Test center for optimization of fuel cell plates opens in Japan

Press Release
Morphic Technologies AB (publ)                                              
Karlskoga, February 21, 2007


Test center for optimization of fuel cell plates opens in Japan

The Swedish ambassador in Japan, Stefan Noreén, today opened Morphic's new
Technology and Customer Center in Yokohama. One of the world's five largest
automobile manufacturers has booked time in the production facility for the next
six months and will initiate work on fine-tuning its flow plates for fuel cells
immediately. The fuel cells will be used to power cars.

The Swedish ambassador, Stefan Noreén, today opened Morphic's new Technology and
Customer Center in Yokohama, Japan. The center will offer optimization of flow
plates for fuel cells to customers in all Asian markets. 

The flow plates are a key component of the fuel cells, and their design is
crucial to the fuel cells' performance as well as the overall cost. At the
facility Morphic's customers will be able to produce test series prior to
ramping up for serial production. 

One the world's five largest automobile manufacturers has already booked the
facility for the next six months, and several other car makers and consumer
electronics manufacturers have also booked time. Serial produc¬tion will then be
carried out at Morphic subsidiary Cell Impact's own production plants in Sweden
or directly adjacent to the customer, provided that the volumes are large enough
to justify establishing such facilities. 

“There is strong interest in fuel cells in Asia, and several of our customers
are on the verge of a broad market launch, so cutting the time-to-market is high
on their agendas”, Martin Valfridsson, Cell Impact's CEO, says. 
The venture marks an important step in Morphic's marketing strategy for the
Asian market. The aim is to show, on site, how flow plates can be produced less
expensively and to a higher standard of quality using Morphic's technology than
is possible with the conventional methods available today. 

“The customer center will allow us to increase our level of service in Asia, and
also makes it possible for considerably larger teams of specialists from our
client companies to take part in fine-tuning the products. This will help us to
further raise awareness of the technology's potential, which may lead to
subcon¬tract production work for components other than flow plates”, Martin
Valfridsson adds.


For further information, please contact:
Johannes Falk, Director of Investor Relations, Morphic Technologies AB
Phone: +46 (0)706- 76 73 93, E-mail: johannes.falk@morphic.se.


Morphic Technologies is a Swedish manufacturer of energy systems based on
renewable electricity production and resource-efficient technologies for
large-series components production. The company conducts operations in Sweden
(Karlskoga, Filipstad, Stockholm and Kristinehamn), Switzerland, Greece and
Italy. The company's B shares are traded on the Stockholm Stock Exchange's First
North marketplace, with Remium Securities as Certified Advisor. More information
on the company is available at www.morphic.se.

DISCLAIMER: THIS DOCUMENT IS A TRANSLATION FROM THE SWEDISH ORIGINAL. NO
GUARANTEES ARE MADE THAT THE TRANSLATION IS FREE FROM ERRORS.