Nefab develops co-operation with Ericsson

Nefab develops co-operation with Ericsson Nefab has signed a frame agreement with Ericsson Segment Operators regarding extended co-operation. The agreement consists of two parts, working with packaging technology and fulfilling the role as First Tier Supplier of packaging materials. Nefab's consultants will function as packaging specialists in development project. The work with packaging technology also includes design, documentation and tests. The role as First Tier Supplier means deliveries of complete packaging solutions. In Sweden Nefab thereafter takes over the contact with about 15 established suppliers of such items as shock-absorbing material, corrosion protection and corrugated-board packaging. The intention is that corresponding actions will take place on other markets. The agreement includes Europe, China and Brazil. For Nefab, the agreement means, an increase in annual sales as from 2001 of about SEK100 M on the Swedish market. Additional volumes on other markets will be added. "The agreement is a very important step for Nefab's development. The competence we have built during a long period of time, will now be applied commercially through sales of services and in the form of an extended range of products. Nefab's international organization, and consequently, its possibility to provide local service on many markets was a highly important factor in the choice of us as First Tier Supplier," says Lars- Åke Rydh, CEO Nefab AB. Ericsson is Nefab's largest customer. Today, Nefab delivers in 13 countries. Sales in 1999 corresponded to about 25% of the Group's total sales of SEK 837 M. For more information, please contact CEO Lars-Åke Rydh, Tel +46-70-592 45 70, e-mail lars-ake.rydh@nefab.se Jönköping, April 3, 2000 Lars-Åke Rydh President and CEO Information about Nefab The Nefab packaging company established in 1949, is market leader in the area of transport packaging manufactured from sheet material and steel. Nefab operates within two business areas - NEFAB ExPak (collapsible export packaging system) and NEFAB RePak (reusable transport-packaging and storage system). Customers are leading international industrial groups primarily within the telecom equipment and automotive industry. Nefab has production units in nine countries - Sweden, Germany, England, France, Spain, the US, Canada, China and Brazil. The products are sold through subsidiaries in seventeen countries which, in addition to the manufacturing countries, are Norway, Denmark, Finland, Netherlands/Belgium, Italy and Singapore/Malaysia. Nefab products are marketed in Switzerland, Austria, Poland, Portugal, Ireland, Japan, South Korea and Australia through co-operation agreements with local companies. Nefab has its own purchasing organization in Russia where plywood, the most important raw material, is procured. The Nefab share is listed on the OTC-List of the OM Stockholm Exchange. Nefab AB (publ) Östra Storgatan 20 . P O Box 2184 . SE-550 02 Jönköping . Sweden Telephone +46(0)36-345050 . Telefax +46(0)36-150444 . Organization No. 556226-8143 Homepage: www.nefab.se . E-mail: info@nefab.se The registered office of the board of directors is in Ovanåker, Sweden ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/03/20000403BIT00240/bit0001.doc http://www.bit.se/bitonline/2000/04/03/20000403BIT00240/bit0002.pdf