Celsius Metech acquires Danish Aerotech

3/23/1999 3:03 AM EST

's calibration business

Celsius Metech AB, which is part of business unit Celsius Aerotech, is
establishing operations in Denmark and Germany by acquiring the calibration
division of Danish Aerotech. Operations are located at Karup airport, on the
Danish island of Jutland, with an additional unit in Kiel. With sales of
around SEK 30 M, the division has some 60 employees.

Operations include calibration and measurement services for electrical and
mechanical measuring instruments. The division offers a complete range of
services, as well as administrative support and consultancy, in these core
competences. The acquisition is significant in that it represents one more
step towards consolidating Celsius Metech's position as one of northern
Europe's leading providers of calibration and measurement services.

For further information, please contact Kjell Göthe, Vice President/Corporate
Communications at Celsius, on + 46 (0)8 - 463 00 19 or + 46 (0)70- 583 95 44
(mobile).

Celsius is an international advanced-technology and knowledge based
corporation, which in close interaction with its customers develops,
manufactures and maintains advanced systems, products and services within core
areas Defence and Aviation Services.

Based on a platform of comprehensive competence, new businesses with strong
growth potential are developed for the military and commercial markets.

Celsius, with sales of about SEK 14 billion, has some 11 000 employees.