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Prevas signs exclusive agreement with Swerea MEFOS

PRESS RELEASE

2011-02-11
Together with ABB, Prevas has signed an agreement giving them exclusive rights for 10 years to use Swerea MEFOS´ FOCS-RF calculation kernel for global deliveries of furnace optimization systems.
 
Around 90 percent of all the steel produced in Sweden today is processed in furnaces that are controlled by FOCS-RF. At the end of last year, Prevas signed a cooperation agreement with ABB to jointly market and sell the FOCS-RF optimization system.
 
“The agreement with Swerea MEFOS is an important step towards our ambition to supply furnace optimization systems to a global market. Measures to enhance energy and improve productivity within the steel and metal industry will develop heavily over the next few years," says Christer Ramebäck, Business Area Manager for Industrial Systems at Prevas.
 
FOCS, which is an abbreviation of Furnace Optimization Control System, is currently used for advanced control of reheating furnaces. The product has helped the steel industry lower its energy consumption by 5 to 20 percent for the furnaces in which the system has been installed. In addition to reduced energy consumption, the system ensures that productivity is increased through intelligent timing control of the furnaces together with the other components in the system. Productivity improvements of up 28 percent have been realized.
 
“We are very pleased with the new FOCS-RF cooperation initiative with Prevas. FOCS is the result of one of the most successful projects carried out within our joint research — and it greatly benefits the industry. It is a control system that combines fuel optimization with production of complex steel programs, and I am convinced that Prevas will have great success with FOCS-RF," says Göran Carlsson, President of Swerea MEFOS.
 
Industrial firms face extremely tough global competition in today's world. Having a long-term, structured work methodology with continuous improvements to both productivity and quality, plus reduced impact on the environment, is a must. Prevas has worked with industry for over 25 years to implement investments within the area of industrial IT.

For more information:

Christer Ramebäck, Business Unit Manager for Industrial Systems, Prevas AB                              
Phone: +46 (0)31 725 18 88, Cell: +46 (0)70 743 33 95, E-mail: christer.rameback@prevas.se
 
Johan Bäckman, Business Unit Manager for Industrial Systems, Prevas                                           
Phone: +46 (0) 21 -360 19 35, Cell: +46 (0)70-684 73 99, E-mail: johan.backman@prevas.se

Göran Carlsson, President Swerea MEFOS                                    
Phone: +46 (0)920-20 19 11, Cell: +46 (0)70-561 92 21, E-mail: goran.carlsson@swerea.se 
 

About Prevas
Prevas was founded in 1985 and is currently the Nordic leader for embedded systems and industrial IT. We are the main supplier and innovative development partner to leading companies in industries such as life science, telecommunications, vehicle, defense, energy and engineering. Prevas' core operation is to develop intelligence in products and industrial systems for world-leading companies. Prevas´ solutions are renowned for innovation, quality assurance and reliable delivery. Offices are located in Sweden, Denmark, Norway, the United Arab Emirates and India. The company has just over 500 employees. Prevas has been listed on the NASDAQ OMX Nordic Exchange in Stockholm since 1998.

About Swerea MEFOS
Swerea MEFOS is a research institute for the steel and metal industry. We are located in Luleå, and have around 80 employees working within process metallurgy, heating, machining and environment and energy technologies. Our expertise and experience are on the highest international level. Our medium-scale experimental activities are one example. Our sales reach approximately SEK 130 million per year. Swerea MEFOS is part of the Swerea Group — together with Swerea IVF, Swerea KIMAB, Swerea SICOMP and Swerea SWECAST — with a total of approximately 480 employees. For more information, please visit www.swereamefos.se

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