New instrument order for AGELLIS Group

AGELLIS Group AB (publ), has received an instrumentation order from a
leading
European steel plant for the supply of a unique tundish level
measurement
system. The order has a value of approximately 140.000 Euro.
The new level measurement instrument from Agellis assists steel
plants in process
optimization and provides the possibility of increased yield and
improved quality of their
continuously cast products. The technology from Agellis was launched
at the beginning
of 2008 and this order is the third such instrument for tundish
measurement that has
been sold this year. The instruments have been much appreciated,
since they give the
plants benefits that they have not previously experienced.
The European plant placing the order produces high-quality steel for
the automotive
industry and Agellis will now become an important partner in helping
them improve their
process and increase their yield.
All instruments developed by Agellis help metal producers save energy
and increase
profitability", says Mårten Öbrink, CEO of AGELLIS Group
.
The instrument will be delivered during second and third quarters of
2009 and will be
officially commissioned at the beginning of 2010. The revenue for
2008 will only be
affected slightly.

For more information:
Mårten Öbrink, CEO, AGELLIS Group, tel. +46 46101 369, cell+46 733
170 849
www.agellis.com

AGELLIS Group AB (publ.) is a Swedish innovative company that
develops, manufactures and markets
advanced instruments for process control. The product portfolio
includes systems for measuring levels
and flows used in critical steps of production and quality
assessment. Agellis has customers on five
continents; among them are Sandvik Materials Technology in Sweden,
ArcelorMittal in Europe and USA
and POSCO in South Korea. Agellis is a public company listed on First
North on OMX Nordic Exchange
Stockholm with Thenberg & Kinde as Certified Adviser.