Atlas Copco presents marketing and innovation awards

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Stockholm, Sweden, April 6, 2011: Atlas Copco will at the Annual General Meeting on April 20 present two awards: one for the development of a pick hammer with dramatically reduced vibration levels and one for the introduction of a new strategy to further increase customer satisfaction related to compressor service.

“The winners of these awards have made important contributions to two of Atlas Copco’s top priorities: increasing our customers’ productivity in a sustainable way and becoming an even more customer-centric organization,” says Ronnie Leten, President and CEO of the Atlas Copco Group. “We are proud to have colleagues who embody our ambition to take an innovative approach to everything we do.”

The John Munck Award for technical innovations goes to the development team for handheld breakers at Atlas Copco Construction Tools in Kalmar, Sweden. Olof Östensson, Thomas Lilja and Ola Davidsson have created a pick hammer that significantly reduces the amount of vibrations affecting the operator. This makes it possible to work for much longer than with a standard machine. The new pick hammer has been well-accepted on the market and is for example being used widely at the expansion of the Panama Canal.

The Peter Wallenberg Marketing and Sales Award will be presented to the Compressor Technique Service division, represented by Nico Delvaux, Dirk Beyts, Wouter Ceulemans and Peter Leemans. The division has defined tangible key performance indicators that steer activities towards customer loyalty and highlight how everybody in the organization can contribute. Combined with increased efforts on training related to customer interaction, the division has an integrated approach that will lead to higher levels of customer satisfaction and ultimately increased revenues for Atlas Copco.

John Munck was one of Atlas Copco's most successful engineers. He worked for the Group between 1930 and 1970 as Technical Director among other positions. The John Munck Award is presented each year to a product developer or designer, or a team, for outstanding contributions to the overall quality of an Atlas Copco product.

Dr. Peter Wallenberg, honorary chairman of Atlas Copco AB, worked for the Group for 20 years before serving as Chairman of the Board from 1974 to 1996. The Peter Wallenberg Marketing and Sales Award recognizes the most innovative successfully implemented method in the field of sales and marketing.

For further information please contact:
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had about 33 000 employees and revenues of BSEK 70 (BEUR 7.3). Learn more at www.atlascopco.com.

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