Breakthrough in China

Fire Eater A/S, a daughter company of Simtronics ASA, has just completed approval and certifications of the INERGEN system in the Peoples Republic of China. The approval has been executed in cooperation with Tyco, and Tyco will in cooperation with Fire Eater (Shanghai LtD.) exclusively maintain distribution. In the first 12 months this breakthrough is estimated to have a contract value exceeding 2 million US$. The approvel is including 150 bar and 200 bar storage pressure. 200 bar storage pressure is the highest storage pressure covered by Chinese standards, and our 200 bar system will be the first one in China to go over the previous industry market standard of 150 bar, whereby our product has a competitive edge. For further information please contact: Mr Rune Martini, CEO of Simtronics ASA Phone +47 4807 8080 Mr Torbjørn Laursen, Managing Director of Fire Eater A/S Phone +45 4822 2773