New Telecommunication contracts

New Telecommunication contracts PartnerTech has received two new assignments from customers within the area Telecommunication which both concern production of complete products. From Ericsson, an assignment to produce a complete product that filter and manage the signal from the mobile terminal to the base station. Annual value is anticipated to be 30-50 MSEK. From Kreatel, an assignment to produce a router that selects cheapest telecom operator. The order value is anticipated to be 10-15 MSEK during this fall. PartnerTech AB (public listed) develops and manufactures electronic products under contract for leading growth companies, mainly within telecommunications, information technology and medical technology. The company is quoted on the Swedish Stock Exchange and had for the first six months 1999 net sales of almost SEK 400 million. Additional information can be provided by PartnerTechs' CEO Mikael Jonson, tel: +46 70 678 1001 or Marketing manager Torbjörn Hörström tel: +46 120 816 77. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/12/19990812BIT00020/bit0001.doc http://www.bit.se/bitonline/1999/08/12/19990812BIT00020/bit0002.pdf

About Us

PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense and Maritime, Industry, Information Technology, MedTech and Instrumentation, CleanTech and Point of Sale Applications. With upwards of 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2 billion. PartnerTech AB (www.partnertech.com), the parent company, has its head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange.

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