Manz AG — Board/Management Information 2009

Jul 31, 2009

News Details

Corporate | 31 July 2009 07:59

Manz Automation AG: Supervisory Board extends contracts with the Managing Board and bids farewell to Otto Angerhofer as he enters retirement

Manz Automation AG / Change of Personnel

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• Managing Board contracts with Martin Hipp and Volker Renz extended by
  three years in each case
• Otto Angerhofer will retire from the company on July 31, 2009

Reutlingen, July 31, 2009. The Supervisory Board of Manz Automation AG, one
of the world's leading technology providers for the photovoltaic and LCD
industries, has decided to extend the contracts with CFO Martin Hipp (until
February 28, 2013) and COO Volker Renz (until April 30, 2013) ahead of time
by three years in each case. At the same time, Otto Angerhofer, a
long-standing member of the Managing Board, primarily responsible for the
systems.aico division, will retire as of July 31, 2009. In order to ensure
a smooth transition, he will continue to act as a consultant to the
company. In future, the CEO Dieter Manz will take over Otto Angerhofer's
tasks. It is not planned to re-staff this position on the Managing Board in
the first instance.

The Chairman of the Supervisory Board, Dr. Jan Wittig, thanked Otto
Angerhofer on behalf of the Managing and Supervisory Boards: 'We would like
to thank Otto Angerhofer for his personal commitment and his extraordinary
work for our company. He played a key role in our company's growth and
success, and he provided vital impetus with his ideas. Most recently, the
successful integration of the acquired Christian Majer GmbH & Co. KG and
the resulting new division for Li-ion batteries is primarily due to Mr.
Angerhofer.'

Martin Hipp (42) has been CFO since March 1, 2007 and is also responsible
for HR and IT. Volker Renz (42), COO, has headed Procurement and Logistics
as well as Production and Services since May 1, 2007. Both of these Board
members' contracts would normally have expired in the spring of 2010. Dr.
Jan Wittig explained this move: 'In taking this step we are honoring the
successful, foresighted work by the Managing Board, especially given the
current economy. Together with the CEO Dieter Manz, the company thus has a
well-established, stable management team to continue to maintain and
further expand Manz Automation's market leadership.'

Company profile: Manz Automation AG

Reutlingen-based Manz Automation AG (ISIN: DE000A0JQ5U3) is one of the
world's leading technology providers in terms of market shares for systems
for automation, quality assurance and laser process technology for the
photovoltaic industry and for automation and wet chemicals for the LCD
industry. The Manz Group's core competences are in robotics, image
processing, laser technology, wet chemicals as well as control and drive
technology. The Manz Group's key strategic divisions are photovoltaic
(systems.solar), LCD (systems.lcd) and OEM systems (systems.aico) for
automation in various industrial sectors and the life science industry. The
Manz Group has sales and service branches in Germany, Taiwan, the USA,
China, South Korea, India and Spain. In addition, the Manz Group has its
own production facilities in Germany, Slovakia, Hungary, Taiwan and China.
The Manz Group recorded revenues of EUR 236.5 million and an EBIT margin of
12.1% in fiscal year 2008. In the first three months of fiscal year 2009
the Manz Group recorded revenues of EUR 16.49 million.

Investor relations contact

cometis AG
Ulrich Wiehle / Dominic Großmann
Tel.: +49 (0)611 - 205855-15
Fax: +49 (0)611 - 205855-66
E-Mail: grossmann@cometis.de

31.07.2009 Financial News transmitted by DGAP

Language: English
Issuer: Manz Automation AG
Steigäckerstr. 5
72768 Reutlingen
Deutschland
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info@manz-automation.com
Internet: http://www.manz-automation.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart

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