PartnerTech signs framework agreement with ABB SA Products

Contract manufacturer PartnerTech AB has signed a framework agreement for the manufacturing and delivery of electronic components to ABB Substation Automation Products.

The framework agreement covers PartnerTech’s competences within electronics and production will entail printed circuit board assembly from PartnerTech’s units in Sieradz. Deliveries to ABB SA Products are expected to start in the fourth quarter 2012.

"We are very pleased that ABB SA Products has chosen PartnerTech as a Global Key Supplier. This is an good opportunity to capitalize on our investments in the modern and efficient electronics unit in Sieradz”, says Leif Thorwaldsson, President and CEO of PartnerTech.

For more information, please contact:

Leif Thorwaldsson, President and CEO, Tel: +46 (0) 40 10 26 41

Jan Johansson, Vice President Market and Sales, Tel: +46 (0) 40 10 26 53

PartnerTech

PartnerTech develops and manufactures products under contract for leading companies, primarily in Information Technology, Industry, CleanTech, MedTech and Instrumentation, Defense and Maritime and Point of Sale Applications. With almost 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2,3 billion. PartnerTech AB (www.partnertech.com), the parent company, has its head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange.

PartnerTech AB, corporate identity number 556251-3308

Box 103, Industrigatan 2, SE-235 22 Vellinge, Sweden

PartnerTech (publ) is required to publicly disclose the information in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for public disclosure at  3.00  pm on June 19, 2012.