Organization change within Consilium will strengthen our marine business and improve cost efficiency

Organization change within Consilium will strengthen our marine business and
improve cost efficiency

Consilium will merge the Business Area Fire & Gas and the Business Area
Navigation, including Production and R&D, into one new Business area, named
Consilium Marine & Safety.  

A closer co-operation will strengthen our marine business, and the organization
change will allow major cost efficiency improvements. 

Most Swedish companies within the new Business Marine & Safety will be merged
into one company, with sub-divisions. All Swedish administration within the
Business Area Marine & Safety will be merged into one central administration
unit. 

Purchasing and production for Business Area Fire & Gas and Business Area
Navigation were merged into one company beginning of this year. This operation
will now become a division of Consilium Marine & Safety.  

All R&D operations within Business Area Fire & Gas and Business Area Navigation
will be merged, and become a division of Consilium Marine & Safety.  

An annual cost reduction of more than 5 SEK m is expected. Further savings from
efficiency improvements and cost savings are expected when full large scale and
synergy effects are in place. 


Stockholm October 6, 2009

Consilium AB

Ove Hansson
President & CEO

Consilium is one of the world's leading suppliers of safety and navigation
products and solutions. The product portfolio comprises systems for fire
protection, gas and emission detection, automation systems and navigational
equipment, among other things. Systems and products are mainly marketed towards
shipyards and ship owners, together with the oil and gas industry. The
guiding-star of Consilium's total offerings is to contribute in the protection
of lives, material assets and the environment. Consilium's goal is to be the
customer's first choice when safety matters and to offer superior customer
value. The ambition is to become a global leader within well defined market and
product areas, by utilization of the Group's combined competence, long
experience and successful innovations - and thereby create long-lasting
shareholder value. Consilium is publicly listed on the OMX Nordic Exchange
Stockholm, has more than 450 employees and a turnover exceeding SEK 950 million.