Singulus Technologies AG

Board/Management Information • Aug 17, 2009

News Details

Ad-hoc | 17 August 2009 18:34

SINGULUS TECHNOLOGIES announces changes to the Supervisory and Executive Boards

SINGULUS TECHNOLOGIES AG / Change of Personnel

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS TECHNOLOGIES announces changes to the Supervisory and Executive
Boards

Kahl am Main, August 17, 2009 - Mr. Stefan A. Baustert (Dipl.-Kfm.), Chief
Executive Officer of SINGULUS TECHNOLOGIES AG, is leaving the company as of
August 31, 2009 by mutual consent with the Supervisory Board.

At its meeting today, the Supervisory Board of SINGULUS TECHNOLOGIES AG
decided to appoint the company's Supervisory Board Chairman , Mr. Roland
Lacher, Dipl.-Ing. (67), to the Executive Board with immediate effect for
the period up to March 31, 2010 in line with Art. 105 Para. 2 of the Stock
Corporation Act (AktG). Mr. Roland Lacher will take on the post of Chief
Executive Officer of the company. Mr. Lacher will return to the SINGULUS
Supervisory Board as of April 1, 2010.

At the same time, the Supervisory Board decided to appoint Dr.-Ing Stefan
Rinck (51) as a member of the SINGULUS Executive Board effective September
1, 2009. Dr. Rinck most recently worked as managing director of Linde
Material Handling GmbH Co. KG/Kion Group and has international experience
in marketing / sales as well as developing technologically complex
products. He will also be appointed to the STANGL Executive Board as part
of the personnel sharing agreement. From April 1, 2010,
Dr. Rinck will become Chief Executive Officer of SINGULUS.

For the period of Mr. Lacher's posting in the SINGLUS Executive Board, the
Vice Chairman of the Supervisory Board, Dr. Wolfhard Leichnitz (56), will
fulfill the role of Chairman of the Supervisory Board.

In an effort to avoid a vacancy in the SINGULUS Supervisory Board, which
consists of three members according to the articles of the company, the
Supervisory Board has decided to approach the responsible local court in
Aschaffenburg with the proposal to appoint Mr. Jürgen Lauer (45, Dipl.-BW
and MBA) to the company's Supervisory Board immediately for the period up
to March 31, 2010.

The Supervisory Board is convinced that SINGULUS can quickly regain its
stability and continuity with these changes to the company's management.
This would allow the company to successfully overcome current and future
challenges in the markets for optical disc and photovoltaic equipment and
return to its growth track with fresh momentum in the medium term.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

For further information, please contact:

Bernhard Krause, Communications world wide
Tel.: + 49 (0) 6188 440 612 or 01709202924
17.08.2009 Financial News transmitted by DGAP

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Language: English
Issuer: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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