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Singulus Technologies AG

Business and Financial Review Jan 16, 2008

394_rns_2008-01-16_25c95981-7d03-418f-a5bf-3f1192ba3c60.html

Business and Financial Review

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News Details

Corporate | 16 January 2008 08:14

SINGULUS Expands Solar Production at STANGL

SINGULUS TECHNOLOGIES AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Press release

SINGULUS Expands Solar Production at STANGL

Kahl am Main, January 16, 2008 - The SINGULUS TECHNOLOGIES AG (SINGULUS)
decided to double its production capacity for solar equipment at the
subsidiary STANGL Semiconductor Equipment AG (STANGL) by the spring of
2009. In addition, the expansion of the location offers the opportunity to
combine the production of STANGL in Eichenau and surroundings at 4 assembly
sites to one complex of buildings. STANGL intends to use the enlarged
production capacity for the processing of the continuing order boom in the
solar industry within the coming 18 months.

In the first stage of the expansion the production capacity will be doubled
on an area of more than 6,400 sqm. At the final stage the production site
will be enlarged to an area of 15,000 sqm, of which 2,500 sqm of office
space is projected for sales, marketing and administration.

STANGL expects an approx. 50 % growth rate in 2007 compared to 2006. The
company also projects double-digit growth rates in the next couple of
years. With STANGL SINGULUS succeeded in gaining instant market access to a
market which promises a long-term positive trend with double-digit growth
rates.

Together with STANGL SINGULUS is a strong player in solar technology

STANGL and SINGULUS will consistently expand the solar activities. Both
companies perfectly complement each other in order to be able to offer a
broad product range of machines and equipment for the photovoltaics
industry in the next couple of years. While STANGL focuses on wet-chemical
processes, SINGULUS’ core competence is physical coating technology and the
integration of different processing steps in complete, predominantly
automated, production lines. In particular the machine integration
know-how, which SINGULUS has proven to possess in the automation of CD and
DVD production lines, is an optimum starting point for the development of
highly-profitable, fully-automated production lines.

We expect the work area Solar to become the most important driver of growth
in the SINGULUS Group.

Short profile SINGULUS TECHNOLOGIES

SINGULUS TECHNOLOGIES is market leader for optical disc production lines
and is the only manufacturer globally to offer the complete range of
products: mastering, molding and replication lines.

In addition to the further development of the core activities of Optical
Disc, the diversification into new work areas is the most important
strategic target.

With the acquisition of the STANGL AG SINGULUS successfully entered the
solar equipment market. The new business area Solar will be strongly
expanded in the next couple of years.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

For further information please contact:
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181-9828020
16.01.2008 Financial News transmitted by DGAP


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: [email protected]
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service


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