TOMRA wins USD 18.5 million contracts with large agribusiness company in the US

TOMRA Sorting Solutions, through the merger of Odenberg and BEST, has in the last three months been awarded contracts totalling 18.5 million USD. The order is for optical sorting and peeling equipment to be used at a new high capacity food processing plant in the US.

Delivery is estimated to start early 2013, and the solutions will be used for the processing of both French fries and associated products at the new plant.

 "The acquisition of BEST was recently completed, and we are very pleased to see the first results of the merger between Odenberg and BEST", comments TOMRA President and CEO, Stefan Ranstrand.  These contracts are the first acknowledgement of our market oriented strategy, and how the combined technologies of Odenberg and BEST make us a preferred supplier", says Ranstrand.

"TOMRA Sorting Solutions now has an extensive product portfolio of sorting, steam peeling, and process analytics technologies, which was a crucial factor for the customer when deciding for TOMRA", explains Rune Marthinussen, Head of TOMRA Sorting Solutions. "In addition, our global product support organization and track record played a key role in securing this deal", Marthinussen concludes.

For more information contact Deputy CEO/CFO Espen Gundersen (+47 97 68 73 01) or Investor Relations Elisabet Sandnes (+47 97 55 79 15)

TOMRA was founded on an innovation in 1972 that began with design, manufacturing and sale of reverse vending machines (RVMs) for automated collection of used beverage containers. Today TOMRA has installations in over 80 markets worldwide and had total revenues of ~3.7 billion NOK in 2011. TOMRA has approximately 2,100 employees and is publicly listed on the Oslo Stock Exchange. The TOMRA Group continues to innovate and provide cutting-edge solutions for optimal resource productivity within two main business areas: Collection Solutions (reverse vending, material recovery and compaction) and Sorting Solutions (recycling, mining and food sorting).For further information about TOMRA, please see www.tomra.com