One Million ModulT Disc Brakes from Haldex

The fast growing product line of ModulT air disc brakes from Haldex (STO:HLDX) has now been produced in one million units. ModulT was first being produced in 2011 and has grown to become one of the leading air disc brakes on the market in Europe. Three weeks ago the ModulT was introduced in USA and has been well received by customers and media.

"ModulT has turned into the fastest growing product for Haldex,” said Bo Annvik, President & CEO for Haldex. "The success for ModulT is based on close collaboration with customers to develop a product that offers low weight, high efficiency and lower total cost of ownership.”

ModulT is produced in the Landskrona facility in Sweden where a small celebration was conducted to mark the 1,000,000th unit.

About ModulT

Weighing in at a mere 31 kg – including the brake pads – it is the lightest 22.5" trailer brake on the market. That is achieved with a compact, modular design. In addition to its size, ModulT provides several distinct advantages including simplified maintenance that reduces downtime and with a high braking efficiency.

The ModulT family includes the 19.5” and 22.5-inch optimized trailer brake. It will soon be followed with 17.5-inch, 19.5-inch and 22.5-inch air disc brake sizes for trucks and buses.

For further information visit www.haldex.com

About Haldex

With more than 100 years of intensely focused innovation, Haldex holds unrivaled expertise in brake systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business delivering robust, technically superior solutions born from deep insight into our customers’ reality. By concentrating on our core competencies and following our strengths and passions, we combine both the operating speed and flexibility required by the market. Collaborative innovation is not only the essence of our products – it is also our philosophy. Our 2,140 employees, spread on four continents, are constantly challenging the conventional and strive to ensure that the products we deliver create unique value for our customers and all end-users. We are listed on the Nasdaq Stockholm Stock Exchange and have net sales of approximately 4.8 billion SEK.

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