Atlas Copco wins the United Kingdom’s most prestigious award for innovation

April 21, 2006

Stockholm, Sweden, April 21, 2006: Atlas Copco has been awarded a Queen’s Award for Enterprise in the Innovation category, for the design and development of a range of hand-held, portable jack hammers. The Queen's Awards for Enterprise are the United Kingdom's most prestigious awards for business performance.

Atlas Copco Construction and Mining Ltd, the United Kingdom, has won the award for its innovative range of Cobra jack hammers, which virtually isolate the user from harmful vibrations, meeting the requirements of increasingly stringent health and safety legislation. Besides the lowest vibration levels in its class, the Cobra has low emission levels. The jack hammers are sold primarily to the construction industry by Atlas Copco Construction Tools division’s international sales network.  “Atlas Copco’s first core value is innovation. We are proud to receive this award, which recognizes our constant drive to provide customers around the world with innovative solutions to improve their productivity,” says Björn Rosengren, Business Area President, Atlas Copco Construction and Mining Technique.  The Queen’s Awards are presented on the British Queen’s birthday each year to reward outstanding achievement in three categories: International Trade, Innovation, and Sustainable Development. The Innovation category recognizes companies that have demonstrated commercial success through innovative products or services. For further information please contact:  Annika Berglund, Senior Vice President Communications  +46 (0)8 743 8070 or +46 (0)70 322 8070 Atlas Copco is a world leading provider of industrial productivity solutions.  The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600).  Learn more at  Atlas Copco Construction Tools is a division within the Construction and Mining Technique business area. The division is a leading supplier of hydraulic, pneumatic, and gasoline-powered breakers and drills, as well as pedestal boom systems. Hydraulic and pneumatic breakers and drills are also marketed under the brand names Chicago Pneumatic and Shenyang. The products are manufactured in Sweden, Germany, India, Bulgaria, China and South Africa, and sold through a worldwide sales and service organization.