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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