Glaston Oyj Abp : 14 Jan 2014 Glaston Oyj Abp - PRESS RELEASE: Glaston wins large order from Taiwan Read More>

Glaston Oyj Abp
Press release PRESS RELEASE: Glaston wins large order from Taiwan

Helsinki, Finland, 2014-01-14 10:00 CET (GLOBE NEWSWIRE) -- GLASTON CORPORATIONPress Release14 January 2014

Glaston wins large order from Taiwan
Glaston has closed a EUR 1.9 million deal for a heat treatment line and several pre-processing machines with the Taiwanese company G-TECH Optoelectronics Corporation.

The heat treatment line represents Glaston's latest technology and is a customized flat tempering line with double chambers. The line is also equipped with the advanced Vortex Plus™ convection control system and one real-time iLooK™ quality measurement system.The pre-processing machines included in the deal are Glaston's new generation straight line edger Hyon11 and beveling machines Max 80-CNP, SB10 and VT1250-A. The deal also includes a comprehensive Glaston Care service contract package for maintenance, training and consulting services. The heat treatment line is manufactured in Tampere, Finland and the pre-processing machines in Bregnano, Italy. The machines were included in Glaston's Q4/2013 order book and will be delivered to the customer during the first quarter of 2014.

G-TECH Optoelectronics Corporation manufactures and sells professional photoelectric technology glass products in Taiwan. Its products include touch sensing, optical coated, thin glass, protective, and 3D forming glass products. G-TECH is the leading optical glass supplier in Taiwan, and one of the glass suppliers for a big, multinational company that designs, develops and sells computer software, personal computers and consumers electronics. As their next step, G-TECH aims for the high-end double and triple silver Low-E glass market. The above deal will further strengthen G-TECH's position as a top supplier for high-end glass in Taiwan.

For further information, please contact:
Glaston Corporation
Arto Metsänen, President&CEO
Phone: [phone]

Frank Zhang, General Manager, Asia
phone: [phone]*816

GLASTON CORPORATION
Agneta Selroos
Director, Communications and Marketing
phone: [phone]

Glaston Corporation
Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our 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.www.glaston.net. Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.