Regulatory Filings • Jun 22, 2012
Regulatory Filings
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News Details
Corporate | 22 June 2012 07:30
InTiCa Systems AG receives order to develop and produce key components for a new generation of hybrid engines
InTiCa Systems AG / Key word(s): Incoming Orders
22.06.2012 / 07:30
KONTAKT Walter Brückl | Vorsitzender des Vorstands
TEL +49 (0) 851 – 966 92 – 0
FAX +49 (0) 851 – 966 92 – 15
MAIL [email protected]
/
InTiCa Systems AG receives order to develop and produce key components for a new generation of hybrid engines
Passau, June 20, 2012 – InTiCa Systems AG (ISIN DE0005874846, Prime Standard) has been awarded an order by a well-known systems supplier to develop and product key components for use in the drive technology of a hybrid vehicle. An extremely demanding technological concept is needed to meet the high demands made on these components, which are needed for battery management. To safeguard the planned start of production (SOP) in early 2013, production of the necessary tools started in parallel with completion of the development phase. The contract is expected to run for 7 years and sales will be in the lower double-digit millions range. Use of the components in further model ranges and for other brands is currently under discussion.
InTiCa Systems AG
The Board of Directors
About InTiCa Systems:
InTiCa Systems is a European leader in the development, manufacture and commercialization of inductive components, passive analogue switching technology and mechatronic assemblies. It operates in the Automotive Technology, Communication Technology and Industrial Technology segments and has ca. 410 employees at its sites in Passau (Germany) and Prachatice (Czech Republic).
The Automotive Technology segment focuses on innovative products that raise the comfort and safety of cars, improve the performance of electric and hybrid vehicles and reduce carbon emissions. InTiCa Systems’ Communication Technology segment is the German market leader in splitters for the transmission of broadband signals, while the Industrial Electronics segment develops and manufactures mechatronic assemblies for the solar industry and other industrial applications.
Forward-looking Statements and Predictions
This press release contains statements and forecasts referring to the future development of InTiCa Systems AG which are based on current assumptions and estimates by the management that are made using information currently available to them. If the underlying assumptions do not materialize, the actual figures may differ substantially from such estimates. Future developments and results are in fact dependent on a large number of factors; they contain different risks and imponderables and are based on assumptions that may not be accurate. We neither intend not assume any obligation to update forward-looking statements on an ongoing basis as these are based exclusively on the circumstances prevailing on the date of publication.
End of Corporate News
22.06.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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: | InTiCa Systems AG |
| Spitalhofstraße 94 | |
| 94032 Passau | |
| Germany | |
| Phone: | 0851 / 96692 0 |
| Fax: | 0851 / 96692 15 |
| E-mail: | [email protected] |
| Internet: | www.intica-systems.de |
| ISIN: | DE0005874846 |
| WKN: | 587484 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 174891 22.06.2012 |
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