Semcon — M&A Activity 2010

May 5, 2010

Press release 4 May 2010

Semcon acquires Tritech's business in Örebro

Semcon is continuing its investment in the embedded system segment and acquires Tritech Technology AB's business in Örebro. The acquisition is an assets and liabilities deal, meaning Semcon taking over responsibility for all personnel and associated business allocated to Örebro, in May.

This means that EIS by Semcon AB, a subsidiary in the Semcon Group and skills area concentrating on developing embedded systems, acquires Tritech Technology AB's business in Örebro. The acquisition involves Semcon taking over responsibility for 17 employees with extensive experience of software, electronics, wireless communication and test development.

"The acquisition will complement Semcon regionally both in terms of expertise and customer base. The acquisition strengthens Semcon's position on the local market and provides opportunities to continue expanding nationally with our range of specially-adapted customer products, which is where Tritech in Örebro has come a long way," says Petter Birkedahl, manager at EIS by Semcon.

Tritech is intending to further consolidate the business to the Stockholm region in order to further focus on sales and development of their product portfolio and accompanying M2M solutions. "This is a strategic choice concerning how we want to run and develop Tritech and further develop and supply the market with products and solutions for M2M. We're convinced that Semcon, with its experience and sound network, will continue positively developing the Örebro business," explains Åke Wernelind, CEO of Tritech Technology AB.

About Tritech Technology AB

Tritech Technology AB (www.tritech.se) is a solutions company providing a complete portfolio of products and services covering everything from concepts to delivery of ready solutions. Tritech's technical focus is mainly in M2M communication and provides development, administration and production of industrial products. Tritech Technology AB is owned by Capman. (www.capman.com)

For more information, please contact:

Mats Körner, President Design & Development, Semcon Caran AB, Anders Atterling, IR manager, Semcon AB, +46 704 472 819

This information is such that Semcon must publish according to laws governing the securities market and/or laws governing trading in financial instruments. This information was published at 3 p.m. on 5 may 2010.

Semcon is a global company active in the areas of engineering services and product information. The Group has around 2,600 employees with extensive experience from many different industries. Semcon develops products, plants and information solutions along the entire product development chain and also provides many other services including quality control, training and methodology development. Semcon increases customers' sales and competitive strength by providing them with innovative and solid engineering solutions. The Group has sales of SEK 2.3 billion with activities at more than 40 sites in Sweden, Germany, the UK, Brazil, Hungary, India, China, Spain, Malaysia and Russia. Semcon's shares are quoted on the Nasdaq OMX Stockholm under the SEMC ticker.