June 06, 2008

Local representation for Moventas in Australia

Moventas has entered into partner agreement with SFP Consulting Pty Ltd. A local representative in Australia is part of the company's strategic intent to strengthen its customer service and to build up a global network.

As Moventas partner in Australia SFP Consulting will introduce Moventas to Australian markets and focus on serving the customers in the minerals, sugar and fiber & paper industries.

Moventas' aim is to strengthen its customer service and to create new customer base in process industries. The cooperation with SFP Consulting strengthens Moventas' capabilities to capture the growing minerals market potential in the Australian market and to serve the customers locally.  Moventas has a strong strategic focus on developing the company's customer service operations and building up a global network.

Moventas designs, manufactures and markets drive units for the process industries under the Santasalo -trademark.

Moventas
Moventas is one of the leading experts in mechanical power transmission. The company designs, manufactures and markets mechanical power transmission solutions and services for the process and energy industries. The company has over 1200 employees in Finland, Germany, Sweden, Canada, the USA, Singapore and China. European private equity investor Industri Kapital holds the majority of the shares in Moventas.

Contact information

Mr. Stephen Pantlin
SFP Consulting Pty Ltd
Suite 3. 11 the Platinum Bld.
4 Ilya Ave
ERINA. NSW. 2250.
postal address. PO Box 3307
ERINA. NSW. 2250.

Further information of the agreement:

Mr. Olli Välimäki, Vice President, Competence Centers
Moventas Oy
Tel: +358 20 184 7257