Atlas Copco honors industrial designers and innovative product developers

Atlas Copco honors industrial designers and innovative product developers

Stockholm, Sweden, April 14, 2010: Atlas Copco brings industrial design and
product development to the forefront at its Annual General Meeting on April 28,
presenting the winners of the Group's two top prizes, the Peter Wallenberg
Marketing and Sales Award and the John Munck Award. 

The Peter Wallenberg Award goes to the Industrial Design Group of Atlas Copco
Rock Drills AB, led by Alex Liebert. The team has created a strong platform for
marketing and sales of the Group's three largest brands; Atlas Copco, Chicago
Pneumatic and Dynapac. The design language developed by the team provides each
brand with a unique look and feel across product ranges, helping to create
attractive and ergonomic products that clearly visualize benefits such as
productivity and safety. 

The John Munck Award rewards the development of the STwrench, a tool for quality
assured tightening, with a modular design that lets customers adapt
functionalities and budget according to their own needs. With four patents, the
STwrench is unique on the market, offering a whole new approach to manual
assembly operations. The award winners are Massimiliano Cattaneo, D&D Manager
and Sergio Giannone, R&D Manager, together with their team from Atlas Copco BLM
in Italy.

“Through their successful work, Alex Liebert and his team have positioned
themselves as an industrial design competence center for the entire Atlas Copco
Group. They have proven a great asset for the marketing of our products,” says
Ronnie Leten, President and CEO. “The developers behind the STwrench deserve
praise for developing a tool that, despite the tough economic climate last year,
reached new sales records every month. This is a clear illustration of the need
to also in difficult times develop innovative products that add value for our
customers.”

Dr. Peter Wallenberg, honorary chairman of Atlas Copco AB, worked for the Group
for 20 years before serving as Chairman of the Board from 1974 to 1996. The
Peter Wallenberg Marketing and Sales Award recognizes the most innovative
successfully implemented method in the field of sales and marketing. 

John Munck was one of Atlas Copco's most successful engineers. He worked for the
Group between 1930 and 1970 as Technical Director among other positions. The
John Munck Award is presented each year to a product developer or designer, or a
team, for outstanding contributions to the overall quality of an Atlas Copco
product.

For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060

Atlas Copco may be required to disclose the information provided herein pursuant
to the Securities Markets Act. 

Atlas Copco is an industrial group with world-leading positions in compressors,
construction and mining equipment, power tools and assembly systems. The Group
delivers sustainable solutions for increased customer productivity through
innovative products and services. Founded 1873, the company is based in
Stockholm, Sweden, and has a global reach spanning more than 170 countries. In
2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0).
Learn more at www.atlascopco.com.