ETTEPLAN AND SJÖLAND & THYSELIUS COMMENCE COOPERATION - INCREASED EFFICIENCY TO HIGH TECHNOLOGY PRODUCT DEVELOPMENT PROJECTS Press release - Published: 30.06.2010 - 13:00:00 Back to Releases ETTEPLAN OYJ PRESS RELEASE JUNE 30, 2010 AT 01.00 P.M. ETTEPLAN AND SJÖLAND & THYSELIUS COMMENCE COOPERATION - INCREASED EFFICIENCY TO HIGH TECHNOLOGY PRODUCT DEVELOPMENT PROJECTS Etteplan Oyj and Sjöland & Thyselius Holding AB have signed a cooperation agreement that helps the companies to offer customers a broad combination of expertise services. From Etteplan's side the cooperation partner is Etteplan's subsidiary LUTAB AB. LUTAB AB and Sjöland & Thyselius (S&T) concentrate on high technology product development services for machine and equipment manufacturers developing renewable energy sources, aviation, space and defence equipment industry as well as car and train manufacturing companies. The cooperation aims to shorten customers' product development project time with the help of integrated expertise services and efficient service processes. Cooperation offers customers a combination where versatile expertise of different engineering areas and S&T's STARCS wind tunnel offering of measuring, calculation and testing services, are combined. The overall service includes among others concept design of new product or system, engineering of demanding composite and other structures and their optimization. With the overall service provided together, it is ensured that new products fulfil the strict aerodynamic, material, strength and production as well as other required criteria even more efficiently. Examples of engineering assignments are optimization of aeroplane motors' air intake, engineering of wind turbines for wind power plants and aerodynamic design of trains. Companies' competence areas complement each other. LUTAB AB is especially strong among others in requirement management, system safety, engineering analysis and aeronautics. S&T companies specialize in system development and integration, information architecture, aerodynamics, modelling and simulation as well as communication technology. Companies' service networks complement each other and support customers' global business effectively. The cooperation offers both companies a possibility to significant organic growth in chosen market segments. Sjöland & Thyselius Holding AB is a Swedish company that includes 16 advanced technology expertise companies. Hollola, June 30, 2010 Etteplan Oyj Group Communications Additional information: Peter Jahn, Vice President, Etteplan Enterprise Solutions, tel. +358 44 511 1533 Outi-Maria Liedes, Vice President, HR & Communications, tel. +358 40 756 9620 DISTRIBUTION: NASDAQ OMX Helsinki Major media www.etteplan.com Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defence industries as well as the electricity generation and power transmission sectors, and material flow management. Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services. In 2009, Etteplan had turnover of EUR 98.7 million. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.