MYDATA automation AB has changed name to Mycronic Technologies AB

Täby, 1 July, 2014 – Today MYDATA automation AB has changed its name to Mycronic Technologies AB. The new name will unify the operations of MYDATA and parent company Mycronic AB, former Micronic Mydata AB, under a single brand.

Across the globe, Mycronic’s high-tech solutions are vital for development of many of the technologies changing the world today; from state-of-the-art satellites, industrial electronics to everyday products like smartphones, computers and flat-screen TVs.

“The decision is a part of a natural evolution of the two pioneering brands. As one brand, Mycronic is poised to further strengthen the value we bring to our customers and partners – to meet the fast-changing demands of electronics manufacturers around the world”, says Robert Göthner, Sr VP and General Manager SMT. “Going forward, we will continue to leverage our strengths and cultivate the innovative spirit that makes us who we are as a company. By bringing together world-leading expertise in pattern generation and SMT solutions, we will continue to create new opportunities for electronics manufacturers under a unified Mycronic brand.”

All subsidiaries across the globe will change their names to Mycronic and these procedures were initiated with the name change of the Parent Company to Mycronic AB, 2 June, 2014.

Contact at Mycronic:
Anna Ulinder
Investor Relations
Tel: +46 8 - 638 52 00
anna.ulinder@mycronic.com

About Mycronic AB 
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment to the electronics industry. Mycronic headquarters is located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the United States. For more information see our web site at www.mycronic.com

Mycronic AB (publ) is listed on NASDAQ OMX Stockholm, Small Cap. The information was submitted for publication on 1 July, 2014.

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