AGM Information • May 30, 2014
AGM Information
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Corporate | 30 May 2014 08:30
Annual General Meeting of SINGULUS TECHNOLOGIES Successfully Completed
SINGULUS TECHNOLOGIES AG / Key word(s): AGM/EGM
30.05.2014 / 08:30
Press release
Annual General Meeting of SINGULUS TECHNOLOGIES Successfully Completed
– All recommendations approved
– Auditor reelected
– New, conditional capital for option and convertible bonds approved
– All agenda items were approved at over 98%
– Outlook still optimistic
Kahl am Main, May 30, 2014 – The ordinary Annual General Meeting of the SINGULUS TECHNOLOGIES AG was successfully completed on May 28, 2014. Around 150 shareholders were present at the Annual General Meeting in the Auditorium of Commerzbank in Frankfurt am Main.
All items on the agenda were approved with at over 98%.
In his speech,Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES AG, commented on the course of business in the year 2013 as well as the 1 st quarter 2014 and presented the favorable Blu-ray Discs activities as well as the trends in the segments Semiconductors and Solar.
Dr.-Ing. Stefan Rinck is also optimistic for 2014: “In summary, with the positioning of our products and the targeted expansion of our product range, we expect relevant order intake in all segments, in particular the Solar segment, however. For the business year 2014 SINGULUS TECHNOLOGIES projects a slight increase in sales and in the operating result. An important condition for this is to achieve the goals in the Solar division.”
Dr. Rinck adds: “SINGULUS TECHNOLOGIES’ know-how offers very good opportunities to continue to strengthen the company by a mix of internal and external measures and to expand the position as a leading technology company and to also open additional future-oriented work areas.”
Background SINGULUS TECHNOLOGIES – Innovations for New Technologies
SINGULUS TECHNOLOGIES’ goal is the technologic leadership in the segments Optical Disc, Solar and Semiconductor as well as the use of synergies to open new work areas in the future. In this process SINGULUS TECHNOLOGIES focuses on solutions that are not only economical, but also sustainable and resource-efficient.
In the Optical Disc segment SINGULUS TECHNOLOGIES continues to expand its market leadership and today is already able to offer machines, which enable the production of triple-layer Blu-ray Disc wit a storage volume of about 100 GB in total.
In the Solar segment SINGULUS TECHNOLOGIES positions itself as a supplier for new production solutions for crystalline and thin-film solar cells, which with lower production costs increase the level of efficiency or achieve a higher level of efficiency. SINGULUS TECHNOLOGIES establishes itself in this market as a development partner and machine supplier for technologies enabling a sustainable and chosen energy provision on the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities on the vacuum coating of wafers with ultra thin layers for the manufacturing of MRAM memory, thin-film write/read heads, sensors and other semiconductor applications.
SINGULUS TECHNOLOGIES is continuously expanding its technologic know-how in the areas vacuum coating, automation, process technology as well as the integration of production steps in order to open further, attractive work areas. In this context, internal growth from the development of proprietary solutions as well as acquisition opportunities for the generation of external growth are analyzed with respect to their feasible implementation.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
End of Corporate News
30.05.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | SINGULUS TECHNOLOGIES AG |
| Hanauer Landstrasse 103 | |
| 63796 Kahl am Main | |
| Germany | |
| Phone: | +49 (0)1709202924 |
| Fax: | +49 (0)6188 440-110 |
| E-mail: | [email protected] |
| Internet: | www.singulus.de |
| ISIN: | DE0007238909, DE000A1MASJ4 |
| WKN: | 723890, A1MASJ |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 271276 30.05.2014 |
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