Cardo wins order worth SEK 100 million for brake equipment for Danish trains

Cardo wins order worth SEK 100 million for brake equipment for Danish trains Cardo's business area Rail has received an order from the Italian train builder AnsaldoBreda for electronic control and monitoring systems for brakes for 83 new trains, which are to be supplied to the Danish national railway company DSB. This order is worth approximately SEK 100 million and there is an option on equipment for a further 67 trains. As a result of this order, Cardo Rail is further strengthening its position in the Nordic market when it comes to control and monitoring systems. The Danish trains will be equipped both with Rail's new Gemini 2 electronic system, whose functions include control and distribution of the braking force, and with a new compact integrated relay valve for control of brake pressure. The equipment will be produced at Rail's plant in Italy, and deliveries will begin in February 2002. The new diesel-driven trains, each consisting of four cars, are scheduled to operate on the Copenhagen - Århus line. The first trains are expected to enter service in 2003. There is an option on a further 67 trains of the same type. Cardo Rail is a business area in the Cardo group and one of the world's largest manufacturers of brake systems for rail vehicles. Rail's turnover amounts to approximately SEK 2.5 billion. Marketing is conducted under the SAB WABCO trademark. Malmö, Sweden, May 30 2001 Cardo AB (publ) For further information, please contact: Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, +46 40 35 04 00 Cardo is an international engineering group with a turnover of approximately SEK 10 billion. Cardo holds a strong position in the markets for doors, pumps and rail-vehicle brake systems. Cardo has subsidiaries in about 30 countries with the focal point resting in western Europe, and roughly 8,000 employees. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/30/20010530BIT00540/bit0002.doc http://www.bit.se/bitonline/2001/05/30/20010530BIT00540/bit0002.pdf