NovaCast Technologies coordinates production chain for Camito dies and appoints joint CEO for two of group's production companies

NovaCast Technologies coordinates production chain for Camito dies and appoints
joint CEO for two of group's production companies

Janni Dimovski, CEO for SwePart Verktyg AB since January and previously CEO for
Industrial Development Center (IUC) in Olofström, will be responsible for
NovaCast Technologies' complete production chain by adding duties as CEO for
special foundry Camito Technology Center (CTC). Janni Dimovski, 43, has long and
solid experience in production and car body parts technology after 17 years at
Volvo Car Corporation in Gothenburg. When he left Volvo in 2004 to become CEO at
IUC, where Volvo is part owner, Janni was acting manager for Volvo's body shop.
Former CEO at CTC, Bengt Karsten, will become production manager.  

NovaCast Technologies' group CEO Hans Svensson sees a joint CEO for the group's
two production companies as enabling more efficient work on creating synergies
between the companies. 

”When we acquired SwePart Verktyg last fall we took an important step towards
creating a complete value chain both for production and sales of primarily
Camito die castings. We have already optimized marketing efforts by creating a
joint sales and marketing organization. By appointing a joint CEO for the
production companies we are taking the next step towards also creating an
effective and collected production process leading to the complete die”, says
Hans Svensson.

Janni Dimovski is also positive about the possibilities.

”It will be very exciting to be able to create the complete production chain for
Camito dies - from Camito die shoe casting at CTC to completed dies at SwePart.
Through this coordination we will create good condidtions for a close dialogue
between companies and together work towards making every lead in the production
process more effective ”, says  Janni Dimovski in a comment about his
appointment.

For further information from NovaCast contact Hans Svensson, CEO NovaCast
Technologies AB, +46 457 386302 or +46 705 652 250.
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.