Romax Technology and Hansen Transmissions announce combined offering

Romax Technology Limited ("Romax)", the drivetrain and gearbox solutions specialists and Hansen Transmissions International NV ("Hansen"), one of the leading wind turbine gearbox designers and manufacturers, have signed an agreement to combine their expertise to wind turbine manufacturers, primarily focussed on the Chinese and South-Korean markets.

Romax and Hansen will work together to deliver to certain Chinese and South Korean wind turbine manufacturers a complete and technically advanced service for the design, development and supply of state-of-the-art gearboxes for Multi MW wind turbines.

As quality, time-to-market and cost are the cornerstones of the wind turbine industry going forward, this collaboration between Romax and Hansen aims to meet the requirements of the wind turbine manufacturers for a comprehensive and advanced service. It will include the design, certification and field validation of their wind turbine drive trains as well as serial supply of the main components thereof through a one-stop service. The cooperation between Romax and Hansen aims to combine a shorter time-to-market, with high-end standards, plus serial testing and supply. The serial supply can be provided from Hansen's existing production facilities in Asia, including its state-of-the-art assembly and test facility in Tianjin, China.

The collaborative agreement is non-exclusive and allows both companies to continue to work independently.

"The Wind Power Industry will continue to experience significant growth over the coming years," said Luc De Proost, Chief Business Development Officer of Hansen. "Our partnership with Romax is a clear commitment to strengthening our resources, increasing and enhancing our offering, and targeting best in class time-to-market in the Asian region."

Dr. Stefan Lammens, Chief Technology Officer of Hansen, said: "We are excited by the prospect of developing this complementary relationship with Romax, as it enables Hansen to strengthen our position as one of the leading designers and manufacturers of high quality gear units whilst at the same time bringing our development activity closer to our Asian customers."

Dr. Peter Poon, Chief Executive Officer of Romax, commented: "It is our belief that combining the complementary capabilities and expertise of Hansen and Romax will drive the technical advancement and effective supply of gearboxes to the wind energy industry. At the same time, this is a step forward in the rapid global deployment of next generation wind turbines."

Notes to editors

Hansen Transmissions

Hansen Transmissions International NV is an established global wind turbine gearbox and industrial gearbox designer, manufacturer and supplier, with a leading position (by MW supplied) in the wind turbine gearbox market. The Company supplies gearboxes to the world's major manufacturers of gear-driven wind turbines and provides durable gear drives for a wide range of industrial applications throughout the world. Both Hansen's wind energy and industrial activities have established dedicated international service networks. In addition to its principal state-of-the-art manufacturing facilities located in Flanders, Belgium - i.e. a wind turbine and industrial gearbox plant and a fully integrated, dedicated wind turbine gearbox manufacturing facility - Hansen has a production plant for wind turbine gearboxes in Coimbatore, India and an assembly and testing plant for the Chinese market, located in Tianjin, China. As such, Hansen plans to increase its wind turbine gearbox manufacturing capabilities from 8,500 MW per annum in the financial year 2010 to 14,300 MW in financial year 2013. Strong in-house R&D operations maintain Hansen's technological leadership and the Company employs approximately 2,200 people worldwide.

www.hansentransmissions.com or http://ir.hansentransmissions.com

Romax Technology

Romax Technology (Romax) is a global engineering consultancy, whose Wind Energy division offers technically advanced design services and software tools for the development of wind turbine gearboxes, bearings and drive trains. They work alongside some of the industries leading companies and their service portfolio includes concept design, analysis and modelling, detail design, design review and certification as well as support services in the field of supply assessment, component specification and sourcing. Romax Wind Energy offices are based in UK (Nottingham), China (Beijing, Dalian & Hangzhou), South-Korea (Seoul), India (Pune) and USA (Boulder).

www.romaxtech.com