ITAB - Agreement with Biltema

Agreement with Biltema

2/14/2006 2:33:00 PM

ITAB Shop Concept has through one of its Swedish subsidaries signed an agreement with Biltema.

ITAB Shop Concept, with registered offi ce in Jönköping and shares subject to trading on Nya Marknaden, has through one of its Swedish subsidiaries signed an agreement with Biltema.

The agreement means that Biltema has chosen ITAB as a supplier of shop fi ttings, check-outs and entrance systems for all new establishment and rebuildings in Sweden, Norway and Finland. The agreement with Biltema is for 2006 with option to extension for another year. The order value for one year is expected to be more than SEK 20 million.

ITAB Shop Concept supplies complete shop fi ttings for the food and non-food business. The activities consist of project management, design, development, manufacturing and sales. The concept range includes shop fi ttings mainly in wood and metal, shop equipment such as checkouts and entrance systems as well as internally developed products. The yearly turnover in ITAB Shop Concept is approximately SEK 1.250 million.

For further information, please contact:
CEO Jan-Ola Wiréhn
ITAB Shop Concept AB, Sweden
Phone: +46 36 31 73 00
Mobile: +46 705-77 60 76

ITAB Shop Concept AB
vVD/dCEO Ulf Rostedt
Phone: +46 36 31 73 00
Mobile: +46 706-94 86 82

Attached file:
Pressrelease 051026