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Regulatory press release

TC Tech Sweden AB (publ): TC TECH receives evaluation project from a German company in the automotive industry

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TC TECH Sweden AB (publ) announces that the company has received an order for an evaluation project of LGPs from a German sub-supplier in the automotive industry. This is TC TECH's first inroad into the automotive industry.

The order clearly shows that the interest in TC TECH's technology is now starting to increase in other segments in addition to manufacturing of LCD displays for mobile phones, tablets and laptops.

"This is our first project for a customer in the automotive industry, for which we will receive a payment of 105 TSEK. If these tests turn out well, they could lead to equipment orders in this segment. This shows that our offering has an exciting potential in a global sector where advanced technology is becoming increasingly important," says TC TECH's CEO Alexander Luiga.

The test series of LGPs for the customer's evaluation project will be conducted in TC TECH's cleanroom in the company's facilities in Stockholm.

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