ABB wins $75 million in orders from Stadler Rail

ABB traction technologies for train projects in Norway and other countries

Zurich, Switzerland, July 31, 2009 – ABB, the leading power and automation technology group, has won orders worth about $75 million from Swiss train manufacturer Stadler Rail to supply traction and onboard power equipment.

The equipment will be installed in 50 light electric trains for Norwegian State Railways to be used in the Greater Oslo area and as intercity trains in southern Norway. The orders also include compact integrated traction converters for about 30 diesel-electric trains Stadler Rail is building for transport companies in the United States, Austria and other countries.

“This contract clearly demonstrates ABB's special combination of leading-edge technology and rail industry expertise,” said Tom Sjoekvist, head of ABB’s Automation Products division. "It confirms our position as a reliable, long-term partner and the supplier of choice for modern rail systems." These orders, booked in the second quarter of 2009, continue a highly productive business cooperation between ABB and Stadler Rail that began in 2002.

In late 2008, ABB won similar orders from Stadler Rail to supply power electronics traction equipment for trains used in Finland, Germany, Hungary, Italy, Poland and Switzerland.

ABB’s scope of supply includes specially designed traction converters with integrated onboard power supplies as well as traction transformers. Compact, lightweight ABB traction products convert electricity from overhead power lines or diesel generators to the voltage levels needed by a train's motors and a host of auxiliary power systems (lighting, heating, ventilation, automatic doors, etc.).

ABB has a long history of providing reliable, innovative and energy-efficient technologies to the rail sector, manufacturing and servicing all the systems, subsystems and components used in modern urban, conventional and high-speed rail networks. This includes rail infrastructure and components for rolling stock, as well as signalling and telecommunication systems.

Increasing concern for the environment, rapid urbanization, the need to move more people and freight faster, especially in emerging economies, as well as volatile fuel prices make rail one of several high-potential growth industries ABB has specifically targeted for its power and automation technologies.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.

For help with any technical terms in this release, please go to: www.abb.com/glossary

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