PartnerTech grows along with Gyros Gyros AB, a world leader in the miniaturization and integration of laboratory applications, is growing rapidly. As a result, it has entered into a long-term cooperation agreement with PartnerTech. Worth approximately SEK 150 million over 2½ years, the agreement covers production of the Gyrolab Workstation microlaboratory. PartnerTech will deliver approximately SEK 30 million in products during 2007. Jan Würtz, CEO of Gyros AB, says that "we have great confidence in PartnerTech as a contract manufacturer. Thanks to PartnerTech's extensive knowledge, capacity and flexibility, Gyros can maintain its focus on core operations. PartnerTech's skills and experience have also contributed to measures that add up to major cost savings when manufacturing the product." Gyros's area of speciality is quantitative protein analysis for research, drug discovery and development applications. The company's unique microfluidics-based technology allows its customers to perform protein analysis and analytical development much more cost-effectively.The longstanding relationship between PartnerTech and Gyros is constantly expanding. PartnerTech already has responsibility for producing the entire Gyrolab Workstation LIF analytical tool, from component purchases to finished product. PartnerTech's Åtvidaberg plant has specialist expertise in this type of product. Mikael Jonson, CEO of PartnerTech AB, says that "the cooperation with Gyros is an excellent illustration of how our business concept and know-how can offer our customers the freedom and leeway to develop and market their core expertise. I am very pleased by Gyros's advances and proud that we are an integral part of its ongoing expansion." For additional information, please call: Mikael Jonson, CEO, PartnerTech AB, +46 (0)706 781 001 Jan Würtz, CEO, Gyros AB, +46 (0) 705 925670 Gyros Gyros AB (www.gyros.com) is a world leader in the miniaturization and integration of laboratory applications through its proprietary microfluidics platform, Gyrolab CD microlaboratory. Gyros delivers simple to use, precisely controlled solutions for processing hundreds of samples in parallel at nanoliter scale. Scientists generate more information from less sample, improving productivity and efficiency. Gyros currently focuses on quantitative protein analysis for research and drug discovery. PartnerTech PartnerTech (www.partnertech.com) develops and manufactures products under contract for leading companies, primarily in telecommunications, IT, the engineering industry and medical technology. With approximately 2,000 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reported sales of approximately SEK 3 billion for the past 12 months. PartnerTech AB, the parent company, has its head office in Malmö and is listed on the OMX Nordic Exchange in Stockholm.
PartnerTech grows along with Gyros
| Source: PartnerTech AB