Rejlers increases its shareholding in APAS

(REJL B)
Rejlers has acquired an additional 50 percent of the Norwegian company APAS Energiteknikk AS from Statoil, Norway. After the acquisition Rejlers owns 65 percent of the company, the remainder is owned by the company's founder Arne Palm.

The company was founded in 1988 and is active in areas such as monitoring and analyzing energy application in buildings and administrative management of the oil boiler installations for customers such as Statoil.

Energy and Environment is a strategic focus area for Rejlers. APAS Energiteknikk skills and systems in the energy sector is an important part in the development of this area. Through the company's web analysis tool, 3RWEB, the user can monitor energy consumption, CO2 - emissions and waste management in buildings and properties. On this basis, the benefit from taken measures can be controlled.

The company's estimated turnover for 2010 is approximately 10 MNOK.

For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com


Rejlers is a Nordic expertise group within electro-technology, energy, mechanics, automation, electronics, IT and telecommunications. Rejlers' shares are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.00 on 3 December 2010.