Order intake during the third quarter was the highest in several years, 44% above the same quarter of 2005, which combined with the earlier high order intake resulted in an increase of 21% for the first nine months. Order intake grew in all regions, particularly in Southern Europe and Asia. The recently acquired company in Canada contributed positively to order intake and net sales. Several significant orders were received from electronics and consumer goods manufacturers.

- Net sales amounted to $ 126 million (116).

- Earnings before interest, taxes and amortization of goodwill (EBITA) amounted to
$ 11.2 million (11.6). The EBITA margin was 9% (10%).

- Working capital amounted to $ 15.1 million (14.8).

FlexLink is a leading global supplier of automation solutions to assembly and manufacturing industries. Based in Göteborg, Sweden, FlexLink employs 600 people and operates 24 international companies with representatives in 60 countries. In 2005, Group turnover was $ 154 million.

Göteborg, October 23, 2006

FlexLink Group

For further information, please contact:

Paul Jarossy                                 Mats Nilsson
Director of Marketing - Americas     Corporate Communication
PH: 610-973-8230                          +46-31-337 1220
FX: 610-973-8345                           +46-703-77 1220
paul.jarossy@flexlink.com               mats.nilsson@flexlink.com

FlexLink AB, SE-415 50 Göteborg, Sweden. Phone +46-31-337 3100, Fax +46-31-337 2233
FlexLink Systems, Inc. 6580 Snowdrift Rd Allentown, PA 18106. Phone 610-973-8200
www.flexlink.com