Opcon subsidiary SEM to double its share of manufacturing volumes to Scania-Cummins' major environmental project - XPI injection system

Opcon subsidiary SEM to double its share of manufacturing volumes to
Scania-Cummins' major environmental project - XPI injection system

• SEM receives order to double its share of manufacturing volumes for
Scania-Cummins XPI
• Opcon's order book continues to grow, now worth almost 600 MSEK


SEM, a subsidiary of energy and environmental technology Group Opcon AB, has
earlier been chosen as a partner for the production and development of stators,
a component used in the Scania-Cummins XPI injection system for diesel engines.
SEM, as one of two suppliers, has had a guaranteed manufacturing volume
2009-2014, as a base for investments in Åmål, Sweden. Volumes, has been large
enough to make the project a deciding future project for the business area
Engine Efficiency and the Opcon group alike. 

Today, SEM has entered an agreement with Cummins-Scania LLC JV to double its
volumes during the contract period of 2009-2014, compared to the earlier agreed
upon volumes, as SEM has also won an order for production for Cummins' engines.
This also means that SEM will make further investments in process equipment for
the new manufacturing line that is presently being prepared in Åmål.   

By significantly increasing injection pressure, among other improvements, the
XPI system cuts emissions, enabling engines to meet the very strict Euro 5
targets for emissions of particles and NOx. One stator is used in each cylinder.

“To secure such a large order to the truck and heavy vehicles industry, today,
is a further testament to the merits of our strategic focus on energy and
environmental technology. Sure, we have noticed effects of the economic
slow-down on limited areas of our business. But our focus on energy and
environmental technology has proven right. The Opcon Group has had a steadily
growing order book in the last few months that is now worth almost 600 MSEK,
says Opcon CEO Rolf Hasselström”

 “This was already before today's agreement a very large and profitable order
for SEM and Opcon, with production starting already in the middle of next year.
We have earlier taken the decision to invest around 40-50 MSEK in Åmål for the
future manufacturing of these components to Scania-Cummins. We will now add
further investments to that. We are looking at large future volumes, with really
high volumes already in 2010, says Opcon's CEO, Rolf Hasselström.”

“During this year we have performed additional development on the product and
delivered prototypes which Scania-Cummins have obviously been very content with.
It is also important recognition of our technical expertise and competence that
we double our part of the volumes in competition with others. At the same time
this have taken us to a completely new level as a development partner for
advanced energy and environmental technology projects also in this field where
the manufacturing order will help us to strengthen our strategic competence in
Åmål, adds Opcon's CEO, Rolf Hasselström.”


For further information, please contact:
Niklas Johansson, vice president, Investor Relations, Opcon AB, tel+46 8 466 45
00, +46 70 592 5453

Opcon AB, Box 15085, 104 65 Stockholm, Sweden
Tel. +46 5 8 466 45 00, +46, fax +46 8 716 76 61
e-mail: info@opcon.se
www.opcon.se

About the Opcon Group
Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and
resource-effective use of energy. 

Opcon has activities in Sweden and China. There are around 340 employees. The
company's shares are listed on OMX Nordic Exchange Stockholm. The Groupcomprises three business areas: 

Renewable Energy focuses on generating electricity from surplus heat,
bio-energy, systems for handling natural gas, industrial cooling, heat recovery,
low-temp biomass driers, cleaning of flue gases, air systems for fuel cells and
measurement and monitoring of processes. The business area comprises the
following subsidiaries: Svenska Rotor Maskiner (SRM), Opcon Energy Systems
(OES), REF Technology, Svensk Rökgasenergi (SRE), Värmlands Montageteknik, Opcon
Autorotor and  Mitec Instrument.

Engine Efficiency focuses on ignition systems for combustion engines including
ethanol, natural gas and biogas engines. The business area comprises the
following subsidiaries: SEM, Opcon Technology Suzhou and Laminova Production. 

Mobility Products focuses on technology for positioning, motion and regulation
for electrical vehicles and electrical wheelchairs. The business area comprises
the subsidiaries REAC and Balle A/S.