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NovaCast Technologies AB :
Good order intake at NovaCast subsidiary, Foundry Solutions


NovaCast Technologies AB :
Good order intake at NovaCast subsidiary, Foundry Solutions

NovaCast Technologies’ subsidiary NovaCast Foundry Solutions has received orders for NovaFlow&Solid CV simulation software from three customers, Columbus Steel Castings (USA), a European customer and Omen (Israel).

The orders are valued at approximately 125000 Euro, to which annual service and support agreements, TPA, will be added.

Columbus Steel Castings is the largest steel foundry in North America, dedicated to the production of high quality steel castings for the freight rail, mass transit and heavy industry markets. Omen in Israel, who mainly produce high pressure die castings in aluminum and brass for fire protection products, as well as for the automotive and communications industries, have signed a 3-year rental contract including TPA.

NovaCast Technologies, listed on the OMX Nordic Exchange (NCAS B), develops and markets enhanced castings for the production of car body parts, as well as software for methoding, simulating and process control for more efficient production processes to the global automotive industry and its subcontractors. With the Camito technology enhanced castings are manufactured in one solid piece for the production of dies for forming stamping automotive body components in a considerably shorter time than traditional dies. Through die manufacturer SwePart the group has expertise within the whole value chain for the production and sales of stamping dies.

For further information from NovaCast contact Hans Svensson, CEO NovaCast
Technologies AB, +46 705 652 250.

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