Press Release
For Immediate Distribution
* SinterCast Mini-System 3000 to be shipped during fourth quarter of 2012
* Ongoing product development for high performance cylinder block, head and
bedplate
* Tenth installation in the Asian market and further growth in the industrial
power sector
[Stockholm, 18 October 2012] - Building on SinterCast's longstanding support of
Compacted Graphite Iron (CGI) product development in the industrial power
sector, an undisclosed Asian OEM has ordered a Mini-System 3000 to support
ongoing product development in its foundry. At the request of the OEM, the
details of the installation and the engine programme must remain confidential
until the planned series production launch, although SinterCast can confirm that
the cylinder block, the cylinder head and the bedplate are all under development
in CGI. The Mini-System 3000 will be shipped during November 2012 and
commissioned during January 2013.
"This agreement marks our tenth installation in Asia, broadening our presence
and brand awareness in the critical Asian market and providing new opportunities
to increase our production of components other than automotive cylinder blocks
and heads" said Dr Steve Dawson, President & CEO of SinterCast. "Despite the
current economic climate, we are experiencing a clear increase in CGI product
development and installation planning. This increase will allow us to deliver
on our commitment to secure three new installation commitments before the end of
2012 and will also provide new installation opportunities during 2013. We look
forward to supporting the CGI product development activities for this high
performance engine and increasing our presence in the industrial power sector."
Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel: +46 8 660 7750
e-mail: steve.dawson@sintercast.com
SinterCast is the world's leading supplier of process control technology for the
reliable high volume production of Compacted Graphite Iron (CGI). With at least
75% higher tensile strength, 45% higher stiffness and approximately double the
fatigue strength of conventional grey cast iron and aluminium, CGI allows engine
designers to improve performance, fuel economy and durability while reducing
engine weight, noise and emissions. The SinterCast technology is used for the
production of more than 50 CGI components, ranging from 2 kg to 17 tonnes, all
using the same proven process control technology. The end-users of SinterCast-
CGI components include Aston Martin, Audi, Cameron Compression, Caterpillar,
Chrysler, DAF Trucks, Ford, Ford-Otosan, General Electric Transportation
Systems, General Motors, Hyundai, Jaguar, Jeep, Kia, Lancia, Land Rover, MAN,
Navistar, Porsche, PSA Peugeot-Citroën, Renault, Rolls-Royce Power Engineering,
Scania, Toyota, VM Motori, Volkswagen, Volvo and Waukesha Engine. The SinterCast
share is quoted on the Small Cap segment of the NASDAQ OMX stock exchange
(Stockholmsbörsen: SINT). For more information: www.sintercast.com
END
[HUG#1649987]
