Atlas Copco’s John Munck Award recognizes control system for mining and construction equipment

April 16, 2008

Stockholm, Sweden, April 16, 2008: Atlas Copco’s John Munck Award for achievement within the technical area goes to a design team at Atlas Copco’s Rocktec division. The team is being recognized for the development of an electronic control system and automation platform that increases machine performance and improves the working environment.

“The system has increased productivity as well as the user friendliness of our machines, all very positively recognized by our customers. Not only has this clearly made Atlas Copco a leader of automation and remote control in mining and construction equipment, but it is also a great commercial success for Atlas Copco and its customers,” says Gunnar Brock, President and CEO of the Atlas Copco Group.

The computerized system collects and monitors all relevant data. With the help of this information, all essential functions of the rig can be controlled. The system is modularized and can therefore quickly be adapted to different Construction and Mining Technique products and also to different levels of automation and remote control.

The control system has been continuously developed for several years. Since the introduction of the new technology in 1998, nearly 1 000 systems have been delivered to Atlas Copco’s customers around the world. Jörgen Appelgren will accept the award on behalf of his design team at Atlas Copco’s Rocktec division.

John Munck was one of Atlas Copco's most successful engineers. He worked for the Group between 1930 and 1970 as Atlas Copco’s Technical Director among other positions. The John Munck Award is presented each year to a product developer or designer, or a team, for outstanding contributions to the overall quality of an Atlas Copco product. The award will be presented at the Group’s Annual General Meeting in Stockholm, Sweden, on April 24, 2008.

For further information, please contact:
Love Liman, Media Relations
+46 (0)8 743 8060 or +46 (0)73 231 8060

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 09:00 on April 16, 2008.