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, [phone]
Lars Solin, CFO, [phone]
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.

[HUG#1468594]

Press release (pdf):
http://hugin.info/131990/R/1468594/406111.pdf

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Source: Rejlers via Thomson Reuters ONE

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