Haldex signs disc brake agreement with Scania

Haldex signs disc brake agreement with Scania Haldex Foundation Brakes, a division in the Haldex group, has signed a development agreement for air disc brakes to Scania's heavy vehicle program. The ongoing customer specific development and field test activities aim at serial deliveries in 2006 The agreement between Haldex and Scania regarding the ongoing customer specific development and field tests, covers the new ModulX series of Haldex disc brakes, specially designed for demanding heavy-duty applications. The disc brake agreement with Scania follows an earlier disc brake serial delivery order from Volvo/Reanult, and confirms Haldex ambition and capability to establish a strong market position in the heavy vehicle air disc brake market. The necessary preparations to manage the increased disc brake volume at Haldex factory in Landskrona, Sweden, have already started, but will require some additional investments and manpower. The Haldex group (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Stockholm Stock Exchange and has annual sales over 6 billion SEK with 4,000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/16/20040616BIT20520/wkr0006.pdf

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.

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