Agellis receives upgrade order for 0.8 MSEK

AGELLIS Group, which develops and sells systems and solutions to the global metals industry, has received an upgrade order totaling 0.8 million SEK for a measuring instrument to a smelter plant in Europe.

The order relates to a system (EMLI-S) to measure levels in real time in a furnace. The same customer had previously purchased an EMLI-S system which has been very successful and they have now decided to acquire the latest version of the system. This upgrade will give the customer more information about the process in the furnace. This new information allows for improved process optimization.

The system is expected to be delivered during the third quarter of 2012 and handed over to the customer during the fourth quarter of 2012.

"The upgrade order from the original project work is the result of close collaboration with the customer, understanding customer needs and the ability to customize our system," 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-S measures in real time, the liquid metal level in a furnace. An accurate measurement of metal levels in the furnace is a prerequisite for higher yield and increased quality of the metal produced.

For additional information:

Patrik Bloemer, CEO, Agellis Group AB, telephone: 46 46-101 363, cell: 46 733-170 843

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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