Continued Nordic Expansion for Teleca

Operations to be Established at Two Sites in Denmark


STOCKHOLM, Sweden, Jan. 25, 2002 (PRIMEZONE) -- The Teleca company Benima is following up its move into Norway with new operations and anticipated strong growth in Denmark. The company will create new jobs within industrial IT and automation in Aarhus and Copenhagen.

With its 400 engineers, Benima, which is part of the listed Teleca Group, is Sweden's leading engineering company within industrial IT and automation. Following the company's successful operations in Norway in 2001, offices will now be opened outside Aarhus, in Jutland, and in Brondby, outside Copenhagen.

In Denmark, Benima intends to use its experience and technical expertise that it has built up during 20 years of automating Swedish industry.

"We believe that the time is right," says Per Magnusson, who is President of Benima Sydvast AB and responsible for this development. "Denmark is an attractive market for us. There is scope for technical investments in automation and the integration of administrative systems and production facilities.

"We have the goal of increasing the competitiveness of Danish industry through effective automation, with the main focus on pharmaceuticals, food, chemicals, energy, water and wastewater, and the manufacturing industry.

"The recruitment of automation engineers has already begun," says Per Magnusson in conclusion, while also indicating the possibility of making an acquisition within the sector.

See also our website: www.benima.dk

Benima is Sweden's most complete engineering company in the field of industrial IT and automation. It is the largest supplier-independent company in this field, with some 400 highly qualified employees in more than 20 locations nationwide in Sweden and in Norway. Benima is part of the Teleca Group.

Teleca is a world-class supplier of software engineering services for advanced systems, electronic equipment and applications. Its business concept is to strengthen the customer's market position and time-to- market. This is achieved by providing professional teams with specialist technical expertise, working in partnership with development-intensive companies worldwide.

Teleca is listed on the O-List of the Stockholm Exchange. The Teleca Group has more than 1,200 employees and development offices throughout Europe. (www.teleca.com)

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