Systemair launches a new company in Australia

Systemair launches a new company in Australia

Leading ventilation company Systemair is to launch a new company in Australia.
The new company, Systemair Australia Pty.Ltd., will strengthen its positions in
Australia and New Zealand.
The new office and warehouse is situated in Melbourne and the first stock
deliveries will arrive from Sweden and Germany during December."At the moment we market a limited product range via distributors. With a local
company we can grow our sales of Systemair´s entire product range", says Gerald
Engström, CEO for Systemair. "The new company will be headed up by Managing
Director Ivan Smolcic, who has vast experience in the ventilation business in
Australia and New Zealand and we are confident that this is a great opportunity
for the development of the Systemair brand in Australia and New Zealand."

Systemair in brief
Systemair is a leading ventilation company with its main activities in Europe
and in North America. The company turned over 280 MEUR during the financial year
2006/2007 and has more than 1700 employees. Systemair has a well established
presence in growth markets, especially in Central and Eastern Europe including
Russia. The Group comprises of some 50 companies. The Group´s products are sold
under the brand names Systemair, Frico, VEAB and Fantech. Since the formation of
Systemair in 1974 the company has increased its sales every year, always
producing positive results. During the last ten years the company has achieved
an average annual growth of 16 percent. Systemair is listed on the OMX Nordic
Exchange since October 12, 2007

For more information, contact
Gerald Engström, CEO, +46 222 440 01, or +46 705 190 001 Glen Nilsson, CFO, +46
222 440 03 or +46 706 544 003