Haldex wins Disc Brake contract

Haldex wins Disc Brake contract A leading German trailer axle manufacturer, SAF (Otto Saurer Achsenfabrik GmbH), has placed another order with Haldex Brake Systems division for air actuated disc brakes. The yearly order value is expected to total over 35 MSEK. This repeat order from SAF reflects an increased demand for the Haldex disc brake among SAF's customers. The Haldex Air Disc Brake was developed to provide heavy truck, trailer, and bus operators with improved disc brake performance, durability and reliability. The brake has been successfully tested by many truck and trailer OEMs. It is also used by the German truck manufacturer Man in the European Truck Racing Series, where it contributed to last season's championship win. The Haldex Brake Systems division is a major supplier of air brake system products to the global commercial vehicle industry. The product range includes compressors, air valves, air dryers, electronically controlled air management (ECAM), antilock braking systems (ABS), automatic brake adjusters, electronic lining wear sensors, complete air disc brakes, and brake lining for drum and disc brakes. Haldex Group is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance & safety. The Group is listed on the Stockholm Stock Exchange and has yearly sales of 6 BSEK with 4,150 employees. The Group has sales companies in Europe, North & South America and Asia. Production takes place at 8 factories in Europe, 8 in the U.S. and 1 in India and Brazil. For further information contact Claes Warnander or Lennart Hammargren, phone +46 8 678 72 70. May 18, 2000 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/18/20000518BIT00840/bit0001.doc http://www.bit.se/bitonline/2000/05/18/20000518BIT00840/bit0002.pdf