Micronic Laser Systems AB announces its intention to acquire MYDATA automation AB

Täby, Sweden – April 21, 2009 – Micronic Laser Systems AB (OMX Nordic Exchange Stockholm, Nordic list, Small Cap, Information Technology: MICR), announces its intention to acquire MYDATA automation AB.

Summary
• Micronic Laser Systems and Skanditek Industriförvaltning have signed a letter of intent whereby Micronic intends to acquire MYDATA automation.

• The transaction is structured so that Micronic Laser Systems acquires MYDATA automation from Skanditek Industriförvaltning and the minority shareholders against payment in the form of newly issued shares in Micronic. Following the transaction, Skanditek Industriförvaltning will be the largest shareholder in Micronic, owning approximately 38 per cent of the capital and votes.

• Combining Micronic and MYDATA will create large potential within the market for electronic packaging using Micronic’s and MYDATA’s complementary knowledge and experience in the area. The transaction is expected to result in operational synergies as well as reduced financial volatility for the combined company.

• The combined company will have annual sales of SEK 1.2 billion (based on 2008 performance), approximately 640 employees and operations in 11 countries around the world.

Presentation and Q&A
A conference call will be held this afternoon at 15:30 CET where investors, analysts and media will be given the opportunity to ask questions.
Call in details: Persons interested in participating on the conference call, please email ankie.jorgne@micronic.se or call Ankie on +46 8 638 54 64 no later than 13.00 CET in order to receive call in details.

To read the complete pressrelease, please see the PDF-file

Contact persons
Lena Treschow Torell, Chairman of the Board of Directors: +46 8 638 52 00
Sven Löfquist, President & CEO: +46 8 638 52 00