NovaCast receives order worth approximately 8 MSEK from new European customer.

NovaCast receives order worth approximately 8 MSEK from new European
customer.  

NovaCast's subsidiary Camito AB has received an order for three die
sets, 7 tools for immediate production start. The order is from a German
customer who is an expansive supplier to leading automotive groups,
among others Volkswagen, Audi, Mercedes-Benz and Porsche.

 

The order includes several stages in Camito's total offer to customers,
such as construction, casting and completion. This will involve
production utilization at NovaCast's subsidiaries Camito Technology
Center and SwePart Verktyg. The complete dies will be delivered to the
customer, who in turn will stamp car body parts to one of the leading
European automotive groups (OEM ).

  

NovaCast Technologies, listed on the NASDAQ OMX Stockholm Small Cap list
(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 and stamping automotive body components in a
considerably shorter time than traditional dies. Through die
manufacturer SwePart Verktyg 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.

 Visit www.novacast.se