SWEP Sweeps 2010 Frost & Sullivan Europe Market Share Leadership Award

LONDON, October 12, 2010 - The 2010 Frost & Sullivan Europe Market Share Leadership Award in the
Brazed Plate Heat Exchanger Market is presented to SWEP. The company captured
nearly 40 per cent of the European brazed plate heat exchanger market in 2009
and continues to hold the highest share by revenues.

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SWEP has continually focused on improving the heat transfer capability of
its products. Enhanced material selection, such as the use of new types of
stainless steel, has increased product resistance to corrosion, while
boosting reliability and cost-effectiveness.

"SWEP has consistently delivered products with better heat transfer,
higher performance and that offer efficient heat exchange solutions across a
wide capacity range," remarks Frost & Sullivan Research Analyst R. Padmanabha
Govindan. "In 2009, the company launched products that leveraged new types of
stainless steel that were either more resistant to corrosion or more cost
efficient, thereby offering customers greater choice and flexibility against
a backdrop of fluctuating steel prices and availability."

The company's primary focus has been on three business segments: air
conditioning, heating and refrigeration. Demonstrating its commitment to
innovation, it has released eight new products including the B8, B10, B25 and
DP300 in 2009 for these segments. SWEPs new products for the air conditioning
segment offer higher energy efficiency, resulting in cost savings throughout
the supply chain.

"The company has also developed products for environment-friendly
refrigerants," states Govindan. "These refrigerants optimise the use of the
heat exchanging surface and support a compact solution by enabling the
refrigerators' volume to be reduced. The achievement of company-wide ISO14001
certification has reassured customers who share a forward looking commitment
to the environment."

SWEP is actively trying to convert the technology used in shell and tube
heat exchangers (which are used widely in ACs) for use in brazed plate heat
exchangers. It is looking to replace the traditional use of other plate heat
exchangers in heating applications with appropriate brazed heat exchangers
that are more effective, compact and reduce the overall size of the system.

Six Sigma has been implemented in all the company's factories across the
world, with quality checkpoints being incorporated at regular intervals. This
has assured the highest standards in quality and environmental compliance for
orders placed in any part of the world.

SWEP was the first to launch an eBusiness initiative. 'Calculate Online'
covers SWEP's IC and standard range brazed plate heat exchangers. This
customised response system, started about six years back, has resulted in
customers being more involved in the product selection process.

SWEP is the first heat exchanger manufacturer to join European Heat Pump
Association (EHPA), the trade body for the heat pump industry. It is also a
member of the Swedish Heat Pumps Association (SVEP). Such memberships are
part of the company's drive towards achieving sustainable manufacturing
processes.

The Frost & Sullivan Award for Market Share Leadership is presented to
the company that has demonstrated excellence in capturing the highest market
share within its industry. The Award recognizes the company's leadership
position within the industry in terms of revenues or units, as specified.

Frost & Sullivan Best Practices Awards recognise companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.

About SWEP

SWEP is part of the global Dover Corporation, which is a worldwide
diversified manufacturer of innovative equipment, specialty systems and
value-added services for the industrial products, fluid management,
engineered systems and electronic technology markets. The company has an
annual turnover of US$250 million worldwide and has its headquarters in
Landskrona, Sweden. SWEP is a rapidly growing international company in the
heat transfer field with decades of creative work and leading edge
competence. Its production units are located in Sweden, Switzerland, USA,
Malaysia, Slovakia and China with sales force in more than 20 countries. SWEP
offers an eBusiness initiative where the best choice of brazed plate heat
exchanger from stock is suggested to customer upon entering their input data.
SWEP is the first heat exchanger manufacturer to join EHPA (European Heat
Pump Association), the trade body for the heat pump industry, as part of its
drive towards sustainable processes.

    SWEP Contact:

    Elizabeth Anderberg, Market Communications Manager, SWEP International AB
    Phone: +46-418-40-04-97, Mobile phone: +46-708-156938,
    E-mail: elizabeth.anderberg@swep.net

    Niklas Sparrenbom, Marketing Manager, SWEP International AB,
    Direct Phone: +46-418-400-861, Mobile: +46-708-769-441
    E-mail: niklas.sparrenbom@swep.net

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    Frost & Sullivan Contact:
    Ciara Jamie Connolly, Senior Events & Promotions Executive, EMEA,
    Best Practices, Frost & Sullivan,
    ciara.connolly@frost.com | P: +0044-(0)-207-915-7868 |
    F: +0044-(0)-207.730.3343 | www.frost.com

Elizabeth Anderberg, Market Communications Manager, SWEP International AB, +46-418-40-04-97, Mobile, +46-708-156938, elizabeth.anderberg at swep.net, or Niklas Sparrenbom, Marketing Manager, SWEP International AB, +46-418-400-861, Mobile, +46-708-769-441, niklas.sparrenbom at swep.net, both of SWEP; or Ciara Jamie Connolly, Senior Events & Promotions Executive, EMEA, Best Practices, Frost & Sullivan, +0044-0-207-915-7868, Fax, +0044-0-207-730-3343, ciara.connolly at frost.com