New large order to Systemair in Italy

Systemair has received an order worth approximately 2.1 MEUR where we deliver 470 tunnel fans to be used for the refurbishment of 20 tunnels in the Italian region Lombardy. Tunnel fans delivered is Systemair's new AJ1000TR and are made of stainless steel and can stand 400 ° C operational temperature. The fans will be manufactured by our company Systemair GmbH in Germany.  "- This is our second really large order of tunnel fans in Italy and confirms our breakthrough in the European market for our infrastructure fans ", says Kurt Maurer, Product Area Director Fans, of Systemair. For further information contact: Kurt Maurer, Product Area Director Fans, + 49 170 226 49 33 Glen Nilsson, CFO, + 46 222 44003, + 46 70 654 40 03 Systemair AB, 739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com Systemair in brief Systemair is a leading ventilation company with operations in 39 countries in Europe, North America, the Middle East, Asia, Africa and Australia. The Company had sales of SEK 3.2 billion in financial 2009/10 and currently employs about 2,300 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 15 years, the Company's growth rate has averaged about 15 percent. Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, VEAB and Fantech brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 60 companies. [HUG#1440271] Press release PDF: http://hugin.info/138279/R/1440271/384635.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Systemair AB via Thomson Reuters ONE
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