Haldex secures orders for Jungheinrich and STILL - total order value SEK 143 million

Haldex secures orders for Jungheinrich and STILL - total order value SEK 143
million

Haldex has secured an order for a new series of hydraulic power units from
Jungheinrich. The order received from STILL is for pumps for electric lift
trucks. The total order value amounts to SEK 143 million.

Jungheinrich is one of the world's leading suppliers of forklifts and
inventory-logistics solutions. The new series of hydraulic units were
specifically developed for Jungheinrich and are intended for use in the
company's walkie/walkie stacker (pedestrian pallet trucks). They were designed
to satisfy demands for reduced noise levels and precision maneuvering.
Manufacturing will commence by year-end 2009 at Haldex's plant in
Skånes-Fagerhult, Sweden, and the products will be launched in order of model
until year-end 2011. 

The order is valued at SEK 113 million over a five-year period. 

The order received from STILL, one of Europe's largest manufacturers of
forklifts, is for pumps that power the steering, lifting and tilt functions on
electric lift trucks.  

The pump family, known as Calma (WQII), is extremely quiet with up to 85% less
noise, and is also distinguished by low energy consumption. Calma is primarily
intended for various electrically powered vehicles, including forklift trucks,
aerial work platforms and other mobile equipment. 

The Calma pumps were launched by Haldex in early 2009 and were developed in
partnership with the University of Technology in Dresden, Germany. The pumps are
available globally from Haldex plants in Asia, Europe and the US.

The order is valued at SEK 30 million over a five-year period.

“Haldex has a global presence and world-leading customers, which is a strategic
strength,” says Haldex CEO Joakim Olsson. “We develop and commercialize
innovations, often in partnership with our customers, to provide maximum
customer value. Serving world-leading customers subjects the company to
considerable demands, while also signifying recognition of Haldex as a leading
global manufacturer and market driver within its market segments.” 

The Haldex Group's Hydraulics Systems Division offers a broad product range of
gear and gerotor pumps, which form the base of a wide range of hydraulic power
systems. The primary application areas include forklifts and construction
machinery, as well as truck applications in which the products are mainly used
for lifting applications and assistance systems.  The division is also market
leader within pump technology for diesel engines. The pumps are used to pump
lubricating oil, coolants and diesel fuel. With proprietary products Haldex has
unique technology for coping with demands for lower emissions of harmful exhaust
gases from engines. Haldex technology for electronic control of hydraulic
systems, EMS, that combines hydraulics and electronics to provide improved
efficiency and lower energy consumption, creates opportunities for hydraulic
hybrid vehicles.

For further information, please contact: 
Joakim Olsson, President and CEO, Tel: +46 (0)8-545 049 52 or
Ian Dugan, Head of Hydraulic System, Tel: +44 (7836) 528 105


Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of
proprietary and innovative solutions to the global vehicle industry, with focus
on products in vehicles that enhance safety, environment and vehicle dynamics.
Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of
nearly 8.5 billion SEK in 2008. The number of employees amounts to about 5,000.
 



Haldex discloses the information in this press release according to the Swedish
Securities Market Act and/or the Swedish Financial Trading Act. The information
was provided for public release on Monday September 7, 2009.