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Press Release Kalmar

Kalmar to deliver 18 all-electric AGVs to PSA Singapore

6/21/2016

CARGOTEC CORPORATION, PRESS RELEASE, 21 JUNE 2016 AT 2 PM (EEST)

Kalmar, part of Cargotec, has won a breakthrough order of 18 all-electric automated guided vehicles (AGVs) that will be supplied to PSA Singapore. The order is part of PSA's strategic investment in automation technologies to maintain its premier status as the world's leading transshipment hub. The equipment is scheduled for delivery during 2017.

"AGV development project to PSA Singapore is one of our new product development projects demonstrating our ability to deliver a new solution for a fully automated terminal. The flexibility and openness of the partnership between PSA Singapore and Kalmar are the cornerstones for our success. This order is a solid example of our cooperation," says Ismo Matinlauri, Vice President, Solution sales and Marketing, Kalmar Automation and Projects.

The new all-electric AGV for PSA complements Kalmar's intelligent horizontal transportation product offering. Kalmar has introduced several industry-firsts such as the automated straddle carrier in 2005, hybrid shuttle carrier in 2013 and most recently the all-electric Kalmar FastCharge(TM) solution in 2015. With the all-electric AGV for PSA, Kalmar strengthens its leadership position in horizontal transportation and port automation. Kalmar has the most extensive product offering that serves different types of customer needs.

Kalmar is a long term supplier of different port equipment and services to PSA Singapore. They include Kalmar terminal tractors, reachstackers and empty container handlers for which Kalmar also provides service and maintenance.


Further information for the press:

Ismo Matinlauri, Vice President, Solution sales and Marketing, Kalmar Automation and Projects,tel. +358 40 501 3495 ismo.matinlauri@kalmarglobal.com

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com


Further information for investors:

Leena Lie, Senior Vice President, Communication, Cargotec, tel. +358 20 777 4483

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2015 totalled approximately EUR 3.7 billion and it employs almost 11,000 people. www.cargotec.com

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