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NOTE is growing in medtech

NOTE has signed an agreement with Breas Medical, a Swedish international company that develops breathing aids (ventilators) for hospitals and home care.

Series production has started, and volumes are expected to accelerate in the current quarter, with an increase of almost 300% against the original plan. Production takes place at NOTE Torsby.

”Our new collaboration with Breas Medical is another example of the success of our methodical approach to customers in the medical technology sector. We believe that the conditions are favourable for this cooperation to develop strongly in the near future.”, says Johannes Lind-Widestam, NOTE's President and CEO.

”In the end, choosing NOTE Torsby AB as a partner for manufacturing PCBs for our new fan platform was as simple as it was obvious. A modern fan platform and a modern factory that is investing in the future create the conditions for a long-term and successful partnership.”, says Martin Gustavsson, VP Global Sourcing Manager, Breas Medical AB.

For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22

Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86

About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit
www.note.eu.

About Breas
Breas Medical, with headquarters in Mölnlycke, subsidiaries in Germany, Spain, the UK, the US and China, and a network of distributors in more than 40 countries, is a leading manufacturer of respiratory equipment for both home and hospital care.

IThe information was submitted for publication on 29 April 2020 at 08.30 CET.