Välinge, MeisterWerke Sign License Agreement

Viken, Sweden, July 7, 2009--Välinge Innovation has signed a cross license agreement with MeisterWerke on its fold down side push technology and MasterClic Plus from MeisterWerke.

"We are very pleased to have finalized this agreement so that some interesting embodiments of this technology are not blocked by overlapping patents. The Side push system is a well proven strong technical and commercial alternative to the 5G system. We also believe that MeisterWerke as a leading producer and innovative company in Germany can bring additional credibility to the Side Push technology," says Per Nygren, market and sales director of Välinge Innovation