Semcon

Regulatory Filings • Sep 20, 2011

Press%release, 20 September%2011

Chinese%car manufacturer%outsources%all%development%and% production%of%aftermarket%information%to%Semcon%

Chinese%car manufacturer%CQAC%(Chery%Quantum%Auto%Co.)%has chosen%Semcon%as%its%longCterm%partner%for% development%and%production%of all%aftermarket%information%for%its%future%vehicle%models.%The%contract%will run%over%several years%and will%over%time%provide%assignments%for%around%fifty%Semcon%employees.

Semcon's!business!area for!solutions!and!services!within!product!information (Informatic)!has!signed!an! exclusive!long<term!contract!with!Chinese!car manufacturer!CQAC!(www.chery<quantum.com), a joint!venture since!2007!between Chery Automobile,!China's!biggest!independent!car manufacturer,!and!Israel!Corp.!The! joint!venture!intends!to!develop!Western< standard!vehicles!for!China's!domestic!market!as!well!as!for!export.

Semcon!will!be!responsible!for!establishing!and!managing a!complete!organization!for!the!development and! production!of aftermarket!information,!such!as!owner's information,!spare!parts information,!diagnostic information,!service!information!and!the!production!of!training!material!and training!delivery!to!service! technicians.

"Our!extensive!experience!from the!automotive industry!and!successful!partnerships!with!other!automotive! manufacturers!was!crucial!for!getting!this!contract,"!says!Johan!Ekener,!President!of!business!area!Informatic.! "The!most!exciting!part!of!this!contract!is!possibly!that!we're!getting!to!build!an!organization!from!scratch,!and! not!take!over!an!existing!organization,!which!has!been!the!case!in!our!previous!outsourcing!contracts."!!

Initially!the!work!will!mainly!be!carried!out!in!Europe,!with!the!involvement!of!a!number!of!Semcon's!various! offices.!Within!a!year!or!two!around!fifty!Semcon!employees!are!expected!to!be!involved in!the!assignment,!of! which!a significant!number!will!be!from!Semcon's!Chinese!organization!in!Shanghai.!!

"Being!able!to!work!with!a!major!Asian!automotive!customer!is!very!much in!line!with!our!long<term!strategy,"! says!Johan!Ekener.!"Now,!we!will!be!able!to!show!in!a!very!concrete!way our!ability!as!a!global!supplier!to ensure!delivery!in!a!networked set<up!of resources!and!expertise!from!sites!around!the!world,!where! resources!are!the!most!available!for the!moment."

For more%information,%please%contact:%

Johan!Ekener,!business!area!manager,!Informatic,!+46!(0)736<84!06!83 Anders!Atterling,!IR!&!PR!manager,!Semcon!AB,!+46!(0)704<472!819!

This!is!information!that!Semcon!AB!is!required!to!publish!in!accordance!with!the!Swedish!Securities!Market!Act!and/or!the! Swedish!Financial!Trading!Act.!This!information!was!submitted!for!publication!on!20 September!2011!at!8:00 a.m.!CET.!

Semcon'is'a'global'company'active'in'the'areas'of'engineering'services'and'product'information.'The'Group'has'more'than 2,800' employees'with'extensive'experience'from'many'different'industries.'We'develop'technologies,'products,'plants'and'information solutions' along'the'entire'development'chain'and'also'provide'many'services'including'quality'control,'training'and'methodology'development.' Semcon'boosts'customers''sales'and'competitive'strength'by'providing'them'with'innovative'solutions,'design'and'solid'engineering' solutions.'The'Group'had'a sales'of'SEK'2.1'billion'in'2010'and'has'activities'at'more'than'40'sites'in'Sweden,'Germany,'the'UK,'Brazil,' Hungary,'India,'China,'Spain'and'Russia.