Elcoteq Enters Cooperation Agreement with German Fan and Motor Company ebm-papst St. Georgen

(PresseBox) (ESPOO, Finland., ) Elcoteq SE, global life cycle service partner for high-tech product and service companies, and emb-papst, a worldwide innovation leader in fans and motors, have entered a cooperation agreement for the manufacture of fan blowers. The blowers will be manufactured in Elcoteq's factory in Pécs, Hungary. The current cooperation started between Elcoteq and ebm-papst group's subsidiary, ebm-papst St. Georgen. Although the main production consists of manufacturing PCBA's for fan blowers, in total, the agreement covers the manufacture of ten different products.

Elcoteq's service offering covers engineering, manufacturing, fulfillment, and after market services. All of the company's high-volume plants are located close to the main end-markets of its customers' products and in cost competitive countries. Pécs is one of Elcoteq's largest factories with 53,000 m2. It is a highly competitive manufacturing site offering a reliable, flexible, and efficient supply chain from Europe to Europe.

Ebm-papst group has over 10,000 employees on 17 production sites and in 57 sales offices. The company's product range includes over 14,500 different products. Ebm-papst St. Georgen is the leader both in fans and blowers with air power up to 950 m3/h as well as in the drive technology in high-end servo and commutates engines with a power from 1 Watt - 500 Watts. The company also operates in the automotive electronics industry.

Elcoteq Network S.A.

Elcoteq SE is the global Life Cycle Service Partner for high-tech product and service companies. Elcoteq has a proven track record in electronics manufacturing services and a global factory network close to its customers coupled with modern manufacturing equipment and consistent systems and processes.

Elcoteq's Electronics Manufacturing Services (EMS) Business Segment serves customers globally in Engineering, Manufacturing and Fulfillment services. EMS products include devices such as mobile phones and their accessories, set-top boxes, LED lamps and luminaires, flat panel TVs, infrastructure systems, modules and other industrial segment products. The After Market Services (AMS) Business Segment concentrates on providing its customers with configuration, repair and refurbishment services.

The Group's consolidated net sales for 2009 totaled 1.5 billion euros and it employs approximately 10,000 persons. Elcoteq SE is listed on the Nasdaq OMX Helsinki Ltd. F or more information visit the Elcoteq website at www.elcoteq.com. Find news about Elcoteq and the EMS market from the Elcoteq Blog at www.elcoteq-blog.com.

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