Strategic order for heavy subcontract work

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


Strategic order for heavy subcontract work

Morphic's subsidiary Finshyttan Hydro Power has received an order for heavy
machining for the established German group Siempelkamp. The order is the
beginning of a long-term collaboration with major potential.

The order involves machining of components for process systems in the mining
industry. Part of these systems is drums used for refining minerals. The drums
are manufactured by Siempelkamp, and Finshyttan will be machining the ends of
the drums. One end section can weight up to 40 tonnes ready-machined.
”This is a strategically important order for us. Siempelkamp may soon become one
of Finshyttan's biggest customers," says Håkan Örtqvist, CEO of Finshyttan Hydro
Power AB.
Finshyttan will be collaborating with Siempelkamp Giesserei - the foundry
section of the German group (see also www.siempelkamp.com under Foundry).
Siempelkamp Giesseri has around 450 employees, and its operations include the
fields of wind power, turbines, nuclear power, the mining industry and
machine-shop tools. The foundry has the capacity to cast components weighing up
to 300 tonnes.


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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