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Systemair receives further orders for infrastructure projects in India

September 2, 2010, 13:30
Regulatory information
  Systemair has received three orders worth together approximately 14 millionSEK in India. In India there are a number of ongoing major infrastructureprojects. Ten new airports will be built and 35 will be updated/upgraded.Kolkata Airport is one of India's largest airports. Systemair delivers a varietyof ventilation products to an order worth approximately 5 million SEK, anddelivery of products will start at the beginning of November.Delhi Metro Rail Cooperation and Delhi Airport Metro Express Line orders arelinked to the breakthrough order we had to Delhi Airport in 2009. Ventilationproducts for a value of approximately 9 million SEK delivered to these twoprojects."-There are a number of major infrastructure projects in India where we see agreat potential to contribute and deliver our products. These are threeprestigious orders that clearly strengthens our position in India", saysSystemairs CEO Gerald Engström.For further information contact:Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01Paresh Mishra, Sales Director India, + 91 99 1010 5570Systemair AB, 739 30 Skinnskatteberg, Sweden, +46 222 440 00,www.systemair.comSystemair in briefSystemair is a leading ventilation company with operations in 39 countries inEurope, North America, the Middle East, Asia, Africa and Australia. The Companyhad sales of SEK 3.2 billion in financial 2009/10 and currently employs about2,300 people. Systemair has reported an operating profit every year since 1974,when the Company was founded. During the past 15 years, the Company's growthrate has averaged about 15 percent.Systemair has well-established operations in growth markets. The Group'sproducts are marketed under the Systemair, Frico, VEAB and Fantech brands.Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchangein Stockholm since October 2007. The Group comprises about 60 companies[HUG#1442322]