17.01.2006 12:27:00
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PartnerTech Receives New Order from Tomra Worth Approximately SEK 300 Million
"PartnerTech has handled our initial orders in a highly expert andreassuring manner," says Harald Henriksen, Senior VP Technology atTomra. "So now that we have received another order, we want to workwith PartnerTech even more closely. We view that choice as a keystrategic element of our future growth."
Tomra and PartnerTech began their joint effort in May 2005 withthe Uno reverse vending machine, which is designed for small outletslike gas stations and neighborhood stores. In December 2005, the twocompanies added a new product group intended primarily for the Germanmarket. The Logistima agreement flows naturally from the success ofthat effort. The equipment in the new product group handles cans andbottles at large stores with heavy volumes. The order is for Tomra'sMasterPac product on the German market.
"We are proud to serve as the contract manufacturer that will helpTomra expand rapidly," says PartnerTech CEO Mikael Jonson. "Thisrepresents further evidence that we have gained a firm foothold in theNordic market for integrated assignments."
PartnerTech's Swedish and Polish plants will start productionimmediately. The entire order will be filled in 2006.
Tomra designs and operates cost-effective systems that make itattractive for consumers to return used beverage containers for reuseor recycling. These systems consist of a wide range of products andservices. Tomra's vision is Helping the World Recycle, to which theinstallation of 50,000 machines in 40 countries on four continentsclearly testifies. The company is listed on the Oslo Stock Exchange.
PartnerTech develops and manufactures products under contract forleading companies, primarily in telecommunications, IT, theengineering sector and medical technology. With approximately 1,500employees, the company (www.partnertech.com) reports annual sales ofapproximately SEK 2.0 billion and is listed on the Stockholm StockExchange.----------------------------------------------------------------------
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