Reosense, at Ideon Innovation in Lund, southern Sweden, is developing CureSense®, a system for improving productivity and quality in rubber mouldings, for companies such as Trelleborg Industrial AVS. During last winter, the company issued new shares to a value of SEK 2 million with Midroc New Technology, and in June 2009 Reosense was granted a conditional loan of SEK 1.8 million by ALMI*. Reosense will receive SEK 1 million now, and the remainder after meeting certain demands on new orders.

Reosense will use these new funds mainly for the marketing of its product, CureSense®, which is now ready for delivery. The first important marketing opportunity is the world's largest trade fair for the rubber industry, The International Rubber Conference (IRC), in Nuremberg, Germany at the end of June, where the CureSense® system will be demonstrated live in real injection moulds.

"News about our product and our first order has spread in the rubber industry. I've had a number of enquiries from large international players who had only read about us," says Jonas Lundberg, MD and founder of Reosense.

* More information on ALMI can be found on their website: www.almi.se/ALMI-in-English/