Diadrom Systems AB, a subsidiary of Diadrom Holding AB (publ), has in cooperation with Saab Group, business area Dynamics, developed a diagnostic system for the RBS 70 NG sight, a key part of the next generation of the successful RBS 70 missile system. The PC-based solution named OBELISK, will be used throughout the lifecycle of the RBS 70 NG. For the customer of Saab, Total Cost of Ownership (TCO) is an important criterion in the selection of supplier. Due to the advanced diagnostic systems the customer can in cooperation with Saab develop new maintenance concepts that results in significant reduction of Life Cycle Cost (LCC). “This project is a good example of the benefits from addressing diagnostics in the early design phase in order to facilitate efficient handling of the product throughout its lifecycle. We are of course delighted to develop OBELISK for Saab; one of the most important high-tech companies in Sweden. The design of OBELISK has benefited much from our vast industrial experience in diagnostics and the handling of advanced products. Increasingly, companies make investments in diagnostics as part of their product development to enable applications to cut cost and create new business, e.g., conditioning based maintenance and remote services,” says Henrik Fagrell, CEO of Diadrom. “We started to cooperate with Diadrom early in the design phase of RBS 70 NG and found it very valuable. Together we developed the product OBELISK in which we see great benefit both within Saab and for our customers. OBELISK is a very efficient tool for managing the product over its lifecycle and is an important part of our capability to develop innovative solutions to our customers' challenges,” says Lars Liljegren, Development Project Manager RBS 70 NG at Saab Group. The executive management of Diadrom considers the business with Saab to be of strategic importance. Eyer Fondkommission AB (telephone +46 31 761 22 30 alt. www.eyer.se) is the Certified Adviser of Diadrom for NASDAQ OMX First North. Gothenburg September 13, 2011 Henrik Fagrell, CEO Diadrom Holding AB (publ) Org nr 556676-4857 Första Långgatan 19, SE-413 27 Gothenburg Tel: +46 31 774 11 00, Fax: +46 31 774 11 12 For further information about the press release contact: Henrik Fagrell, VD Diadrom Holding AB (publ), telephone +46 733 31 11 10. About Diadrom Diadrom is a leading IT company in the area of diagnostics of software based products. The field of diagnostics will continue to develop into the future as advanced products increasingly are based on software. Diadrom's mission is profitable organic growth by offering specialized professional services and solutions in the area of diagnostics. Diadrom was founded in 1999 and is listed on NASDAQ OMX First North.