ABSOLENT EXPANDS ITS OPERATIONS WITH A SALES OFFICE IN ITALY

Absolent AB, subsidiary of Absolent Air Care Group AB, opens a company in Italy, Absolent S.r.l that will serve as a basis for sales in Italy. It will also support local distributor and customer development of Italian customers in the wider European region and globally. To pursue the Italian market, the fourth largest economy in Europe and with a large share of heavy machining industries, Absolent AB has hired Davide Carugati. Davide Carugati joins Absolent as Sales Manager and has several years of sales experience within air filtration. Absolent S.r.l office is placed in Milano.

"In line with our growth and development in Europe, the opening of our Italian subsidiary was evident in our strategic plan. Italy is one of the major markets in Europe and has a strong industrial history. Industrial air pollution has never been so central to current discussions and we can now even better support our international customers based in Italy and our Italian customers who has the ambition to improve air quality for their employees",- says Olivier Jacques, President Europe

Contact:

Axel Berntsson, CEO Absolent Air Care Group, +46 510 48 40 00

Absolent Air Care Group's shares are traded on Nasdaq First North.

Certified Adviser is Erik Penser Bank AB. Ph. +46 8 463 83 00. E-mail: [email protected]

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