Saab Training Systems signs contract with the Ministry of Defene in Austria

Saab Training Systems signs contract with the Ministry of Defense in Austria Saab Training Systems AB in Huskvarna, Sweden, has signed a 63 MSEK contract with the Austrian Ministry of Defense for the supply of Saab laser simulators for army training. The contract includes delivery of a large number of infantry simulators used for Combat Training including the BT47 Small Arms Transmitter and the BT46 Personal Detector Device. The contract was won in international competition after comprehensive trials and evaluations. Delivery will take place in the second half of year 2000. Austria has, like most users of the Leopard main battle tank, already selected the BT 46 simulators for gunnery and combat training to be delivered in the second half of this year. The BT46 simulators are used, among others, by the Swedish, German, British and US Armed Forces and has become the NATO standard gunnery and combat simulator for tanks and anti-tank weapons. Saab AB is active in the aerospace- and defense industry and supplies advanced products and systems based on sophisticated information technology. The business areas are Military Aerospace, Space, Training Systems, Commercial Aircraft and Combitech. Saab Training Systems AB is specialized in military training equipment; laser simulators, target equipment and graphic simulators. It is a wholly owned subsidiary of Saab AB and has 260 employees. The turnover in 1998 was 621 MSEK. For further information, please contact: Johan Ohlson, President, Saab Training Systems AB, tel. +46 36 38 86 01 Hans Standar, Vice President Marketing, Saab Training Systems AB, tel.+46 36 38 87 06 Lars Jagerfelt, Vice President Communication and Public Affairs, Saab AB,tel. +46 13 18 71 65 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/19/19990819BIT00170/bit0001.doc http://www.bit.se/bitonline/1999/08/19/19990819BIT00170/bit0002.pdf

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