NOTE and Atlas Copco reach long-term agreement


NOTE and Atlas Copco reach long-term agreement

Atlas Copco and NOTE have reached a group-wide agreement, implying continued
collaboration between the companies, encompassing electrical, electromechanical
and electronics production. This business is expected to expand from
approximately SEK 30 m annually to some SEK 40 m.

“This agreement is largely a result of NOTE Torsby's close collaboration with
Atlas Copco Rock Drills in Örebro, central Sweden,” commented Arne Forslund,
NOTE's CEO and President, “and I view Atlas Copco's decision to proceed with our
established business relationship as corroboration that NOTE's focus on quality,
delivery precision and attractive TCO, combined with our high level of know-how
in box-build production, is fully consistent with what customers are demanding.
NOTE is offering a flexible business model that follows the customer's progress
and changing needs over time.”

“The collaboration with Atlas Copco began in 1999 and has progressed very well.
That's why it feels natural and strategically important for us to deepen and
extend our collaboration,” said Niklas Björklund, Corporate Key Account Manager
at NOTE Torsby.

“We view NOTE as a long-term collaboration partner contributing valuable
know-how in the development and production of electronics products,” responded
Thomas Hallmén, Strategic Purchasing Manager of Atlas Copco, “and thus a
contributor to us creating a competitive edge on the global market. NOTE has
demonstrated the flexibility that fits our continued global expansion.”



For more information, please contact:
Arne Forslund, CEO & President of NOTE AB, tel. +46 (0)8 568 990 07, +46(0)705
477 477
Niklas Björklund, Corporate Key Account Manager, NOTE AB, tel +46 (0)560 68 93
46, 
+46 (0)733 44 92 50
Thomas Hallmén, Strategic Purchasing Manager, Atlas Copco, tel +46 (0)19 670 70
06, 
+46 (0)70 656 73 65
Annelie Wirdefeldt, Director of IR & Information Strategy NOTE AB, tel. +46 (0)8
568 990 01, 
+46 (0)76 815 99 99

About NOTE
“Our business concept is to produce electronics from design to after-market in
close co-operation with our customers.” NOTE is one of the Nordic region's
leading contract manufacturers of electronics and is established in Sweden,
Finland, Norway, the UK, Estonia, Lithuania and Poland. Net sales for 2006
totalled SEK 1,742 m, and the NOTE group has approximately 1,100 employees. Read
more at: www.note.se

About Atlas Copco
Atlas Copco is a world-leading provider of industrial productivity solutions.
Its products and services range from compressed air and gas equipment,
generators, construction and mining equipment, industrial tools and assembly
systems to the related aftermarket and rentals. In close cooperation with
customers and business partners, and with more than 130 years of experience,
Atlas Copco innovates for superior productivity.

Attachments

07192073.pdf