Morphic Receives Strategic Test Order for High-Speed Forming in Consumer Electronics Industry

Morphic Receives Strategic Test Order for High-Speed Forming in Consumer
Electronics Industry

Morphic has received a small strategic  test order for the manufacture of
magnesium chassis for a consumer electronics product from a new customer.
Morphic Impact has now concluded a total of 169 partnership agreements with
customers from different sectors in respect of Morphic's method for component
processing using high-speed technology, known as “adiabatic softening”.

Morphic has received a small strategic test order for forming trials of
magnesium chassis for a consumer electronics product. The customer is a major
Asian consumer electronics manufacturer and the order is the result of
successful initial tests at Morphic's Technology and Customer Center in
Shin-Yokohama outside Tokyo in Japan. High-speed forming of magnesium is very
suitable processing method and competes with casting and other traditional
methods in terms of both cost and quality. 

“To supplement our production of flow plates for fuel cells, we are working
intensively on other applications for Morphic's technology in a number of
different industries and product segments. This is a strategically important
order. If the trials are successful and result in full-scale industrialization,
it would significantly broaden our product portfolio,” Martin Valfridsson,
Morphic Impact's CEO, says. 
Morphic has now concluded a total of 169 partnership agreements with customers
from different sectors in respect of Morphic's method for component processing
using high-speed technology, known as “adiabatic softening”. 

The opening of Morphic's Technology and Customer Center in Shin-Yokohama outside
Tokyo in February 2008 marked an important step in Morphic's marketing strategy
for the fast-growing Asian market. The center offers optimization of flow plates
for fuel cells to customers throughout Asia. At the center customers can also
produce test series prior to ramping up for serial production. A greater
awareness among customers for the technology's potential also creates
opportunities for contract production of other components than flow plates. 

For further information, please contact:
Johannes Falk, Senior Vice President, Investor Relations, Morphic Technologies
AB
Phone: +46 (0)70 676 73, e-mail: johannes.falk@morphic.se

This is Morphic
Morphic is a Swedish engineering group operating in the areas of fuels cells,
wind power, fuel cell energy systems and engineering technology. The Group has
about 230 employees and conducts operations in six countries - Sweden, Norway,
Japan, Greece, Italy and Switzerland. Morphic Technologies' B shares have been
listed on the OMX Nordic Exchange since March 4, 2008, and the number of
shareholders is about 25,000.