Thermotech Company Group

Thermotech Scandinavia AB is also seeing a positive trend for its products:
custom systems for waterborne underfloor heating and water distribution,
and the company is investing with new additions to the product portfolio
during the spring. At Thermotech's seven regional offices, several new
staff members have been recruited to strengthen the company as we mo-
ve into the future.

               "In 2010, we had growth of about 20 percent, despite a though
               market situation. We launched our system for tap water, the Multi-
               System™ - at the Nordbygg construction trade exhibition and be-
               gan rolling out sales last autumn, but we are expecting a dramatic
               increase during in 2011. To meet our customers' expectations
               we've added new staff at key positions throughout the organisa-
               tion." says Andreas Anderzon, marketing director at Thermotech
               Scandinavia AB.
   
The regional office in Stockholm (Norrtälje) has been strengthened with four
new employees: Mattias Jedeward has been employed as an office tech-
nical salesperson. He is a graduate of a 3-year natural science programme,
majoring in mathematics and computer science, and comes to us from
"Skandinavisk VVS-Teknik AB", where he was a supervisor and ventilation
and sanitation installer.

Magnus Wallin and Fredrik Carlsson have been employed as project
engineers. Magnus has been working most recently in the electrical sector
where he was an office salesperson at Solar. His education is in electro-
nics and computer science. For the past eight years, Fredrik has worked as
a designer and application engineer at MCC, which manufactures climate
units for off-road vehicles. He is a graduate of a 4-year engineering prog-
ram, majoring in mechanical engineering. Karin Fröjd has studied national
economy, majoring in business economics, and is now working at
Thermotech's switchboard in Norrtälje.

Sandra Abrahamsson was hired on 1st of February as an office technic-
al salesperson at our regional office in Örebro. Sandra is a solar energy
engineer with expertise in biofuel, and comes to us from a position at Edekyl
& Värme AB in Örebro.

Henrik Gustavsson will begin on 1st of April as an office technical sales-
person at our regional office in Malmö. Henrik has previously held a similar
position at Beckhoff Automation AB, where he focused on building and in-
dustrial automation.

The regional office in Sundsvall and the department for sales support has
been bolstered with an additional project engineer. Robin Nykvist has
recently completed his studies as an energy engineer at "Mid Sweden Uni-
versity". Robin is also responsible for the local warehouse and shop for
tradesmen at Thermotech's office in Sundsvall.

In Umeå, Mats Persson has been employed as IT system administrator.
Mats is a recent graduate of Umeå University, where he majored in network
and communications engineering. Mats will be responsible for the entire IT
system, training in the administration system and more.

Thermotech's daughter company Thermotech Scandinavia Finland OY has
also recruited three new employees. Päivi Virta has been working most re-
cently with shipping at Hangö harbour. At Thermotech she´s now responsib-
le for the warehouse. Dennis Hindersson has been employed as project
engineer. Jyrki Tuomisto has been working as an entrepreneur within
heating and plumbing. He has now been employed as salesman responsible
for the new Pipeline project at Thermotech in Finland.
  
For additional information, please contact:
Andreas Anderzon
Marketing Director, Thermotech Scandinavia AB
Telephone: +46 (0)60-64 70 92

Pressrelease