Agellis receives order for 75 KEuro from a North American steel plant

AGELLIS Group, which develops and sells products and solutions to the global metals industry, has received an order totaling 75 KEuro for a measurement system at a steel plant in North America.

The order relates to a system (EMLI-T) that will measure the steel level in tundishes at a continuous casting machine. The order was preceded by a demonstration which showed an attractive payback time when using our system. The EMLI-T system is expected to be delivered during the third quarter and handed over to the customer during the fourth quarter of 2013.

"The short trial of the EMLI-T showed plant operational benefits and an attractive payback time, which convinced the plant to order the system. Demonstrations are an important marketing tool for us even if we have a good reference list. Such tools help to get orders when the investment climate is tough" says Patrik Bloemer, CEO of Agellis.

For competitive reasons, Agellis chooses not to mention the end user plant by name.

All Agellis products are based on a common electronic platform called EMLI. EMLI T (Tundish) measures the steel level in a tundish with high accuracy, independent of slag and powder thickness. A reliable measurement of the steel level in the tundish helps the plant to increase production and obtain a higher yield.

Patrik Bloemer, CEO, Agellis Group AB, telephone: 46 46-10 13 63, cell: 46 733-17 08 43

AGELLIS Group AB develops and markets modern, robust solutions for global metal producers. Agellis offers products for level measurement which facilitate increased automation of production. Agellis customers are based all around the world and include Sandvik Materials Technology in Sweden and several plants within the ArcelorMittal group. Agellis was founded 2002 and is listed on NASDAQ OMX First North. More information can be found at www.agellis.com

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