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Elektrobit Group Oyj - JOT Automation Group Plc strengthens network of distributors

June 30, 2000

JOT Automation Group Plc strengthens network of distributors

JOT Automation Group Plc has signed the distributor agreement with Schmidt Scientific Taiwan Ltd. on the opening day of Taipei International SMT/PCB/Semiconductor Manufacturing Equipment Exhibition 2000 for Taiwanese market.

Schmidt Scientific Taiwan Ltd. has a turnover approximately USD 100 million and they employ 850 persons. Component Manufacturing Equipment (CME) Division has 250 persons in their four offices close to the main clients in Taiwan. CME Division concentrates on marketing, sales and after sales activities of production automation for the electronics and semiconductor industry. During past twenty years of operation Schmidt Scientific Taiwan Ltd. has gained excellent reputation and well recognised position in the market.

'Co-operation with Schmidt Scientific strengthens JOT's effort to penetrate in the growing electronics manufacturing market in Taiwan. Our goal is to become a strong supplier of production automation systems for Taiwanese customers - especially contract manufacturers utilising Schmidt's well covering sales and service network,' says president Jorma Terentjeff.

JOT Automation Group specializes in manufacturing and marketing production automa-tion for the electronics industry. The group has subsidiaries, partners and representatives in 13 countries. On March 31, 2000 the group employed 652 people and its net sales from January 1 to March 31, 2000 came to 33.4 million euros. The company's shares are listed on the Helsinki Exchanges.

Oulunsalo, June 30, 2000

JOT Automation Group Plc
The Board of Directors

Jorma Terentjeff
President, CEO