PartnerTech and SWE-DISH Expand Cooperation: New order worth SEK 100 million annually for PartnerTech

PartnerTech and SWE-DISH Expand Cooperation: New order worth SEK 100 million annually for PartnerTech PartnerTech, a contract manufacturer, and SWE-DISH Satellite Systems, a world-leading supplier of mobile satellite communications equipment, have signed a letter of intent to launch a major strategic alliance. The new outsourcing assignment from SWE-DISH will boost PartnerTech's annual sales by approximately SEK 100 million over the next three years. SWE-DISH, whose products were used by major television networks during the recent war in Iraq, has turned to PartnerTech for assistance in the development, new product introduction, manufacture and management of additional product families. "Our association with PartnerTech, which started late in the summer of 2003, has turned out very well," says Lars Jehrlander, CEO of SWE-DISH. "So building on that relationship is a logical and strategically sound next step. We're confident that having PartnerTech working closely at our side, as an integrated partner, will strengthen our competitiveness." "Dealing with products that are at the technological and industrial cutting edge worldwide is both challenging and instructive," says PartnerTech CEO Mikael Jonson. "Since SWE-DISH is entrusting us with the whole gamut from product development to management, we will be in a position to design solutions that are even more attractive." For additional information, please feel free to call: Mikael Jonson, CEO, PartnerTech AB: +46 70-678 10 01 Lars Jehrlander, CEO, SWE-DISH AB: +46 8-728 50 07 SWE-DISH Satellite Systems is a world-leading supplier of mobile satellite communications equipment and related services for broadband applications. The company provides broadcasters, armed forces and disaster relief organizations with compact and quick-to-air satellite terminals for live transmission of video, data, internet and voice content from anywhere in the world. Among SWE-DISH customers are CNN, BBC, British Telecom, Ericsson and Telia. The company was founded in 1994. PartnerTech develops and manufactures electronic products under contract for leading companies, primarily in telecommunications, IT, the engineering industry and medical technology. The company (www.partnertech.se), which has approximately 1,150 employees, posted sales of more than SEK 1.3 billion in 2003 and is quoted on the O list of the Stockholm Stock Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/08/20040308BIT20390/wkr0006.pdf I pdf