Haldex receives lift system order from BT Industries


STOCKHOLM, Sweden, Feb. 12, 2004 (PRIMEZONE) -- Hydraulic Systems, a division in the Haldex group, has received an order from BT Industries -- a part of Toyota Industries -- regarding lift systems for a new forklift truck series. The awarded business is worth 50 MSEK and runs over three years

Haldex is supplying BT Industries since many years, both in Europe and USA. The announced business strengthens further Haldex position in the materials handling industry. The new forklift series in question is of the so called stacker type, which is a part of the fastest growing materials handling segment.

The hydraulic lift system to be supplied is of a new type, where thespeed of the forks -- both up and down -- can be regulated for increasedsafety and efficiency.

The Haldex group (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Stockholm Stock Exchange and has annual sales over 6 billion SEK with 4,000 employees.

For further information contact Claes Warnander, president and CEO, or Lennart Hammargren, CFO, phone +46 8 545 049 50.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2004/02/12/20040212BIT20070/wkr0006.pdf