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This has every opportunity of developing into significant business for Opcon. The customer indicates yearly sales for Opcon of some 10-40 million SEK already from 2013. This is yet another important step forward in developing our strategic activity in China. Our investment here is starting to bear fruit
Rolf Hasselström, President and CEO of Opcon AB
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Opcon’s rights issue is oversubscribed

Opcon AB (publ) (hereafter referred to as “Opcon” or “the Company”) has completed the rights issue of shares with preferential rights for existing shareholders that was agreed at the Extra General Meeting on 6 October 2011. The rights issue was oversubscribed and the Company will raise around SEK 130 million before costs.During the period 17-31 October 2011 Opcon has performed a rights issue of shares with preferential rights for existing shareholders. Subscription rights were used to subscribe for 98.7% of the rights issue. In addition, another 18% were subscribed for without subscription

Opcon’s partner in Australia announces signing of Memorandums of Understanding

Enerji Ltd. (ERJ:ASX) of Australia, the customer, partner and part-owned subsidiary of Opcon AB, the energy and environmental technology Group, has announced in the past few days that it has signed memorandums of understanding (MoU) with two potential customers concerning assessment of the viability of installing Opcon Powerbox at the customers’ sites. Enerji has signed one of MoUs with Energy Developments Ltd. (EDL), a multinational company and Australia’s largest independent remote energy business in the 1 to 100 MW field. EDL operates power plants at 32 remote sites in Australia.

Change in total number of shares in Opcon AB

With reference to chapter 4 section 9 of the Swedish law (1991:980) regulating trading in financial instruments, Opcon hereby announces that the number of shares in Opcon AB as of 31 August 2011 amounts to 26,034,227, an increase of 875,000 shares compared with last month. The increase is due to newly issued shares in connection with the rights issue communicated on August 24 at an average price of SEK 15,73 which has now been registered at the Swedish Companies Registration Office. For further information, please contact:Niklas Johansson, vice president, Investor Relations, tel. +46 8

Chinese auto maker Youngman selects Opcon China

Opcon Technology (Suzhou) CO., Ltd (OTS), a subsidiary of Opcon, the energy and environmental technology Group, has signed a Letter of Intent (LOI) concerning the manufacture of components for Youngman Automotive, of Jinhua, China www.young-man.cn an expanding company with around 4,000 employees. Deliveries are expected to start in 2011. Youngman, which has a history of manufacturing primarily buses, has been approved by the Chinese National Development and Reform Commission for production of cars as part of China’s efforts to develop its own car brands and produce cars with lower

Leading Swedish energy technology keeps Chalmers warm

Opcon Bioenergy, a subsidiary of Opcon, the energy and environmental technology Group, has received an order from Akademiska Hus Väst, the second largest property company in Sweden, which during the summer of 2011 will install Opcon Bioenergy’s leading technology for flue gas condensation to improve the energy efficiency of the boiler system at Chalmers University of Technology. The boiler system is included in a research infrastructure and is run primarily on biomass. The boiler is an important part of Chalmers’ research and education programme, and the installation of flue gas

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