New assignment for PartnerTech Telecommunications for SEK 120 million

New assignment for PartnerTech - Telecommunications for SEK 120 million On assignment from Ericsson Radio Access AB, PartnerTech will shortly begin production of a new type of support unit for macro base stations. The support unit, which distributes the mobile signal to every user, is a complete product and will be produced and tested at PartnerTech's plant in Åtvidaberg, Sweden, for further delivery to the operator in the USA. PartnerTech will also manufacture a complete tower mounted amplifier (TMA) for base stations for the mobile telephony. Total annual sales volume for these assignments is estimated at SEK 120 million. "We are very pleased to manufacture complete products under contract for a telecommunications company like Ericsson. This type of assignment goes well with our competence profile and long-term strategy," says Mikael Jonson, CEO of PartnerTech. PartnerTech AB (publ.) develops and manufactures electronic products under contract for leading growth companies, mainly in telecommunications, information technology and medical technology. The company is listed on the Swedish Stock Exchange. PartnerTech's sales volume for the first half of 1999 was SEK 400 million. For additional information, please contact Mikael Jonson, CEO, PartnerTech, telephone +46 (0)70 678 1001 and Torbjörn Hörström, Marketing manager, telephone +46 (0)120 816 77. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/20/19991020BIT00130/bit0001.doc http://www.bit.se/bitonline/1999/10/20/19991020BIT00130/bit0002.pdf