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Semcon AB Business Area Receives Order from GM, VW and Volvo Powertrain

From Reuters| May 22,2007

Reuters reported that Semcon AB business area, Automotive R&D, has received an order from General Motors, Volkswagen and Volvo Powertrain for a total value of above SEK 20 million. Under the terms of the agreements, the Company will deliver service within development and design to General Motors, development assignments to Volkswagen's car division in Sao Paulo and its Comtest software system to Volvo Powertrain.

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