Opcon’s Board of directors becomes more international

The Board of directors of Opcon AB, the energy and environmental technology
Group, has decided to co-opt Wendy Lin, representative of the Chinese company,
Snowman, onto the Opcon Board. At the same time, Ulf Ahlén is leaving the Opcon
Board
Opcon’s Center of Excellence for compressor technology, Svenska Rotor Maskiner
(SRM), has been working in close collaboration with Snowman of China since the
summer 2011 on the development of modern, energy-efficient cooling compressors
for production in China. Over the past two years alone, development and
licensing agreements have been signed with Snowman for which contracted fixed
revenues amount to a minimum of almost SEK 90 million, of which SEK 75 million
is for development. Depending on customer sales, revenues over time can be
significantly higher. License revenues for the period 2014-2024 are expected to
exceed SEK 100 million.

In 2013 Snowman became a 10% owner of Opcon through a directed placement of
shares. This share issue was intended to establish a platform for the continued
development of the long-term strategic collaboration that was started with the
aim of linking the companies closer together.

To further this aim of closer cooperation, the Board of Opcon AB has consulted
with Snowman and with Opcon’s largest owner, B.O. Intressenter AB, and decided
to co-opt Wendy Lin, aged 22, a representative of Snowman, onto the Opcon Board.

Meanwhile Ulf Ahlén has chosen not to stand for re-election to the Opcon Board
and has decided to leave his post now in order to let his position be taken by a
representative for Snowman. With the final part of the sale of SEM being
completed in August 2013, Ulf Ahlén considers that his competence within the
auto industry is no longer relevant for Opcon with its present focus while he is
also involved in several other assignments that make demands upon his time.
For further information, please contact

Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. 46 8-466 45
00, 46-70-592 54 53

Opcon AB, Box 15085, 104 65 Stockholm, Sweden
Tel. 46 8-466 45 00, fax 46 8-716 76 61
e-mail: info@Opcon.se

www.Opcon.se
The Opcon Group

Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and resource
-effective use of energy.

Opcon has activities in Sweden, Germany and the UK. There are around 150
employees. The company’s shares are listed on Nasdaq OMX Stockholm. The Group
comprises one business area:

Renewable Energy focuses on the following areas: electricity generation based on
waste heat, bioenergy-powered heating and CHP plants, pellets plants, handling
systems for biomass, sludge and natural gas, industrial cooling, flue gas
condensation, treatment of flue gases and air systems for fuel cells.