This acquisition strengthens Addtech´s present business in the automotive segment. Addtech´s position as a strong automotive partner with niche competence is expected to offer opportunities of expanding the business concept in Europe.

Going forward, the business will be conducted in Stockholm and Sölvesborg. President and responsible for the initiative will be Tommy Haglund.

Solna, December 3, 2001

Addtech AB (publ)

For further information, contact:
Anders Dafnäs, President, Addtech Component Systems AB, +46 8 729 17 27
Tommy Haglund, President, Adiator AB, +46 8 729 17 01
Lars-Olof Strand, Chairman, Alligator AB, +46 456 150 40
Nils-Gunnar Persson, President, Alligator AB, +46 456 150 40

About Us

Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2 300 employees in approximately 130 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 8 billion. Addtech is listed on Nasdaq Stockholm.