Orders in the field of hydroelectric power

Press Release
Morphic Technologies AB (publ)                                              
Karlskoga, February 22, 2008


 Orders in the field of hydroelectric power

Morphic's subsidiary Finshyttan Hydro Power AB has received an order from GE
Energy regarding renovation of hydraulic turbines at Gulsele Power Station.

The order is for machining work in connection with renovation of one of the
three turbines at Gulsele Power Station. The power station is owned by E.ON and
is supplied with water from the river Ångermanälven. The turbine to be renovated
is a Kaplan model with a maximum power output of 64 MW. Delivery will be in July
2008.
Gulsele Power Station was built in 1956, and the turbines were supplied by
Karlstads Mekaniska Verkstad. The drop height is about 29 metres and the normal
annual production from all three turbines is 315 GWh.


For further information, please contact:
Johannes Falk, Director of Investor Relations, Morphic Technologies AB
Phone: +46 (0)706- 76 73 93, E-mail: johannes.falk@morphic.se.


Morphic Technologies is a Swedish manufacturer of energy systems based on
renewable electricity production and resource-efficient technologies for
large-series components production. The company conducts operations in Sweden
(Karlskoga, Filipstad, Stockholm and Kristinehamn), Switzerland, Greece and
Italy. The company's B shares are traded on the Stockholm Stock Exchange's First
North marketplace, with Remium Securities as Certified Advisor. More information
on the company is available at www.morphic.se.

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