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NOTE AB enters into strategic co-operation agreement

NOTE, one of the Nordic region's leading contract manufacturers, has signed a strategic co-operation agreement with Jaltek Systems in the UK.

In line with NOTE's vision of becoming one of Europe's leading EMS suppliers by 2009, NOTE launched a Gateway in the UK at the end of 2004. NOTE's intention was to have an Excellence Unit in the UK in 2005 to offer existing and new customers the full range of services from design to low-volume production in the UK, and then seamlessly transfer production to NOTE's low-cost, high-volume plants in Eastern Europe.
Until now, NOTE has been looking for an EMS partner in the UK with similar ideals and attitude as NOTE and is now pleased to announce the strategic partnership with Jaltek Systems.

Jaltek has a good reputation, trusted by leading corporations and global multinational customers for delivering consistent quality through NPI and low-volume production. These market segments also complement NOTE's own plants in the Nordics, with customers in the medical, defence, automotive, radio and TV sectors, together with embedded computer systems and development of I/P platforms.

"Jaltek and NOTE have a lot in common, including high technical competence, fast design, NPI and manufacturing services, and most importantly, a desire to exceed customer expectations.
This strategic partnership represents a European EMS solution, which has the important advantage of combining a profitable and expanding NPI centre in the UK with one of Europe's fastest growing EMS providers of medium to high volume manufacturing," said Steve Pittom, Jaltek's Sales Director.

"We're excited about this venture, because Jaltek has the same approach to its business as NOTE in its Excellence Plants. I am convinced that this is an excellent opportunity for both NOTE's and Jaltek's customers to have a true European partner to support them throughout the value chain. We look forward to a successful partnership for both companies, but most importantly for our new and existing customers," concludes Elaine Barnes, Head of NOTE UK.

For further information please contact:
Kjell-Åke Andersson, CEO of NOTE AB, +46 (0) 46 - 286 92 10 or +46 (0) 708 - 60 81 23
Elaine Barnes, Managing Director of NOTE UK, +44 1256 354499 or +44 7779 143777