Micronic Laser Systems AB announces its intention to acquire MYDATA automation AB


Micronic Laser Systems AB announces its intention to acquire MYDATA automation
AB

Täby, Sweden - April 21, 2009 - Micronic Laser Systems AB (OMX Nordic Exchange
Stockholm, Nordic list, Small Cap, Information Technology: MICR), announces its
intention to acquire MYDATA automation AB.

Summary
• Micronic Laser Systems and Skanditek Industriförvaltning have signed a letter
of intent whereby Micronic intends to acquire MYDATA automation.

• The transaction is structured so that Micronic Laser Systems acquires MYDATA
automation from Skanditek Industriförvaltning and the minority shareholders
against payment in the form of newly issued shares in Micronic. Following the
transaction, Skanditek Industriförvaltning will be the largest shareholder in
Micronic, owning approximately 38 per cent of the capital and votes.

• Combining Micronic and MYDATA will create large potential within the market
for electronic packaging using Micronic's and MYDATA's complementary knowledge
and experience in the area. The transaction is expected to result in operational
synergies as well as reduced financial volatility for the combined company. 

• The combined company will have annual sales of SEK 1.2 billion (based on 2008
performance), approximately 640 employees and operations in 11 countries around
the world.

Presentation and Q&A
A conference call will be held this afternoon at 15:30 CET where investors,
analysts and media will be given the opportunity to ask questions. 
Call in details: Persons interested in participating on the conference call,
please email ankie.jorgne@micronic.se or call Ankie on +46 8 638 54 64 no later
than 13.00 CET in order to receive call in details.

To read the complete pressrelease, please see the PDF-file

Contact persons
Lena Treschow Torell, Chairman of the Board of Directors: +46 8 638 52 00
Sven Löfquist, President & CEO: +46 8 638 52 00

Attachments

04202707.pdf