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AerotechTelub in EU project

AerotechTelub in EU project AerotechTelub Information & Media AB is taking part in an EU project together with two companies from Italy. The project will develop information solutions with interactive 3D for the vehicle industry. AerotechTelub's project budget amounts to SEK2.6 million. The EU project named SpacemantiX has been signed and commences in May. The project will be run by ten companies and universities during a three- year period. In addition to Sweden (AerotechTelub Information & Media AB), Germany (two companies and a university), Italy (two companies), Switzerland (one company), and Spain (three companies) are represented. The project grant from the EU amounts to Euro1.7 million (approx. SEK16 million). 50% of AerotechTelub's project budget is in-house investment. The project aims at creating user-friendly information solutions that unite spatial information, i.e., 3D information for products and items with different types of text information. It shall also be possible, in certain cases, to manipulate the 3D information in a web environment in real time. SpacemantiX is conducted in three subprojects with a focus on the vehicle industry, architecture/design and toys respectively. AerotechTelub Information & Media AB is a subsidiary of AerotechTelub. AerotechTelub is a service company which offers qualified technical services, maintenance and customer-adapted system solutions within information technology, electronics and aviation technology for the military and civil defence, government departments and public authorities as well as selected sectors of trade and industry. AerotechTelub, a company in the Saab Group, has 2,650 employees and a turnover of approximately SEK 2,5 billion. Saab is one of the world's leading high-technology companies, with its main operations focusing on defense, aviation and space. The group covers a broad spectrum of competence and capabilities in systems integration. For further information, please contact: Håkan Sandgren, Marketing Manager, Phone:+46 470 42 345 AerotechTelub Information & Media AB +46 73 668 96 00 Ulf Jansson, Business Development Manager, AerotechTelub Information & Media AB, Phone:+46 470 42 549 +46 70 533 58 85 www.saab.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/07/20020507BIT00390/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/07/20020507BIT00390/wkr0002.pdf