Glaston Oyj Abp - Company Announcement

Glaston closes first GlastonAir deal to Colombia

Helsinki, Finland, 2014-10-23 14:00 CEST (GLOBE NEWSWIRE) -- Glaston
Corporation                 Stock exchange release                      23
October 2014 at 15.00 (EEST) 





Glaston closes first GlastonAir™ deal to Colombia

Glaston has closed a deal valued over EUR 4 million with the Colombian company
Tecnoglass S.A. for tempering machines GlastonAir™ and ProBend™. The order is
booked in the Q4 2014 order book and deliveries will be made during Q2 and Q3
in 2015. The deal also includes an option for two additional GlastonAir™
furnaces for the next two years. 

GlastonAir™ represents a completely new approach to glass heat treatment and is
a result of the company's long-term and systematic R&D work. 

“GlastonAir™ with its unique air flotation technology guarantees outstanding
optical quality of the end product. This is the product for demanding and
advanced special glass solutions when superb optical quality of the end product
is a must”, says Arto Metsänen, CEO and President of Glaston Corporation. 

ProBend™ allows production of high quality cylindrical safety glass and has the
capability of large glass sizes in bent tempered and heat strengthened as well
as in laminated products. 

“During our cooperation with Glaston we have been very impressed with the high
quality of the machines. With GlastonAir™ we can take even one step further
when processing extremely demanding special glasses in both architectural and
appliance businesses ”, says Christian T. Daes, COO of Tecnoglass. 

Tecnoglass, located in Barranquilla, Columbia, was founded in 1994. The company
has grown in a few years to become a major player in the glass processing
market. Tecnoglass exports to a number of Central and South American countries.
In addition, the US has become a major market for the company. 

Over the past years Tecnoglass has invested systematically to renew their
tempering fleet to the latest Glaston tempering furnaces in order to support
the business growth. Today the company can pride itself on having the most
modern fleet of furnaces in the world. 


For further information, please contact:
Juha Liettyä, SVP Machines, Tel. +358 10 500 500



GLASTON CORPORATION
Agneta Selroos
Director, Communications and Marketing



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

Distribution: NASDAQ OMX Helsinki Ltd, Key Media, www.glaston.net

Attachments:

Tecnoglass_23 Oct 2014.pdf