MJP Waterjets wins four strategic orders to supply waterjets in new markets


MJP Waterjets, the fastest growing global supplier of waterjets, wins four      
strategic orders to supply waterjets to work boats in South Africa, premium     
luxury yachts in Asia, patrol boats and unmanned naval vessels. The total order 
value amounts to Euro 3 million and deliveries will take place in 2010 and 2011.
As a result of the strategic orders, MJP Waterjets is expected to take larger   
orders in these new markets.                                                    

- The first order in South Africa is a breakthrough for MJP Waterjets in Africa.
The prestigious order for waterjets to premium luxury yachts in Asia comes from 
our strong market position in coast guard and navy vessels. The strategic orders
are expected to be the starting point for larger orders in the near future, says
Hans Andersson, CEO of MJP Waterjets.                                           

MJP Waterjets has taken a first order in South Africa to supply waterjets for a 
certain type of work boats. The order is the result of a co-operation, which was
started in December 2009, between MJP Waterjets and KND, Kobus Naval Design,    
based in Cape Town. KND will continue to support MJP Waterjets sales and        
services on the African continent. Moreover, MJP Waterjets has also taken a     
first order to supply waterjets for premium luxury yachts to a new customer in  
Asia, as well as a first order for waterjets to patrol boats in a new country in
Asia. MJP Waterjets has also taken a first order to supply waterjets to unmanned
naval vessels. MJP Waterjets has taken this order thanks to R&D efforts and a   
high degree of customization. MJP Waterjets has recently developed a new and    
advanced concept for landing crafts, which has an emerging market, just as      
unmanned naval vessels.                                                         

MJP Waterjets develops, markets and delivers tailor-made, high performance and  
heavy-duty waterjet propulsion systems. MJP Waterjets is the technology leader  
and fastest growing global supplier of waterjets. MJP Waterjets offers waterjets
that generate more thrust from installed power, leading to higher ship speed as 
well as lower fuel consumption. MJP Waterjets delivers waterjets for official   
vessels such as coast guard vessels, patrol boats, landing crafts and customs   
boats, as well as work boats, luxury yachts and fast ferries. In total,         
governments in 21 countries have chosen MJP Waterjets for their official        
vessels.                                                                        

MJP Waterjets is part of the Swedish industrial group Österby Marine, including 
Österby Gjuteri and Alcopropeller. Österby Marine is owned by Capilon, a listed 
private equity company focused on industrial investments. For more information  
about MJP Waterjets, please visit: www.mjp.se                                   

For more information                                                            
Alex Molvin, CEO, Capilon, E-mail: alex.molvin@capilon.se, Tel: +46 (0)708-25
39 90 
Hans Andersson, CEO, MJP Waterjets, E-mail: hans.andersson@mjp.se, Tel:
+46(0)702-14 02 95 

Capilon AB (publ)                                                               
Address: Järnvägsgatan 23                                                       
252 24 Helsingborg, Sweden                                                      
Tel: +46 (0)42 24 01 12                                                         
Fax: +46 (0)42 24 16 01                                                         
E-mail: info@capilon.se                                                         
www.capilon.se

Attachments

capilon prm june 1 2010.pdf