Board/Management Information • Feb 19, 2013
Board/Management Information
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Ad-hoc | 19 February 2013 07:10
Leclanché SA enlarges Management Team
Leclanché SA / Key word(s): Change of Personnel
19.02.2013 07:10
Leclanché
Press Release
Leclanché SA enlarges Management Team
Yverdon-les-Bains, Switzerland, 19 February 2013 - Leclanché S.A. (SIX
Swiss Exchange: LECN), specialized in the production of large-format
lithium-ion cells and energy storage solutions, announced today that
Fabrizio Marzolini will join the Management Team of Leclanché SA, with
immediate effect. Mr. Marzolini, who started with the company in 1994, is
responsible for the development of portable and stationary storage systems,
with teams reporting to him both in Yverdon and Willstätt.
The company also announces that Talisman Infrastructure Ventures LLP, who
has recently been appointed to support the company's development and
strategic objectives during the current turnaround process, will assist and
report directly to the Board of Directors, while working closely and in
agreement with the Management Team.
Talisman was appointed on February 7, 2013 by the Board of directors as
advisors for a turnaround plan, which aims at reducing costs by
streamlining the organisation, strengthening key management functions,
particularly in sales and production and applying a stronger focus on 'go
to market' processes for Leclanché's Lithium-ion storage systems, while
establishing key alliances to accelerate the market capture for Leclanché's
products. In addition, the plan calls for maximizing the contribution from
existing businesses.
About Leclanché
Leclanché's strategy is to expand its position as one of the leading
lithium-ion cell producers and solution providers for renewable energy
storage systems in Europe. Its strategic priorities are stationary home
electrical energy storage applications and expansion into the stationary
industrial and grid electricity storage markets. Through participation in
research consortia focusing on hybrid and E-mobility applications,
Leclanché is positioned to take advantage of new market opportunities.
Through a unique, patented ceramic separator technology and focus on
lithium-titanate technology, Leclanché manufactures large-format
lithium-ion cells, optimized for safety and cycle-life, in a fully
automated production process. The newly installed production line will have
an annual capacity of 1 million cells or 76 MWh.
Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration
of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company evolved
from a traditional battery manufacturer to become a leading developer and
manufacturer of lithium-ion cells in Europe. Leclanché currently employs
120 staff and is listed on the SIX Swiss Exchange (LECN). The company has
its headquarters in Yverdon-les-Bains (Switzerland) and production
facilities in Willstätt (Germany).
www.leclanche.eu
Media contact:
Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87,
[email protected]@dynamicsgroup.ch
Disclaimer
This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected',
'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims',
'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar
expressions, or by expressed or implied discussions regarding the ramp up
of Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will
achieve any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.
19.02.2013 News transmitted by EquityStory AG.
The issuer is responsible for the contents of the release.
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Language: English
Company: Leclanché SA
Av. des Sports 42
1400 Yverdon-les-Bains
Switzerland
Phone: +41 (24) 424 65-00
Fax: +41 (24) 424 65-20
E-mail: [email protected]
Internet: www.leclanche.com
ISIN: CH0110303119, CH0016271550
Swiss Security Number: A1CUUB, 812950
Listed: SIX
End of Announcement EquityStory News-Service
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