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2015-06-15

Swemet AB: Swemet Receives a Swedish Telecom Company Order for 0,6 MSEK

Swemet AB (publ) ("Swemet" or the "Company") has received an order of
approximately 0.6 MSEK from a large Swedish telecom company. The order is for
the purchase of Swemet's handheld instrument, the MFA400, which has been used
in Estonia since 2012 for the smart meter rollout project. These MFA400's
will be used in conjunction with field work for a larger German energy
company.

Swemet's hand instrument and methodology has received more and more attention
and awareness among the major utility companies in Europe, for use with smart
meter projects using powerline communication. With this order, Swemet
consolidates its position as a leader in technology and methods of
troubleshooting for powerline communication field work.

"We are pleased that more and more utility companies are turning to us to take
part of Swemet's experiences and practices, and that they are purchasing the
MFA400 instrument which can be considered as a key tool. The methods we offer
to customers through education and practical training applications in the
field, are a service that is increasing in demand in Europe as the rollouts
take off,
" commented Swemet's CEO, Jan Axelsson.

The telecom company's services help customers become more efficient in their
operations. The solution is comprehensive and includes managed services,
consulting and services for system integration, as well as reading, control
and management of the smart meters in the system, Service Level Agreement
(SLA) management, and a field service and operations center. The German
energy company is a pioneer in the development of smart energy networks
(smart grid
), which has the capacity to handle large amounts of data and can thus offer
its customers a large range of benefits.

"It's obviously fun for us at Swemet that we can offer an important
communication technology to such a well-known communications company!”
, concludes Swemet's CEO, Jan Axelsson.

For more information:

Jan Axelsson, CEO

Telephone: +46 70 952 12 80

E-mail: jan.axelsson@swemet.se

Anders Sagadin, Board Member

Telephone: +46 70 699 40 00

E-mail: anders@sagadin.se

About Swemet

Swemet's mission is to offer qualified products and services to grid companies
in Sweden and Europe, with a focus on smart meters and power quality. The
target group of the Company's products consist primarily of small and
medium-sized electrical companies in Europe, based on the Company's expertise
in the new generation of smart grid. Proprietary hardware and software
integration with external components has been well-packaged into turnkey
solutions. Power line communication has until now been dominated by
technology from the 1980s, and expectations and technical conditions have led
to new standards. G3-PLC technology is the latest, and is characterized by
the properties of a modern communication concept.
www.swemet.se
.

Swemet's Mentor will be Mangold Fondkommission AB, tel: +46 8 5030 1550.

Författare NGN

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