ETTEPLAN AND INTERTEK COMMENCE COOPERATION - TECHNOLOGY AND PRODUCTION TRANSFER MORE EFFECTIVELY
ETTEPLAN OYJ PRESS RELEASE SEPTEMBER 14, 2010, AT 02:30 p.m.
ETTEPLAN AND INTERTEK COMMENCE COOPERATION - TECHNOLOGY AND PRODUCTION TRANSFER MORE EFFECTIVELY Etteplan Oyj and the Swedish company Intertek Semko AB as well as Intertek Commercial and Electrical Division China have signed cooperation agreements that apply to businesses in Finland, Sweden and China. The aim of the cooperation is to provide a service portfolio that supports customers' operations on new markets effectively. Global machine and equipment manufacturers broaden their operations by entering new markets with new product launches and production transfers closer to new markets. New market entries require design of products and production and equipment manufacturing according to country's authority regulations and standards. Design needs to be based on up-to-date and accurate information of authority regulations and standards that often change quickly. Intertek can provide this information to Etteplan's customer projects enabling high quality and time saving in technical design work and product information management. Etteplan supports its customers in technology transfers with versatile technical design and product information solutions and localization services. Cooperation, that has commenced with Intertek, broadens service selection even further and functions as an effective part in customer's technology transfer project Etteplan has a strong technical design and product information competence as well as solid long term customer relationships with global machine and equipment manufacturers operating in Nordic countries. Etteplan's strengths include versatile expertise services, efficient operational services and cost effective offshoring from company's units in China. Intertek is a leading provider of quality and safety solutions serving a wide range of industries around the world. Intertek has the expertise, resources and global reach to support its customers through its network of more than 1,000 laboratories and offices and over 26,000 people in more than 100 countries around the world. Intertek Semko AB is a part of Intertek Group plc (LSE: ITRK), which is listed on the London Stock Exchange and is a constituent of the FTSE 100 index. Intertek's Commercial & Electrical unit provides testing and certification services including safety testing and certification, electromagnetic compatibility (EMC) testing, performance testing, and management systems certification. Etteplan Oyj Group Communications Additional information: Peter Jahn, Vice President, Etteplan Enterprise Solutions, tel. +358 44 511 1533 Outi-Maria Liedes, Vice President, HR & Communications, tel. +358 40 756 9620 Pär Zetterberg, Executive Vice President, Intertek Semko AB, tel. +46 8 750 0000 Etteplan as a company: Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defence industries as well as the electricity generation and power transmission sectors, and material flow management. Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services. In 2009, Etteplan had turnover of EUR 98.7 million. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.