CARDO TAKES ORDER FOR PUMPING STATIONS IN NORWAY Cardo has entered into an agreement on five turnkey pumping stations for the municipality of Sandnes in Norway. The order is worth approximately SEK 35 million. Construction of the plants will begin in late August. The order that has been signed between the municipality of Sandnes on the southwest coast of Norway and Cardo's division Wastewater Technology Solutions, with its corporate brand ABS, is for five turnkey pumping stations for the handling of wastewater. The order includes delivery and installation of all necessary technical equipment such as dry-pit pumps, tanks, pipe systems, and control and monitoring systems. The plants will be delivered gradually during the fall of 2008 and the spring of 2009. All five pumping stations will be in operation in the summer of 2009. “The order for the municipality of Sandnes points to our ability to create technically advanced solutions and exemplifies the fact that turnkey concepts are the right strategy and that our customers are looking for this type of competence,” says Peter Aru, Cardo's President and CEO. Malmö, Sweden, June 26 2008 Cardo AB (publ) For further information, please contact: Peter Aru, President and CEO, tel. +46 40 35 04 53 Maria Bergving, SVP Communications & Investor Relations, tel. +46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com Cardo is an international group with leading brands, offering solutions with quality products, a high level of service and great applications know-how to industrial customers. Operations are pursued in the Group's divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors, which all enjoy strong positions in their respective markets. The Group has approximately 6,000 employees in more than 30 countries and sales of approximately SEK 9.5 billion. Corporate headquarters are located in Malmö, Sweden.
CARDO TAKES ORDER FOR PUMPING STATIONS IN NORWAY
| Source: Cardo AB