ETTEPLAN AND SJÖLAND & THYSELIUS COMMENCE COOPERATION - INCREASED EFFICIENCY TO HIGH TECHNOLOGY PRODUCT DEVELOPMENT PROJECTS
ETTEPLAN OYJ PRESS RELEASE JUNE 30, 2010 AT 01.00 P.M.
ETTEPLAN AND SJÖLAND & THYSELIUS COMMENCE COOPERATION - INCREASED EFFICIENCY TO
HIGH TECHNOLOGY PRODUCT DEVELOPMENT PROJECTS
Etteplan Oyj and Sjöland & Thyselius Holding AB have signed a cooperation
agreement that helps the companies to offer customers a broad combination of
expertise services. From Etteplan's side the cooperation partner is Etteplan's
subsidiary LUTAB AB. LUTAB AB and Sjöland & Thyselius (S&T) concentrate on high
technology product development services for machine and equipment manufacturers
developing renewable energy sources, aviation, space and defence equipment
industry as well as car and train manufacturing companies.
The cooperation aims to shorten customers' product development project time with
the help of integrated expertise services and efficient service processes.
Cooperation offers customers a combination where versatile expertise of
different engineering areas and S&T's STARCS wind tunnel offering of measuring,
calculation and testing services, are combined. The overall service includes
among others concept design of new product or system, engineering of demanding
composite and other structures and their optimization. With the overall service
provided together, it is ensured that new products fulfil the strict
aerodynamic, material, strength and production as well as other required
criteria even more efficiently. Examples of engineering assignments are
optimization of aeroplane motors' air intake, engineering of wind turbines for
wind power plants and aerodynamic design of trains.
Companies' competence areas complement each other. LUTAB AB is especially strong
among others in requirement management, system safety, engineering analysis and
aeronautics. S&T companies specialize in system development and integration,
information architecture, aerodynamics, modelling and simulation as well as
communication technology. Companies' service networks complement each other and
support customers' global business effectively.
The cooperation offers both companies a possibility to significant organic
growth in chosen market segments.
Sjöland & Thyselius Holding AB is a Swedish company that includes 16 advanced
technology expertise companies.
Hollola, June 30, 2010
Etteplan Oyj
Group Communications
Additional information:
Peter Jahn, Vice President, Etteplan Enterprise Solutions, tel. +358 44 511 1533
Outi-Maria Liedes, Vice President, HR & Communications, tel. +358 40 756 9620
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com
Etteplan is a specialist in industrial equipment engineering and technical
product information solutions and services. Our customers are global leaders in
their fields and operate in areas like the automotive, aerospace and defence
industries as well as the electricity generation and power transmission sectors,
and material flow management.
Etteplan has comprehensive competence in electronics and embedded systems
development, automation and electrical design, mechanical design and technical
product information solutions and services.
In 2009, Etteplan had turnover of EUR 98.7 million. Etteplan's shares are listed
on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.
