PartnerTech: Large new order from C Technologies

PartnerTech: Large new order from C Technologies PartnerTech has extended its collaboration with C Technologies by entering into a new logistics and distribution agreement. In the words of PartnerTech CEO Mikael Jonson, "The order hands us responsibility for final assembly, testing and distribution of the C-Pen 600C and C-Pen 800C. According to our estimates, the order is worth over SEK 100 million to PartnerTech on an annual basis." Since April 2000, PartnerTech has distributed C-Pens from its production unit in Atlanta. The new order is evidence that the collaboration has proceeded smoothly. Jonson adds, "We will carry out final assembly and testing of the pens in Ljungby, after which they will be distributed to Atlanta and the rest of the world." The order is for versions 600C and 800C of the C-Pen, both of which were designed in-house by C Technologies. The product is an electronic data pen with a number of functions, including translation software and a calendar. Mats Lindoff, President of C Technologies says, "We are very pleased with the partnership so far. PartnerTech's flexibility and broad expertise were the decisive factors that convinced us to work with them." PartnerTech develops and manufactures electronics products under contract for leading growth companies, primarily in Infrastructure Telecom, IT/Mechatronics, and Medical Technology. The company, which has some 1,000 employees in Sweden and abroad, is quoted on the O list of the Stockholm Stock Exchange. C Technologies AB (publ) is a young Swedish company with leading-edge competence in the areas of digital camera technology, image processing and digital pens. The company's main product is C-Pen, its prizewinning data pen. For additional information, please contact: Mikael Jonson, CEO, PartnerTech AB, phone +46 40 102 641, mobile +46 70 678 1001. Mats Lindoff, President, C Technologies, phone, +46 46 540 1001. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/10/20010110BIT00200/bit0001.doc http://www.bit.se/bitonline/2001/01/10/20010110BIT00200/bit0002.pdf