What is the current status of the ABB and SinterCast collaboration that was entered into nearly two years ago?

Shareholder, name withheld

The relation between ABB and SinterCast is very strong, on all levels.

We have conducted successful CGI production trials with the ABB automated pouring furnace at the Lucy Castings foundry in England and have presented the results, together with Lucy, at the ABB Foundry Conference in Germany, 8-9 November 2001. We are currently in discussion with another foundry to continue the development and establish a production reference.

Commercially, we have jointly displayed our technology at foundry conferences in Sweden, England and the USA and have presented common proposals to some potential customers. As mentioned by Dr Wolfgang Andree in his quote in our 2001 Annual Report, ABB is also willing to represent SinterCast in markets where we are not yet active.

The relationship is good for both ABB and SinterCast. The experience gained until now will help us to provide a seamless technology and an efficient customer support in the future.