Earnings Release • Jul 21, 2011
Earnings Release
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Ad-hoc | 21 July 2011 13:08
First Sensor AG: Second significant contract extension with a major customer, Sales of up to 22 million euros
First Sensor AG / Key word(s): Contract/Development of Sales
21.07.2011 13:08
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Second significant contract extension with a major customer
Sales of up to 22 million euros
Berlin, July 21, 2011
Silicon Micro Sensors GmbH, a wholly owned subsidiary of First Sensor AG
(formally Silicon Sensor), today accepted a nomination for delivery of
sensor based high-end camera systems to a well-known German
automobile manufacturer. With the acception of the nomination the supply
contract of August 2010 will significantly be extended.
The camera system which initially was integrated only into two spezific
models is now part of all model ranges of the automobile manufacturer's
advanced driver assistance system. Over the coming years, the annual number
of units to be delivered is to be more than trippled and, at the same time,
the contract term extended ahead of time until 2018.
At the present time, the Board of Directors expects that the contract for
the term until 2018 will comprise a sales volume of up to 22 million euros.
This is already the second significant extension of contract the First
Sensor Group has received within a short period of time. On June 29th the
corporation announced an appropriate increase in order volume of the
production of a sensor module for steering angle detection for a major
European automobile supplier.
For more information on the company, please visit www.first-sensor.com or
call us on
Tel.: +49 30 6399 23-710.
First Sensor AG
Board of Directors
About First Sensor:
First Sensor AG is a leading supplier of custom sensor solutions for highly
sophisticated requirements addressing life science, industrial, mobility,
security, and aerospace industries. In 2010 First Sensor achieved annual
sales of EUR45.2 million, employing more than 400 people worldwide. Founded
1991 in Berlin, Germany, First Sensor AG has been listed on the Frankfurt
Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN:
DE0007201907 Ι SIS]. For further information please visit
www.first-sensor.com.
21.07.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-710
Fax: +49 (0)30 63 99 23-719
E-mail: [email protected]
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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