Activity remained high, sales in line with 2011
Based on local currency,
third-quarter sales were in line with the same period
of 2011. The same was
true of operating profit, which totaled SEK 10 million for
the quarter. We were
able to compensate for the trend of cutbacks and
postponements of the second
quarter by means of volumes from the new agreements
that we signed earlier in
the year. Deliveries based on these agreements began
on schedule and remain at
a stable level. We also entered into new framework
agreements, some of them
covering both product development and manufacturing.
The latest one covers
advanced medical devices where we can leverage our strong
development and
manufacturing expertise in this field. Activity in our Chinese
and American
units is high, and we continue to receive many inquiries from
potential
customers. Our ongoing internal improvement effort continued to
favorably
impact capital tied-up during the quarter and our financial position
improved.
As a result, we became even more credible as a stable, long-term
partner for
customers with operations in Europe, Asia and the United States.
Although the
European financial crisis has not shown signs of letting up any
time soon, we
see that manufacturing companies are more disposed to consider
outsourcing as
an option, which represents an opportunity for us as a contract
manufacturer. I
believe that this trend, along with our industrial structure and
global
presence, gives us the possibility to counter economic fluctuations.

Leif
Thorwaldsson, President and CEO

Third quarter of 2012

  · Net sales were SEK
517 million (536)
  · Operating profit totaled SEK 10 million (10)
  ·
Profit/Loss after tax amounted to SEK 1 million (-1)
  · Earnings per share
after tax amounted to SEK 0.11 (-0.07)
  · Cash flow after investments amounted
to SEK 30 million (2)

First nine months of 2012

  · Net sales were SEK 1,692
million (1,684)
  · Operating profit totaled SEK 42 million (18)
  · Profit
after tax amounted to SEK 14 million (-5)
  · Earnings per share after tax
amounted to to SEK 1.11 (-0.39)
  · Cash flow after investments amounted to SEK
14 million (18)
  · The equity/assets ratio was 40% (38) on September 30

For
complete report, see attached file.
For more information, please contact:

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

Åke Bengtsson, CFO,
Tel: +46 (0) 40 10 26 42
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 8.30 am on October 24th,
2012.