Berthold and Agellis start co-operation with initial development order placed on Agellis

BERTHOLD TECHNOLOGIES GmbH & Co. KG, a global supplier of measurement equipment
for the metals industry and AGELLIS Group AB, a company that develops and
markets products/solutions to the global metals industry, have signed a co
-operation agreement for the development and delivery of electromagnetic
equipment for level measurement in continuous casting molds. An initial order
for adaptation of the EMLI technology into a unique Berthold product platform
has been raised.
The aim of the co-operation is ‘co-designed’ products for level measurement in
continuous casting molds. Berthold, that historically and still today, makes use
of radiometric methods to measure molten metal levels, will launch a new
electromagnetic level measurement system, which will be based on the Agellis
EMLI technology.

The agreement means that Agellis EMLI technology will be adapted to the existing
Berthold measurement platform and will be exclusively manufactured for Berthold
to enable them to equip their existing systems to use electromagnetic
measurement technology. The development order covers the initial part of the
adaptation of the EMLI technology. Within the co-operation agreement Berthold
has the intention to order further development work to increase the
functionality of their new eddy current mold level system.

Berthold will market its system via its well-developed network of subsidiaries
and agents, as well as directly to end users and major OEM/ line builders. The
co-operation may not generate any additional sales in the current year but it is
projected that in 2013 we will see the first results of this important
agreement. The agreement means that there are no limitations for Agellis to
continue selling its EMLI level measurement systems for continuous casting
through its own marketing channels.

‘We are very pleased and proud of the new co-operation agreement with Berthold’
says Patrik Bloemer CEO of Agellis. ‘Berthold has realized the benefits of EMLI
platform and has very good sales channels to end users and OEM/line builders
that we may benefit from indirectly. Furthermore, we have great confidence in
the future development of the new functionality for the Berthold eddy current
mold level systems’.

BERTHOLD TECHNOLOGIES GmbH & Co. KG develops manufactures and distributes high
performance measurement devices. This includes standard products, optimal
solutions for specific customer applications and OEM instruments for Industrial
Process Control, in Biosciences, and Radiation Protection. For more than 40
years Berthold defines the worldwide standard in radiometric mould level
measurement in the steel industry.

More information can be found at www.berthold.com
For additional information:

Patrik Bloemer, CEO, Agellis Group AB. Telephone: +46 46-101 363, cell: +46 733
-170 843

Dirk Moermann, Head of technology management, Berthold. Telephone: +49 7081
177 116
AGELLIS Group AB develops and markets modern, robust solutions for global metal
producers. Agellis offers products for level measurement which facilitate
increased automation of production. Agellis customers are based all around the
world and include Sandvik Materials Technology in Sweden and several plants
within the ArcelorMittal group. Agellis was founded 2002 and is listed on NASDAQ
OMX First North. More information can be found at
www.agellis.com (file:///C:/Documents and
Settings/alro/Skrivbord/PR/www.agellis.com)