ASSA ABLOY acquires manufacturer of RFID inlays for electronic passports



ASSA ABLOY has acquired Aontec Teoranta, one of the world's largest
suppliers of RFID inlays* for electronic passports.

Aontec designs and manufactures RFID inlays mainly to European
passport printers and security integrators. The operations are
conducted in high-security premises in Ireland and employ
approximately 140 persons."Aontec brings many benefits to our business in identification
technologies (ITG) and the rest of Global Technologies Division in
expanding the customer base, providing a valuable 2nd secure site to
our operations and adding complimentary manufacturing technologies
for RFID inlays", commented Johan Molin, President and CEO of ASSA
ABLOY.

Sales in 2007 are expected to reach EUR 15 M. The acquisition is
expected to be accretive to the Group's net income in 2007. The
company will be consolidated as of July 2007.


For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506
485 72


* An RFID inlay is the subcomponent of a contactless card or similar
document. It is composed of an integrated circuit connected to an
antenna mounted on a plastic material.

For more information about ITG and RFID technology, please visit
www.aaitg.com. Press pictures for download are available on
http://www.aaitg.com/index.php?id=33.

The information contained herein may be subject to the disclosure
requirements of ASSA ABLOY AB under the Swedish Securities Exchange
and Clearing Operations Act and/or the Swedish Financial Instruments
Trading Act.


About ASSA ABLOY

ASSA ABLOY is the world's leading manufacturer and supplier of door
opening solutions, meeting tough end-user demands for safety,
security and convenience. With over 150 companies operating in more
than 40 countries and over 10 percent of the world market, the Group
is the strongest global player in the lock industry. ASSA ABLOY is
represented in all major regions, on both mature and emerging
markets, with leading positions in much of Europe and North America
and in Australia.

In the rapidly growing electromechanical security sector, the Group
has a leading position in fields such as access control,
identification technology, automatic doors and hotel security.

Since ASSA ABLOY was founded in 1994, the Group has grown from a
regional company to an international group with over 30,000 employees
and sales of over SEK 31 billion. As the world's leading lock group,
ASSA ABLOY offers a more complete range of door opening solutions
than any other company on the market.

For more info please see www.assaabloy.com


About ASSA ABLOY Identification Technologies (ITG)
Assa Abloy Identification Technologies (ITG) is a leader within the
ID management and Radio Frequency Identification (RFID) markets. The
company develops, manufactures and markets RFID components, products,
and services typically deployed within national ID and e-passport
programs, corporate access control, supply chain management, animal
tagging, financial transactions, transport and various industrial or
manufacturing solutions. ASSA ABLOY ITG is a merger of ACG
Identification Technologies, OMNIKEY, Sokymat and VisionCard and
Novacard do Brasil.

Assa Abloy ITG has over 900 employees and 25 sales offices in all
continents. The company's headquarters are located in Walluf,
Germany. ITG is part of the Global Technologies Division of the ASSA
ABLOY Group.

For more info please see www.aaitg.com

Attachments

Press release PDF