Several important orders in hydroelectric power and contract production

Several important orders in hydroelectric power and contract production 

Morphic Technologies' subsidiary, Finshyttan HydroPower AB, has received two
strategically important orders from GE Hydro Inepar AB for renovation of the
hydroelectric power stations in Stensele and Trollhättan. Finshyttan has also
established itself as a subcontractor for the mining industry through
partnerships 
with Outotec and Siempelkamp. The orders are worth about SEK 7 million in total.


Finshyttan has received an order for renovation of turbine details for the
Stensele power station on the Umeälven river in Sweden. The power station, which
is owned by Vattenfall AB, dates from 1960 and consists of a 50 MW Kaplan
turbine. The renovation will be carried out between June and August of this
year.

Finshyttan's order for the Hojum power station on the Göta Älv river is for
renovation of the external idler wheel cover, which has a diameter of 7.1 meters
and weighs 42 tonnes. The Hojum power station has two Kaplan turbines and was
built in 1943. In 1992 a third turbine was added. The station currently has a
capacity of 170 MW. 

Both power stations are owned by Vattenfall and the orders with Finshyttan
HydroPower were placed by GE Hydro Inepar AB.

New market, new country
In contract production Finshyttan HydroPower AB has long had a partnership with
Outotec of Finland. The collaboration has now been expanded through a
partnership between Finshyttan with Siempelkamp of Germany, which supplies the
castings for Outotec's mining equipment. 

During the year Finshyttan has been involved as a subcontractor in two mining
projects, St Vincent and Shalkyia. 

Finshyttan has also received three orders for mining equipment directly from
Outotec.
“The partnership between Finshyttan and Siempelkamp is the result of
recommendations from Outotec. The order represents an entry into a new market
and country. Finshyttan will continue to work on establishing a presence in the
German market,” Håkan Örtqvist, Finshyttan HydroPower's CEO, says.

Finshyttan has for many years had a close partnership with Scana Björneborg,
mainly in heavy machine processing of details for the generator industry. The
company recently received an order from Scana for details for the offshore
industry.

For more information, please contact:
Johannes Falk, Director of Investor Relations, Morphic Technologies AB
Phone: +46 (0)70-676 7393, e-mail: johannes.falk@morphic.se



This is Morphic
Morphic Technologies is a growing Swedish industrial group with operations in
fuel cells, wind power, energy systems and production technology. It has
operations in Sweden, Japan, Greece, Italy and Switzerland, and employs around
170 people. Morphic's B shares have been listed on the OMX Nordic Exchange since
March 4, 2008. The number of shareholders is about 22,000. The company's fiscal
year runs from May 1 to April 30.