PartnerTech acquires Aerodyn AB

PartnerTech has acquired Aerodyn AB, a company focused on contract manufacturing
of heavy components for ship propulsion with propeller systems or water jets.
The company’s estimated yearly turnover is approximately 40 MSEK and it will be
consolidated into the operating segment Machining from the second quarter 2012.
Aerodyn employs some 20 people and is based in Karlskoga, Sweden.

”The aim of the transaction is to broaden our customer base within Machining as
well as develop our offering within the Defense and maritime market area.
Aerodyn’s deep expertise in advanced machining of large components is an
excellent complement to our existing offer. The acquisition of Aerodyn means
that PartnerTech can offer component weights from a few grams to several tonnes
manufactured in accordance with high customer requirements in our units in
Sweden and Poland ,” says Leif Thorwaldsson, President and CEO of PartnerTech.
For more information please contact:

Leif Thorwaldsson, President and CEO, Tel: +46 (0) 40 10 26 41

Åke Bengtsson, CFO, Tel: +46 (0) 40 10 26 42
PartnerTech

PartnerTech develops and manufactures products under contract for leading
companies, primarily in Information Technology, Industry, CleanTech, MedTech and
Instrumentation, Defense and Maritime and Point of Sale Applications. With
almost 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK,
the United States and China, PartnerTech reports annual sales of more than SEK
2,3 billion. PartnerTech AB (www.partnertech.com), the parent company, has its
head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm
Exchange.

PartnerTech AB, corporate identity number 556251-3308

Box 103, Industrigatan 2, SE-235 22 Vellinge, Sweden

PartnerTech (publ) is  required to publicly disclose the information in this
press release pursuant to the Swedish Securities Market Act and/or the Swedish
Financial Instruments Trading Act. The information was submitted for public
disclosure at 1 pm on May 23, 2012.