NOTE and Kongsberg sign long-term collaboration agreement

NOTE and Kongsberg sign long-term collaboration agreement

Kongsberg Defence & Aerospace (KDA) of Norway and NOTE have signed a group-wide
agreement. This collaboration means KDA approving NOTE as a supplier of
production and a broad range of services in the product development phase.

Arne Forslund, NOTE's CEO, commented: “this agreement is largely a result of
NOTE's previous acquisition of CAD enterprise NPD, now NOTE Oslo, and
corroborates the market's high regard for Nearsourcing, our new business model.
By being close to the customer with the right skills and services for the
development and industrialization phase, we can offer unbeatably short time to
market.”

The Kongsberg group develops hi-tech products that entail complex production
processes with stringent quality and process control standards. “The actual core
of the decision to team up with NOTE is our closeness to NOTE Oslo, the scope
for cost-efficient production, access to the NOTEfied preferred parts database
and fast prototype production,” responded Morten Vatneberg, KDA's Vice President
of Purchasing & Logistics, “these factors are contributors to us achieving a
shorter time to market and favourable overall finances. The agreement also
includes component sourcing and technical services like PCB design, which we're
really demanding from our suppliers. We've found an industrial partner in NOTE,
who we'll be evolving with for the long term,” Mr. Vatneberg concluded.


For more information, please contact:
Arne Forslund, CEO NOTE AB, tel. +46 (0)8 568 990 07, +46 (0)705 477 477
Anders G. Johansen, Key Account Manager NOTE Oslo, tel. +47 (0)97 07 06 25
Annelie Wirdefeldt, Director of IR & Information Strategy NOTE AB, tel. +46 (0)8
568 990 01, 
+46 (0)76 815 9999 


About NOTE
“Our business concept is to produce electronics from design to after-market in
close co-operation with our customers.” NOTE is one of the Nordic region's
leading contract manufacturers of electronics and is established in Sweden,
Finland, Norway, the UK, Estonia, Lithuania and Poland. Net sales for 2006
totalled SEK 1,742 m, and the NOTE group has approximately 1,100 employees. Read
more at: www.note.se