Company Profile

COMPANY PRESENTATION
December 1996
NEOS ROBOTICS AB

Business idea:
To develop, manufacture and sell applications and production systems for manufacturing industry, and through partners and licensing cover the world market.

History:
Neos Robotics AB was founded in 1992 by the innovator Karl-Erik Neumann, who, with the help of venture capital from Malmohus Invest AB received the opportunity to manufacture and launch his product on an larger scale. Since then, turnover has doubled each year. High rate of development and strong market growth, particularly during 1995, gave rise to a new issue of shares. This was backed by Malmohus Invest AB, Investor agda Novare Kapital AB, Industrifonden and Neovation i Stockholm AB.

Business orientation:
Neos Robotics AB is a niche company specializing in applications and production systems for manufacturing industry. The company’s product, the industrial robot Tricept, is being launched on the world market as a cost-effective, powerful, precision item of equipment for assembling and processing aluminum and plastic.

Clients:
Some of the world’s leading car and airplane manufacturers and their suppliers are included amongst the company’s customers, e.g. Volvo, Chrysler, Scania, Volkswagen, GM, Opel, Boeing, McDonnel Douglas and British Aerospace.

Market 1996:
The US accounts for around 59% of the company’s turnover, whilst Scandinavia and the rest of Europe account for a further 25% each.

Market prognosis:
Continued strong expansion in the US and Europe with establishment in Japan and the rest of Asia together with South America, Australia and South Africa.

Turnover: 20 MSEK (prognosis for 1996)
Employees: 15 (November 1996)

Owners:
Malmohus invest AB, 38%
Neovation I Stockholm AB, 38%
Industrifonden 12%
Investor-agda Novare Kapital AB, 12%

Chairman of board; Sture Svantesson
MD: Karl-Erik Neumann, who is also part owner of Neovation i Stockholm AB.

Business goals:
- 100 MSEK turnover within two years
- Stock market flotation within five years

For further information contact:
Karl-Erik Neumann, MD
NEOS Robotics AB
Ritarslingan 22A
187 66 Arninge
Sweden
Tel: + 46 8 630 03 75
Fax: + 46 8 630 03 79


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