Atlas Copco Rewards New Marketing Concepts and Product Innovations.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--April 28, 2000 At Atlas Atlas, in Greek mythology Atlas (ăt`ləs), in Greek mythology, a Titan; son of Iapetus and Clymene and the brother of Prometheus. Copco's Annual General Meeting held Thursday, the prestigious "Peter Wallenberg Marketing and Sales Award" and "John Munck Award" were presented, to reward new marketing and sales concepts and new innovative products. The "Peter Wallenberg Marketing and Sales Award" was presented for the fourth time. Its purpose is to reward extraordinary sales efforts and the introduction of new marketing and sales methods. This year the award was shared between Mr. Yngve Revander, General Manager for Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. Tools, Germany, and Mr. Tom Tysl, Regional Manager, Prime Service Inc., USA. Mr. Revander received his award for his consistent work to provide a solid platform for the industrial tool business in Germany, and Mr. Tysl for his foresighted fore·sight n. 1. Perception of the significance and nature of events before they have occurred. 2. Care in providing for the future; prudence. See Synonyms at prudence. 3. The act of looking forward. method on how to serve small short-term rental customers. The "John Munck Award," which was established in 1990 to reward the best innovative technical development contribution during the year, was presented for the tenth time. This year the award was presented to the three innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. behind the Coprod system: Karl-Axel Stjernstrom, Uniroc, and Kurt Andersson and Jorgen Rodert, both Atlas Copco Rock Drilling Equipment. The Coprod system is a patented innovation, which will provide an important increase in drilling productivity for large hole sizes. Dr. Peter Wallenberg, honorary chairman of Atlas Copco AB, worked 20 years for the Group, before he became Chairman of the Board (1974-1996). John Munck worked for Atlas Copco for 40 years, and was the Group's technical director at the time of his retirement in 1970. Atlas Copco is an international industrial Group with its head office in Stockholm, Sweden. In 1999, the Group had revenues of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 36 billion, with 97 percent of revenues outside Sweden, and over 26,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools pneumatic tool (n  măt`ĭk), instrument activated by air pressure. Pneumatic tools are designed around three basic devices: the air cylinder, the vane motor, and the sprayer. , compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. equipment and generators,
construction and mining equipment, assembly systems, and offer related
service and equipment rental. More information is available on
www.atlascopco.com.
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