Cargotec files a lawsuit against SweFrame for theft of Bromma's product information

CARGOTEC CORPORATION, PRESS RELEASE, 26 JULY 2011 AT 11 AM (EEST)

Cargotec's Bromma Conquip is the world's leading crane spreader company. Cargotec has filed a lawsuit in Sweden against SweFrame Port Equipment AB claiming inter alia for damages due to theft and use by SweFrame of Bromma's sensitive product information.The Swedish police's department for intellectual property law cases have searched the premises of SweFrame and confiscated Bromma drawings and other Bromma materials. SweFrame is a recently established competitor of Bromma.The local court in Sweden, Västmanlands tingsrätt, has accepted the lawsuit and ordered SweFrame to comment on the claims, facts and circumstances in Cargotec's lawsuit. A first hearing in the matter is expected to take place after the summer break.

Contact personsPer-Anders Holmström, President, Bromma Conquip, tel. +46 8 6200 900
Anne Westersund, Vice President Communications and Marketing, Cargotec, tel. +358 20 455 4460Bromma is part of Cargotec. Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2010 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com