Image System's business area RemaSawco receives an order from Holmen AB for just over SEK 3.4 MSEK

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Holmen AB has called an option signed in a previous agreement with RemaSawco AB. The option applies to the board handling system RS-ProSort for the green sorting at the company's sawmill Braviken outside Norrköping. The order value amounts to just over SEK 3.4 MSEK.

Holmen's sawmill Braviken outside Norrköping is Scandinavia's most modern sawmill, and they are now choosing to consolidate that position by continuing the modernization. The order is an option call off from an agreement signed in 2023. The order includes RemaSawco's board handling system RS-ProSort, which is to be installed in the green sorting at Holmen Braviken.

Delivery, installation and commissioning is planned for October 2024.

"We are very happy that Holmen is now taking the next step and going ahead with planned investments in Braviken. We look forward to helping Holmen maintain its position as Scandinavia's most modern sawmill"

Says Emilien Saindon, CEO RemaSawco.

For further information, please contact:
Johan Friberg, CEO, tel: +46 13-200 100, e-mail: johan.friberg@imagesystems.se

Image Systems is a Swedish high-tech company and a leading supplier of products and services in high-resolution image processing. By constantly challenging the market's concept and instead offering new and more efficient solutions, we help our customers achieve increased success in their businesses. The company caters to a large number of industries globally and operations are conducted in two business areas RemaSawco and Motion Analysis. Image Systems has approx. 70 employees in offices in Sweden, Finland and Norway. In 2022, the group had a turnover of SEK 180 million. The share is listed on Nasdaq Stockholm Stock Exchange's Small Cap list and trades under the ticker IS. For further information visit our website www.imagesystemsgroup.se

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We are very happy that Holmen is now taking the next step and going ahead with planned investments in Braviken. We look forward to helping Holmen maintain its position as Scandinavia's most modern sawmill
Says Emilien Saindon, CEO RemaSawco AB