Haldex Selected to Supply Air Brake Systems for 32,000 United States Government Vehicles

Haldex Selected to Supply Air Brake Systems for 32,000 United States Government Vehicles Haldex has been selected to supply critical brake system components for model M939 trucks operated by the US Government and stationed around the world. The value of this business will total over USD 20 m. over a 6 year period. A total of 32,000 vehicles will be retrofitted with modern braking systems in order to upgrade the performance and safety of the vehicles. The Brake Systems Division of the Haldex Group was selected to supply antilock braking systems (ABS), air dryers, various pneumatic valves and brake lining friction materials for this project. The comprehensive line of air system components offered by Haldex and the company's long experience with braking systems for heavy duty commercial vehicles were primary factors in its selection as a supplier for this project. The Haldex Brake Systems Division is a leading supplier of air brake system components to the global commercial vehicle industry. These air system components include air compressors, air valves, antilock braking systems, brake actuators, lining wear sensors, automatic brake adjusters, air actuated disc brakes and lining friction materials. Haldex is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance & safety. The Group is listed on the Stockholm Stock Exchange and has yearly sales of USD 700 m. with 4,300 employees. The Group has sales companies in Europe, North & South America and Asia. Production takes place at 9 factories in Europé and 9 in the U.S. as well as in a joint-venture in India. For further information contact Chuck Kleinhagen, phone +1 816 891 2470, Claes Warnander or Lennart Hammargren, phone +46 9 678 72 70. . June 15, 1999 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/06/15/19990615BIT00180/bit0001.pdf http://www.bit.se/bitonline/1999/06/15/19990615BIT00180/bit0002.doc

About Us

Haldex develops, manufactures and distributes products for brake and suspension systems for commercialvehicles. Our customers include manufacturers of heavy trucks, buses and trailers, and axle manufacturersfor these types of vehicles. Other applications as agriculture and special vehicles are also served. Theproduct portfolio comprises all of the main components and sub-systems included in a complete brake orsuspension system. Haldex, with headquarters in Landskrona, Sweden, has a global presence in terms of sales, research, development, technical serviceand production. Net sales amounted to approximately 3.9 billion SEK in 2013. Manufacturing takes place inSweden, Germany, Hungary, China, India, Brazil, Mexico and the USA. The company employs 2 135 people.