In accordance with section 3.5 of Oslo Børs Continuing Obligations, Simtronics ASA hereby presents further information related to the agreement to acquire ETech Process AS ("ETech"), as announced on 20 December 2007. The Information Memorandum has been reviewed by Oslo Børs.

Simtronics ASA, the Norwegian fire and gas safety company, acquires 100% of the shares in ETech, for a price up to NOK 44.8 million, pending financial performance in ETech over the next three years. The acquisition is a part of Simtronics' strategy to become a leading supplier of systems for fire and gas safety.

Simtronics Information Memorandum

For further information please contact:

Rune Martini, CEO Simtronics ASA,
Phone +47 48 07 80 80

Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.