Xdin wins major order from producer of heavy-duty trucks in North America

Xdin wins major order from producer of heavy-duty trucks in North America A breakthrough in the US market Xdin, Inc. has received an order from one of North America's largest producers of heavy-duty trucks. This is Xdins second international order within one year and a real breakthrough for Xdins US-operations. The project will initially be carried out concurrently in both Sweden and in the USA. Combining forces will make a faster start-up possible and this is a project with a very tight time schedule. Jörgen Lindqvist, Vice President for Xdin, Inc. has this to say: "This is Xdin, Inc. biggest order to date. We're extremely proud to be chosen as a partner in this project and it will give us a chance to show our customers what we're able to do. Our specialized CAD know-how in the field of product development is unbeatable." Bo G Larsson, Project Manager: "In order to accomplish this project on time we will in the beginning work concurrently with our offices in both USA and Sweden. We will use the experience that has been accumulated during more than 10 years of carrying out in-house product development projects. This collaboration will also mean continued development of working methods that are exceptionally efficient." Jörgen Lindqvist adds: "It's mainly our customers in the Automotive sector that keep our development work on course. They are the ones who demand our cutting edge know-how. Contracts like this one force us to continually develop and refine our working methods in order to keep one step ahead of the competition. We have made great progress so far, but we still have a number of exciting new ideas in the works." The order is expected to be worth approximately 1 MUSD. For more information contact Jörgen Lindqvist, Vice President Xdin, Inc. phone +1 757 340 1401 Bo G Larsson, Project Manager phone +46 (0)708 26 6840 Mikael Sievers, Corporate Communications phone +46 (0)31 725 1056 Göteborg January 15, 2003 XDIN AB (publ) About Xdin Xdin is a development company. We use our creativity to develop ideas, products and processes for new-thinking companies. Xdin gives companies the desire and the ability to bring about change by providing services, training and creative tools. Xdin has some 235 employees and has offices in Sweden and the USA. Xdin is a hub company within Bure Equity. For more information about Xdin, see our web site: www.xdin.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/01/15/20030115BIT00020/wkr0001.doc http://www.waymaker.net/bitonline/2003/01/15/20030115BIT00020/wkr0002.pdf