic Exchange Stockholm, in the category Small cap, Information
Technology: MICR 

 Micronic and Intel Corporation have entered into an agreement to develop
laser based lithography solutions and Micronic has received a purchase order
from Intel Corporation for one LDI system. 

 In order to secure financing for the development of this new and dynamic
market opportunity the Board of Directors of Micronic has on March 25, 2010
decided to carry out a SEK 240 million rights issue with preferential rights
for existing shareholders. The rights issue is subject to shareholder approval
at the Extraordinary General Meeting to be held on April 12, 2010. 

 Existing shareholders have undertaken to subscribe for shares in aggregate
corresponding to approximately 42 percent of the rights issue with preferential
rights. 

 Intel Capital, Intel's global investment organization, has undertaken to
subscribe for shares that have not otherwise been subscribed for up to a
maximum of SEK 80 million, subject to certain terms and conditions including a
subscription level of at least SEK 160 million. 


Invitation to press- and analyst conference 
Micronic Laser Systems will hold a telephone press conference today March 26,
at 10:00 hrs Central European Time (CET) 
To participate in the press conference, please follow instructions under the
following link 
https://eventreg1.conferencing.com/webportal3/reg.html?Acc=283823&Conf=172236


Electronic Packaging Market
Micronic has for several years been investigating innovative technologies that
can be utilized not only to provide extremely accurate patterning but also the
highest level of productivity. This year the company will begin delivering
laser based systems utilizing our proprietary imaging methodology to customers. 

“Equipment and materials innovation is critical to enabling new capabilities in
semiconductor device manufacturing.” said Arvind Sodhani, president of Intel
Capital and Intel executive vice president. "Our investment in Micronic is part
of Intel Capital's strategy to foster innovation that aligns with Intel's
technology direction.” 

“Working with Intel, Micronic will continue to develop tools that provide the
optimal solution for the electronic packaging industry. This production market
we are entering is larger than our present market for pattern generators.” says
Peter Uddfors, CEO of Micronic Laser Systems. 


Rights issue
In order to secure financing for the development of this new and dynamic market
opportunity the Board of Directors of Micronic has on March 25, 2010 decided to
carry out a SEK 240 million rights issue with preferential rights for existing
shareholders. The rights issue is subject to shareholder approval at the
Extraordinary General Meeting to be held on April 12, 2010. 

Existing shareholders have undertaken to subscribe for shares in aggregate
corresponding to approximately 42 percent of the rights issue with preferential
rights. 

In addition, Intel Capital has undertaken to subscribe for shares that have not
otherwise been subscribed for up to a maximum of SEK 80 million, subject to
certain terms and conditions including a subscription level of at least SEK 160
million. 

Indicative timetable
 The Board of Directors' is expected to resolve on the subscription price and
the number of shares to be issued on April 9, 2010. 
 The Board of Directors' decision on a rights issue is subject to approval by
the Extraordinary General Meeting on April 12, 2010. 
 Record date for participation in the rights issue is expected to be April 27,
2010, consequently the last day for trading in the Micronic shares including
subscription rights is expected to be April 22, 2010. 
 Trading in subscription rights is expected to take place during the period 
May 5 - May 18, 2010.
 Prospectus, subscription forms and issue statement will be distributed to
Micronic's shareholders beginning on or about May 3, 2010. 
 The subscription period is expected to be from May 5 - May 21, 2010.


Extraordinary General Meeting
The Board of Directors' decision on a rights issue is subject to approval by
the Extraordinary General Meeting on April 12, 2010. For further information
regarding the Extraordinary General Meeting please refer to the separate notice
which is also made public today. 


Company contacts: 	
Peter Uddfors	
President & CEO	
+46 8 638 52 00		
peter.uddfors@micronic.se	

Carl-Johan Blomberg	
CFO
+46 8 638 52 00
carl-johan.blomberg@micronic.se


About Micronic Laser Systems AB
Micronic Laser Systems AB is a Swedish high-tech company engaged in the
development, manufacture and marketing of a series of extremely accurate laser
pattern generators for the production of photomasks and advanced surface
mounting technology (SMT) equipment for flexible production of electronics. The
laser pattern generators are used by the world's leading electronics companies
in the manufacture of television and computer displays, semiconductor circuits
and semiconductor packaging components. The SMT equipment, including software
applications, is used for stencil free jetting of solder paste and surface
mounting of electronic components. Micronic headquarters is located in Täby,
north of Stockholm and at present the Group has subsidiaries in the United
States, Japan, South Korea, Singapore, China, Taiwan, Germany, France, United
Kingdom and the Netherlands. For more information about laser pattern
generators, see our web sites www.micronic.se and SMT equipment, see
www.mydata.com 


About Intel Capital
Intel Capital, Intel's global investment organization, makes equity investments
in innovative technology start-ups and companies worldwide. Intel Capital
invests in a broad range of companies offering hardware, software, and services
targeting enterprise, home, mobility, health, consumer internet, semiconductor
manufacturing and cleantech. Since 1991, Intel Capital has invested more than
USD 9.5 billion in over 1,050 companies in 47 countries. In that timeframe, 175
portfolio companies have gone public on various exchanges around the world and
241 were acquired or participated in a merger. In 2009, Intel Capital invested
USD 327 million in 107 investments with approximately 50 percent of funds
invested outside the U.S. and Canada. For more information on Intel Capital and
its differentiated advantages, visit http://www.intelcapital.com. 


Disclaimers
This press release is not an offer for subscription for shares in Micronic. 
A prospectus relating to the rights issue referred to in this press release and
the subsequent listing of the shares at NASDAQ OMX Stockholm will be prepared
and filed with the Swedish Financial Supervisory Authority.  After approval and
registration of the prospectus by the Swedish Financial Supervisory Authority,
the prospectus will be published and made available on inter alia Micronic's
website. 

The distribution of this press release in certain jurisdictions may be
restricted.  This press release does not constitute an offer of, or an
invitation to purchase, any securities of Micronic in any jurisdiction. 

This press release does not constitute or form part of an offer or solicitation
to purchase or subscribe for securities in the United States. The securities
referred to herein may not be sold in the United States absent registration or
an exemption from registration as provided under the US Securities Act of 1933,
as amended. Micronic does not intend to register any portion of the offering in
the United States or to conduct a public offering of any securities in the
United States. 

This communication is directed only at (i) persons who are outside the United
Kingdom or (ii) persons who have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net
worth entities, and other persons to whom it may lawfully be communicated,
falling within Article 49(2) of the Order (all such persons together being
referred to as “relevant persons”). Any investment activity to which this
communication relates will only be available to and will only be engaged with,
relevant persons. Any person who is not a relevant person should not act or
rely on this document or any of its contents. 

Copies of this announcement are not being made and may not be distributed into
the United States, Australia, Canada, Japan and South Africa.