HMS Networks

Regulatory Filings • May 16, 2008

Press release Halmstad, Sweden May 16, 2008

HMS -The best export company in Sweden

HMS Industrial Networks has won the Grand export prize that for the fourth time was awarded to the best export company in Sweden. The prize was handed out by the King Carl XVI Gustav at an award ceremony at Berns Salonger in Stockholm in the presence of 1000 guests from the Swedish export industry.

• HMS has had an exceptional export success with new Swedish high-tech electronic products. A wide geographic spread has been achieved in combination with good profitability, says Ulf Berg, President of the Swedish Trade Council and member of the jury.

• This is a prestigious prize that we have won in strong competition with the best of Swedish export companies. It is a great honour for me, on behalf of the company and our employees, to accept this prize from the hands of His Majesty the King of Sweden. The award will be an essential asset in our international marketing process, says Nicolas Hassbjer, CEO of HMS.

The award is handed out to the company that:

• Shows a strong development of its international sales during the latest years with success in several markets
• Show a positive development of value added, organic growth and employment in the organisation
• Developed a strong market offering or marketing concept
• Increased the sales in combination with good profitability

The jury consists of: Carl Bennet, Chairman of the board of Elanders and Getinge, Sven-Christer Nilsson, Chairman of Ripasso and former CEO of Ericsson, Ulf Berg, President of Swedish Trade, Björn Fjellsäter, CEO BoB Management, Mauro Gozzo, Chief economist at Swedish Trade and Gerald Engström, CEO Systemair.

Motivation from the jury:

"HMS Industrial Networks' rapid growth is built on the market need to make devices and machines in manufacturing processes communicate. Early on, HMS' management decided to focus on the international market and created a successful business concept based upon embedded connectivity solutions, which have now generated a consistent strong growth along with good profits. HMS has in a short time frame achieved a geographically well distributed sales volume to a strong global customer base."

• It is actually only very few Swedish companies for which the three largest markets also are the world's largest economies namely; USA, Japan and Germany, says Ulf Berg.

The prize consists of the diploma signed by King Carl XVI Gustav and a 100 000 SEK check to be exchanged for services at the Swedish Trade Council for accomplishing continued international expansion.

For more information:

Nicolas Hassbjer, CEO of HMS, Phone: +46-35-17 29 02 Mauro Gozzo, Chief economist and jury member for the Grand Export prize, Phone: +46-8-588 66 035

High resolution photos for publishing are available under Press/Press Images on investors.hms.se http://investors.hms.se/extra/link/?module_instance=1&action=category_show&id=10&navid=52&dang=sv

Swedish Trade Council is a resource for all Swedish companies that want to make international business. We have a long experience of international business development and have local presence in more than 50 countries with 530 employees. The Swedish Trade Council is owned by the government and the industry and has a turnover of approx. SEK 550 m.

HMS Networks AB (publ) is a world-leading supplier of communication technology for industrial automation. Sales totalled SEK 270 m in 2007. Over 90% of these sales were to customers located outside Sweden. All development and the major portion of manufacturing is carried out at the head office in Halmstad. Sales offices are located in Japan, China, Germany, USA, Italy and France. HMS has 155 employees and produces network interface cards and products to interconnect different networks under the trademark Anybus®. The network interface cards are embedded in automation equipment such as robots, control systems, motors and sensors. This allows subcomponents in machines to communicate with one another and with different networks.

HMS was formed in 1988 and has had an average organic growth of 30% annually over the last 10 years. HMS is listed on the OMX Nordic Exchange in Stockholm in the Small Cap, Information Technology sector.

HMS senior management team and part of the international sales & marketing management