Semcon signs partnership and framework agreement with TA Hydronics AB of Ljung

Semcon signs partnership and framework agreement with TA Hydronics AB of Ljung Semcon has signed a two-year partnership agreement with TA Hydronics AB of Ljung, Sweden. Semcon will provide design and development competence during the concept and product development phases at TA Hydronics. In addition to the partnership agreement, a framework agreement has also been signed concerning Semcon's other services. Tour & Andersson Hydronics AB is a world leader in developing and manufacturing systems for indoor climate control. The partnership agreement means that Semcon will actively contribute resources and competence to the product and development phase at TA Hydronics. Project groups consisting of staff from both Semcon and TA Hydronics will run a number of projects. In addition to this, increased concentration will be put on development of new product concepts. "Our customers are demanding more seamless partnerships, where Semcon fits in as an integrated part of their development team, because they want to have one strong supplier. We can provide a unique combination of skills that boost our customers' results. Our vision of becoming a global leader in design and development is underpinned by this deal," states Hans Johansson, Semcon AB's CEO. For further information, please contact: Reine Lindqvist, MD, Semcon Analysis & Test Center AB, tel: +46(0)31 721 06 05,mobile: +46(0)703 15 82 15 Hans Johansson, CEO, Semcon AB (publ), tel: +46 (0) 31 721 03 05, mobile:+46(0)705 91 43 34 Bengt Nilsson, CFO, Semcon AB (publ), tel: +46 (0) 31 721 03 11, mobile: +46(0)704 47 28 68 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/25/20001025BIT00760/bit0001.pdf http://www.bit.se/bitonline/2000/10/25/20001025BIT00760/bit0002.doc