Singulus Technologies AG

M&A Activity • Feb 8, 2007

News Details

Corporate | 8 February 2007 15:15

Singulus Technologies AG: SINGULUS Continues Portfolio Optimization: Disposal of STEAG ETA-OPTIK

SINGULUS TECHNOLOGIES AG / Disposal

Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Kahl am Main, February 08, 2007 - The HamaTech AG (HamaTech), a company in
the SINGULUS TECHNOLOGIES Group sells 100 % of the shares in the STEAG
ETA-Optik GmbH (ETA-Optik), Heinsberg, to the stock-listed Swedish company
AudioDev AB, Malmö. The purchase price of € 3.25 million shall be paid in
cash today. Therefore, the disposal becomes effective as of February 8,
2007. With the sale of the shares the company and its about 40 employees
are no longer part of the scope of consolidation of HamaTech and therefore
of the SINGULUS TECHNOLOGIES Group. In 2006, ETA-Optik generated sales of €
4.85 million.

Optical measuring technology and analytic systems by ETA-Optik are used in
various sectors for automation and process control of complex procedures.
SINGULUS will continue to employ measuring equipment by ETA-Optik for
optical disc replication lines in the future.

After the disposal of 51 % of the shares in the Slovakian subsidiary in
Nové Mesto as of October 1, 2006, the portfolio optimization is continuing.
With this step SINGULUS has sold an additional non-core activity. With the
closing of the HamaTech acquisition on January 27, 2006 SINGULUS had
announced to sell non-core activities if attractive offers are submitted or
to transfer the businesses into joint ventures with strategic partners.

End of the press release

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main
Contact:
Maren Schuster, Investor Relations,Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 170 920 29 24

DGAP 08.02.2007

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: maren.schuster@singulus.de
WWW: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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