Glaston sells FC500™ tempering line to Kuwait

Glaston has closed a deal worth EUR 2.6 million with Amjad Scientific located in Kuwait. The deal includes the Glaston FC500™ tempering line and the ProL™ laminating line as well as pre-processing machines.  The machines will be delivered to the customer during the last quarter of 2015.

The order is booked in Glaston’s Q2/2015 order book.

As Amjad Scientific is expanding their operations to glass processing with focus on the architectural segment Glaston’s FC500™ and ProL™ products, both well-known for high capacity, energy efficiency and easy of use as well as premium quality of the end products, respond well to the customer’s requirements.

Amjad Scientific is a new customer to Glaston and also new in the glass processing business. “We are delighted to deliver the glass processing equipment to Amjad Scientific, who is targeting the position as forerunner in the glass business in Kuwait”, Pekka Hytti, SVP, EMEA of Glaston Corporation says.

For further information, please contact:

Glaston Corporation

Pekka Hytti, SVP, EMEA, tel. +358 10 500 6310

Sasu Koivumäki, CFO, tel. +358 10 500 500

GLASTON CORPORATION

Agneta Selroos

Director, Communication and Marketing

Glaston Corporation

Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our product portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers’ continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. Further information is available at www.glaston.net. Glaston’s share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.

600450 Glaston sells FC500™ tempering line to Kuwait glassonweb.com

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