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NovaCast Technologies AB: NovaCast Subsidiary SwePart Verktyg Wins Major Order for 8 Trimming Dies from a Large System Supplier in Germany

STOCKHOLM, Sweden--Regulatory News:

SwePart Verktyg has received an order for completion of 8 large trimming dies for stamping of door inner to a leading European automobile manufacturer. Our customer is a large system supplier in Germany and the order is valued at close to 5 MSEK.

This order was negotiated by Camito’s new sales and marketing organization, which has been the NovaCast group’s joint marketing resource within the automotive industry since October 2008. NovaCast has not cut back on sales and marketing resources despite the difficult market situation and this order is a further result of its genuine, long-term presence on the market.

The contract includes machining and completion of entire dies. The order confirms our strategic focus on offering solutions from castings to complete dies. This deal further strengthens our position as partner to world-leading system suppliers within the automotive industry. Delivery will take place during the summer.