NovaCast Technologies broadens offer to global foundry industry, fusions subsidiaries and appoints new CEO for NovaCast Foundry Solutions.

NovaCast Technologies broadens offer to global foundry industry, fusions
subsidiaries and appoints new CEO for NovaCast Foundry Solutions.

NovaCast Technologies AB has begun long-term efforts to broaden the group's
complete offer range to the global foundry industry consisting of software,
services and solution-oriented total concepts. As a lead in these efforts, a
decision has been made to fusion two of the group's subsidiaries, NovaCast
Foundry Solutions AB (NFS) in Ronneby and Graphyte AB in Gothenburg. The
fusioned company will be called NovaCast Foundry Solutions AB and Peter Vomacka,
(PhD material technology) has been appointed new CEO. Dr. Peter Vomacka succeeds
founder Rudolf Sillén, who retired at the end of the year but is affiliated with
the NovaCast group as Senior Consultant. 

The global foundry industry is the main target group for both NovaCast Foundry
Solutions AB and Graphyte AB but the two subsidiaries have been active in
different business areas, Graphyte AB in the Automotive area and NovaCast
Foundry Solutions AB in the Foundry Technology area. The latter company markets
advanced software for simulations and process control to the foundry industry.
At the end of 2008 NovaCast Foundry Solutions had 419 foundry customers in over
40 countries. Graphyte markets system solutions for effective serial production
of castings in compacted graphite iron (CGI) related to the automotive industry.


Group CEO Hans Svensson believes that the fusion will create more favorable
conditions for more efficient global market processing. A new, customer-oriented
strategy also requires better coordinated business activities. 

”There is an obvious trend among foundries to optimize their production
processes and make them more efficient by utilizing the possibilities offered in
modern software solutions. At the same time it is a traditional industry in
which the step towards new technologies can be conceived as both big and
complicated. By offering customers a closer, solution-oriented cooperation we
wish to help a larger number of foundries to more readily take the step towards
our group solutions,” says Hans Svensson.

Ten times faster simulation software
Two important software events during the fall of last year have led Hans
Svensson to see further reasons for coordinating the group's software-oriented
business activitites into one subsidiary. 

”New market opportunities have opened in the area of compacted graphite iron
through Graphyte 350, a CGI material with just as good as or even better
machining properties than grey iron, and also the launching of the new version
of the NovaFlow&Solid CV simulation package was very well received by the
market. The package is ten times faster than the previous version”, says Hans
Svensson.


As new CEO for NovaCast Foundry Solutions Dr. Peter Vomacka, former sales
manager at Graphyte AB, sees good conditions to both reach new customers in the
global foundry industry and deepen the cooperations with existing customers. 

”The unexplored market potential is still very large. With a more collected
marketing organization, a broader product portfolio, a few important novelties
and more solution-oriented sales we should be able to reach considerably more
foundries. During February we received three orders for NovaFlow&Solid CV from
foundries in USA, Europe and Israel and there is considerable interest in our
other system solutions. One of them is our ATAS optimizing system, which has
gradually been developed with new modules that allow for a higher degree of
customer adaptations. During 2008 we also developed a simpler version of ATAS to
facilitate the step for foundries to take towards more advanced process
control”, concludes Dr. Vomacka.



For further information from NovaCast contact Hans Svensson, CEO NovaCast
Technologies AB, +46 705 652 250 or +46 457 386302. 
E-mail: hans.svensson@novacast.se


More information is also available on www.novacast.se.


NovaCast Technologies, listed on the OMX Nordic Exchange (NCAS B), develops and
markets enhanced castings for the production of car body parts, as well as
software for methoding, simulating and process control for more efficient
production processes to the global automotive industry and its subcontractors.
With the Camito technology enhanced castings are manufactured in one solid piece
for the production of dies for forming   stamping automotive body components in
a considerably shorter time than traditional dies. Through die manufacturer
SwePart the group has expertise within the whole value chain for the production
and sales of stamping dies.