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RNS - Jenoptik subsidiary M+W Zander awarded major order by the flat-panel industry.

Company: JENOPTIK AG Date: 2004-04-16 Language: English Register to download

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 News Details

Ad-hoc | 16 April 2004 09:45

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Jenoptik subsidiary M+W Zander awarded major order by the flat-panel industry.

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Jenoptik subsidiary M+W Zander awarded major order by the flat-panel industry. M+W Zander to engineer and construct the clean room facilities for the new AU Optronics flat-panel factory. Order volume within the triple-figure million dollar range for M+W Zander. M+W Zander, a subsidiary of the JENOPTIK AG technology group has won another major order from the Taiwanese flat-panel manufacturer AU Optronics Corporation. M+W Zander is responsible for the engineering and construction of the clean room facilities for the new TFT-LCD fab of AU Optronics, one of the first 6th generation TFT-LCD production facilities in Taiwan. AU Optronics will manufacture TFT-LCD panels for large panel TV sets at the new fab, to be built at the Science Park in Taichung. Mass production of around 60,000 panels per month is expected to start in the 2nd quarter of 2005. The order is valued within the triple-figure million dollar range for M+W Zander. The project is M+W Zander’s largest single flat-panel order to date. The new fab will have a clean room area of more than 130,000 square meters spread over three stories. The order should be completed by the end of 2004. This major order will serve to expand the company’s longstanding successful market position in Taiwan. The continual service for key customers such as AU Optronics and the longstanding presence in Asia, especially in Taiwan were decisive for receiving the contract. M+W Zander was early in applying its semiconductor know-how to flat-panel applications. This long-term decision has now paid off during the current boom in the flat-panel industry. Contact: IR, Steffen Schneider, Phone/Fax +49(3641)-652290/2157; PR: Markus Wild, Phone/Fax +49(3641)-652255/2484; www.jenoptik.com end of ad-hoc-announcement (c)DGAP 16.04.2004 ——————————————————————————– WKN: 622910; ISIN: DE0006229107; Index: TecDAX, NEMAX 50 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 160945 Apr 04