PARIS, FRANCE AND WALNUT CREEK, CA., 17 November 2000 — Locus Technologies International, LLC (Locus), a fully owned subsidiary of Locus Technologies, today announced that they acted as environmental consultant to ADtranz and Lucchini Group for environmental due diligence and site investigation during sale of ADtranz Wheelset manufacturing facilities in Manchester, UK and Surahammar, Sweden to the Lucchini Group of Brescia, Italy. The ADtranz facilities being sold produce approximately 50,000 wheels and some 3,200 assembled wheelsets annually for various railway applications. Together, the ADtranz Wheelset plants have more than two centuries of experience in the production of wheels, with the first such activities dating back to 1866 in Surahammar and 1908 in Manchester. Locus performed fast-track field investigation at the Surahammar facility and supervised field investigation performed at the Manchester site. Locus also assisted in review of legal documents and insurance guarantees related to environmental liabilities.
“We are very pleased that Locus was selected to assist ADtranz and Lucchini with this important transaction,” said Neno Duplancic, President and CEO of Locus. “Locus was able to mobilize necessary resources in a short period of time and perform field investigation at manufacturing facilities that have been in operation over a century. This performance demonstrates our ability to provide excellent services to our clients around the globe on short notice. We are also pleased that Lucchini has expanded its relationship with Locus from environmental projects in France and Italy to include newly acquired sites in the UK and Sweden. We believe application of Locus’s award-winning Internet portal, LocusFocus™, to these environmental projects is a big reason for this expansion.”
The Lucchini Group, with 20 plants throughout Europe (10 in Italy, nine in France, and one in Poland), is a leader in the manufacturing of quality long-steel products. The Lucchini Group has annual revenues of 1.7 billion Euros. ADtranz is a leading global provider of railway services, systems, and rolling stock and operates under the legal name “DaimlerChrysler Rail Systems” and had 1999 total sales of 3.5 billion Euros.”