PartnerTech signs framework agreement with Safetykleen Ltd.

PartnerTech signs framework agreement with Safetykleen Ltd.

Contract manufacturer PartnerTech AB and Safetykleen Ltd., Europe’s leading
supplier of parts-washing services, today announced the signing of a framework
agreement for the development and manufacturing of products for Safetykleen Ltd.

The framework agreement runs over a period of three years with potential for
extension. An initial order has been received for the new, environmentally
friendly, Safetykleen Bio™ cleaning system with an estimated value of EUR 8.6
million over three years. Revenue is expected from the second quarter of 2012.
The order is handled by PartnerTech’s Customer Center in the UK and production
will cover development services from the unit in Moss, Norway as well as
deliveries of complete systems from the unit in Myslowice, Poland. The framework
agreement will potentially cover further orders including the full scale of
PartnerTech’s competences within electronics, mechanics, enclosures and system
integration.

The Safetykleen Bio™ cleaning system is an innovative concept where biologically
degradable material is used instead of traditional detergents.

"This is a good example of PartnerTechs broad offer that covers both our
development and production competences. It also demonstrates the advantage of
our global structure where the local Customer Center can provide service close
to the customer in combination with cost efficient production. We see a lot of
potential in the CleanTech market area and we are very pleased to be working
with such an innovative concept and a well-established company like SafetyKleen
", says PartnerTech President and CEO Leif Thorwaldsson.

“We are very excited to be working with PartnerTech and see this as the
beginning of a very beneficial partnership”, quoted Safetykleen Group Operations
Director Darren Hall.

For more information, please contact:

Leif Thorwaldsson, President and CEO, Tel: +46 (0) 40 10 26 41

Jan Johansson, Executive Vice President Market and Sales, Tel: +46 (0) 40 10 26
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