VELLINGE, Sweden--(BUSINESS WIRE)--Regulatory News:
PartnerTech (STO:PART):
Contract manufacturer PartnerTech AB and Vestas Control Systems A/S, a leading manufacturer of wind turbine generators, have today signed an agreement for the manufacturing and supply of products to Vestas Control Systems.
The agreement will potentially cover the full scale of PartnerTech’s competences within electronics, mechanics, enclosures and system integration, and production will initially cover enclosures delivered from PartnerTech’s units in Norway and Poland. The agreement will generate revenue from the fourth quarter of 2011.
"We are very pleased that a global, successful company like Vestas has chosen PartnerTech as a key supplier. CleanTech is a growing market area where PartnerTech’s broad offer provides a competitive solution", says PartnerTech President and CEO Leif Thorwaldsson.
PartnerTech
PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense and Maritime, Industry, Information Technology, MedTech and Instrumentation, CleanTech and Point of Sale Applications. With almost 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2 billion. PartnerTech AB (www.partnertech.com), the parent company, has its head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange.
PartnerTech AB, corporate identity number 556251-3308
Box 103, Industrigatan 2, SE-235 22 Vellinge, Sweden
PartnerTech (publ) may be required to publicly disclose the information in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for public disclosure at 9.30 am on December 2, 2011.
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