Glaston Oyj Abp - Company Announcement

Glaston closes deal for three FC500™ furnaces in the United States

Helsinki, Finland, 2015-11-09 14:05 CET (GLOBE NEWSWIRE) -- GLASTON CORPORATION
             Stock exchange release         9 November 2015 at 15.05 



Glaston closes deal for three FC500™ furnaces in the United States

Glaston Corporation has closed a significant deal with U.S based Trulite Glass& Aluminium Solutions for three FC500™ tempering furnaces including iControL
Quantum™ Automation and Reporting system and Glaston Care service agreements.
The order is split between the Q3 and Q4 2015 order book. The machines are
delivered during the first and second quarters in 2016. 

In addition to the FC500™ furnace deal the parties have earlier agreed on major
upgrades for two Glassrobots' machines as well as on other machine upgrades and
relocations. 

Trulite Glass & Aluminum Solutions is one of North America's largest
architectural glass and aluminum fabricators. The company manufactures and
distributes architectural aluminum, insulated units, mirrors, tempered,
laminated, and decorative glass from their 28 locations throughout the U.S. and
Canada. 

‘It was a true pleasure to meet with Trulite's top Management at Glass Build
America in Atlanta, and hear the obvious excitement they have for the future
growth of their operations, and how Glaston plays a significant role in this“,
says Arto Metsänen, Glaston Corporation's President & CEO. 

“Trulite Glass & Aluminum Solutions is very excited to build on our partnership
with a true leader in convection furnace technology. Glaston continues to raise
the bar with industry leading solutions that produce superior optical surface
quality in high performance glass products. Along with these investments
Trulite is also well underway with 4 other Glaston furnace projects and we look
forward to a mutually beneficial partnership. Our success together is based on
providing superior quality flat glass products to meet and or exceed our
customer's needs”, says Paul Mahedy, Executive Vice President, Trulite Glass
and Aluminum Solutions. 

Launched in 2011, the Glaston FC500™ tempering line has gained a solid position
on the market. 

“Glaston FC500™ tempering furnace responds excellently to our customer's needs.
This furnace is well-known for high capacity, energy efficiency and ease of use
as well as for the premium quality of the end products. The FC500™ has
established itself as the number one choice for customers who value superior
optical quality and want to explore new capabilities”, says Arto Metsänen. 


For further information, please contact:
Glaston Corporation
Arto Metsänen, CEO & President, phone +358 10 500 500
Scott Steffy, VP Sales and Service, North America, phone +18567803013


GLASTON CORPORATION
Agneta Selroos
Communications Director
phone: +358 40 7453 737


Glaston Corporation
Glaston is a leading company in glass processing technologies. We provide
high-quality heat treatment machines and services for architectural, solar,
appliance and automotive applications. We are committed to our customers'
success over the entire lifecycle of our offering. Moreover, we continuously
innovate and develop technologies to enable the glass processing industry to
reach ever higher standards in quality and safety. Glaston's shares (GLA1V) are
listed on the NASDAQ OMX Helsinki Ltd. in Finland. For more information, please
visit: www.glaston.net 

Distribution: NASDAQ OMX Helsinki, key media, www.glaston.net