[September 05, 2008] Swedish foundry software provider NovaCast Technologies AB wins new CGI system order in Brazil Tweet (Nordic Business Report Via Acquire Media NewsEdge) Swedish foundry software provider NovaCast Technologies AB (OMX Stockholm: NCAS B) said on Friday (5 September) that its subsidiary Graphyte AB has received an order for a process control system in Brazil. The order, placed by an unnamed Brazilian subcontractor to the automotive industry, covers a Graphyte CGI system, as well as maintenance services. The value of the order was not disclosed, but NovaCast Technologies said that it also includes licence revenue. NovaCast Technologies, headquartered in Olofstrom, Sweden, develops products and solutions for increasing the efficiency of manufacturing processes within the automotive and related industries. The company has some 50m employees and reported sales of SEK65.81m in 2007. One British pound (GBP) is worth approximately 11.62 Swedish kronor (SEK). ((Comments on this story may be sent to [email protected])) Copyright ? 2008 M2 Communications Ltd. [ Back To TMCnet.com's Homepage ]