Semcon has signed an agreement to sell the Zpider business area to Finnish IT supplier Enfo Oyj

Semcon has signed an agreement to sell the Zpider business area to Finnish IT
supplier Enfo Oyj 

The 31 December Aan agreement was signed on 31 December between Semcon and Enfo
Oyj for the sale of 100 per cent of Semcon's shareholdings in Zipper AB, Zystem
Solutions by Semcon AB, Zingle by Semcon AB, Zuite AB and Semcon Innovation AB.

The sale is conditional on certain prerequisites being met and the deal is
expected to be completed by no later than at the end of February at the latest.
The sale will be carried out through a cash transaction and following an
adjustment of the old additional purchase price contract and costs in connection
with the sale, it is estimated that Semcon's net debt will be reduced by around
SEK 275 million.    
Semcon has acquired IVM Automotive of Germany and Caran AB of Sweden over the
year. These acquisitions have enabled the company to focus its business on
product development and information solutions. The sale of the Zpider companies,
which are active in the IT sector, is a natural result of the move towards our
core areas. Following the sale of Zpider Semcon no longer sees a need for
carrying out a share issue to finance the acquisitions of IVM and Caran. 

“Semcon is currently preparing for global expansion with major business
opportunities. To utilise these opportunities requires us to focus on our core
business. We therefore worked very hard during the autumn to find another
ownership structure for the Zpider business area. We are pleased to announce
that we have signed an agreement, which is good for all parties concerned,
Semcon, Enfo Oyj and not least the Zpider companies, which now have the
potential to continue their rapid expansion,” says Kjell Nilsson, chairmen of
the board of Semcon AB.  

“The acquisition is part of our growth strategy where establishing on the
Swedish market has been part of our objective. The idea is that the Zpider
companies will continue growing independently,” says Arto Herranen, CEO of Enfo
Oyj. “We also see great potential for benefiting from the range and know-how at
the Zpider companies in our existing businesses in Finland and Russia,” he
states.   

In its financial statement for 2007, to be released on 21 February 2008, Semcon
will present a detailed analysis of the effects of the sale.  




For more information, please contact: 
Björn Strömberg, acting CEO, Semcon AB, +46 (0)708 35 44 80
Kjell Nilsson, Chairman of the Board, Semcon AB, +46 (0)702 60 01 21
Anders Atterling, IR manager, Semcon AB, +46 (0)704 47 28 19


Zpider
Zpider provides IT solutions that streamline and facilitate their customers'
work. The four specialist companies in the business area are independent brands
and they focus on specific solutions for general IT problems. Zpider's range is
mainly geared towards large and mid-sized companies with complex IT
infrastructures. Zpider's sales up to the end of September 2007 amounted to SEK
243 million and the operating profit after depreciation was SEK 37 million. The
headcount at the end of September in the Zpider companies was 231. Zpider's
share of Semcon's total sales was 11% during the period January to September
2007.

Enfo Oyj
Enfo is a Finnish Information Technology service provider. Its core mission is
to offer easy to use Information Technology and Information Logistics services
to companies and organisations. Enfo's 500 IT-specialists make sure that its
customers get the best out of their IT. Enfo's Net Sales is approximately 100
Million Euros. www.enfo.fi


Semcon discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 8:45 p.m. on 2 January 2008.


Semcon is 3,900 committed people who are passionate about product development,
technical information and IT. Semcon today is in 15 countries on five
continents. Semcon has annual sales of around SEK 3.4 billion (2006) and is
listed on the OMX Nordic Exchange, Stockholm.