M2 Engineering to transfer Optical Disc activities to M2 ODA

[Stockholm, Sweden, February 4th, 2010] M2 ODA will exclusively market, sell and support M2 equipment and spare parts. The transfer of the activities will be finalized and executed before 1st April 2010.

During recent years, M2 Engineering AB has invested significantly for diversification into other business areas, including solar cells and consumer electronics components. This agreement with M2 ODA is consistent with the change in strategic focus of the company. Rick Hooper, President and CEO of M2 Engineering AB comments:

"We are accelerating our diversification into other areas and the transfer of our optical disc business to M2 ODA means that we will able to focus fully on these new business sectors while having full confidence that our optical disc customers will continue to be fully supported by a professional and committed organization”.

M2 Engineering AB will continue to manufacture optical disc equipment at the production facility in Amata Nakorn, Thailand. M2 ODA will also establish a comprehensive service organization, including on-site support and spare parts for all photo-resist based mastering systems. Martin Brown, Director of M2 ODA adds:

“The optical disc industry has changed dramatically in recent years, with many equipment suppliers either going into bankruptcy or simply giving up on the industry. The realistic cost structure and multi-product business model of M2 ODA has been developed to ensure continuing professional support for all current and new M2 equipment customers. M2 ODA will have a team of experienced replication and mastering engineers to support M2 replication equipment and all mastering systems. The primary aim of M2 ODA is to become recognized as the one-stop service provider for optical disc equipment sales and support.”

Existing M2 equipment users will be informed continually of the new contact details and ordering procedures during the coming weeks.

For additional information and photos please contact:

Rick Hooper, President and CEO – M2 Engineering AB
Phone: +66-2-664 9091
Email rick.hooper@m2e.se

Martin Brown, Managing Director – M2 ODA International Ltd.
Phone: +66 877 974 324
Email: martin@M2-ODA.com