Sandvik Coromant Becomes New ISTMA Global Partner


Fair Lawn, New Jersey, May 30, 2008- Sandvik Coromant is pleased to announce that it was named a member of the International Special Tooling & Machining Association's (ISTMA) new Global Partner Program.

Established to stimulate development and competitiveness within the die and mold industry, the new program enables ISTMA to create strong partnerships with global suppliers that can best aid in the industry's development by providing knowledge, expertise and cooperation.

"As the first cutting tool supplier to join the Global Partner Program, Sandvik Coromant will quickly become a valuable partner to ISTMA," says Eduardo Beira, General Manager at ISTMA. "I am confident that the company's contribution to the development of the die and mold industry, as well as our program will be substantial."

"The new partnership with ISTMA gives us an excellent opportunity to offer the global die and mold industry with unique metal cutting knowledge," said Per Forssell, Manager, Application Management D&M at Sandvik Coromant. "But more importantly, it will provide our company with a better understanding of the industry's present needs and future concerns, enabling the development of optimal cutting tools and machining technology."

About Sandvik Coromant
As the world-leading supplier of high quality cutting tools, Sandvik Coromant helps customers think smart, work smart and earn smart. The company provided US customers with $70 million in documented cost savings in 2007.

For more information regarding products, applications and services that can help you earn smart, contact Sandvik Coromant Company, 1702 Nevins Road, Fair Lawn, NJ 07410, phone 201.794.5223, fax 201.794.5217 or visit http://www.coromant.sandvik.com/us.

Janae Cummings
Public Relations Associate
dgs Marketing Engineers
317.813.2230 Direct
317.813.2222 Main
317.813.2233 Fax

CONTACT:
Björn Roodzant
201.794.5223
Jim May, dgs
317.813.2226

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