PartnerTech and BAE GCS have signed a letter of intent regarding
the
manufacturing and testing of defense electronics. Production will partly
take
place in PartnerTech’s plant for electronics in Vellinge and PartnerTech’s
plant
for machining in Karlskoga.
"This development exemplifies our commitment
to grow with our customers and to
increase business between our operational
areas; machining, electronics, systems
integration and enclosures," says Leif
Thorwaldsson, President and CEO of
PartnerTech.

The production of defense
electronics in Karlskoga and Vellinge is expected to
begin during the third
quarter of 2012.
For more information, please contact:

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

Martin Valfridsson, Managing
Director, PartnerTech Karlskoga, Tel: +46 (0)73 23
93
455
PartnerTech

PartnerTech develops and manufactures products under contract
for leading
companies, primarily in Information Technology, Industry,
CleanTech, MedTech and
Instrumentation, Defense and Maritime and Point of Sale
Applications. With
approximately 1,300 employees at its plants in Sweden,
Norway, Finland, Poland,
the UK, the United States and China PartnerTech
reports annual sales of more
than SEK 2,3 billion. PartnerTech AB
(www.partnertech.com), the parent company,
has its head office in Vellinge,
Sweden, and is listed on the Nasdaq OMX
Stockholm Exchange.

PartnerTech AB,
corporate identity number 556251-3308

Box 103, Industrigatan 2, SE-235 22
Vellinge, Sweden

PartnerTech (publ) is  required to publicly disclose the
information in this
press release pursuant to the Swedish Securities Market Act
and/or the Swedish
Financial Instruments Trading Act. The information was
submitted for public
disclosure at 2.00 pm on June  27th, 2012.