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Schweizer Electronic AG

Board/Management Information Jun 26, 2014

384_rns_2014-06-26_41e742ad-5a5e-448a-be6c-8ba5b2013fc1.html

Board/Management Information

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Corporate | 26 June 2014 11:07

Schweizer Electronic AG: Dr. Marc Schweizer was elected Board Member of Meiko Electronics

Schweizer Electronic AG / Key word(s): Miscellaneous

26.06.2014 / 11:07


Schramberg, June 26, 2014 – SCHWEIZER is pleased to announce that Dr. Marc Schweizer, CEO of Schweizer Electronic AG, was elected Board Member of Meiko Electronics Co. Ltd today. His nomination earlier this year has been in line with the time schedule of the joint venture with Meiko Electronics, both partners agreed on in December 2012. The two companies joined forces in order to build a common production line for the manufacturing of PCBs dedicated to European customers in the automotive and industry segments. The election today is a proof that MEIKO’s shareholders are committed to this partnership as well.

“I am honoured to be elected Board Member of MEIKO. Following the foundation of our partnership with MEIKO in April 2009, our mutual shareholding and the foundation of our joint venture in 2012, my nomination has been the next milestone within the timeline we set ourselves for our partnership. It is very pleasing to see that MEIKO’s shareholders support this nomination and our cooperation. At the same time the election marks a step towards internationalisation of MEIKO’s Board,” says Dr. Marc Schweizer, CEO of Schweizer Electronic AG.

About Schweizer

Schweizer Electronic AG is a global best-in-class technology company, manufacturing premium PCBs, innovative solutions and services for automotive, solar, industry and aviation electronics. Based on recognized technology and consultancy competencies, SCHWEIZER’s products and systems address key challenges in the areas of Power Electronics, Embedding and System Cost Reduction and are characterized by energy and environmentally friendly features. Together with its partners Elekonta Marek GmbH & Co. KG, Meiko Electronics Co. Ltd. and WUS Printed Circuit., Ltd. the company offers through its electronics division cost and production optimised solutions for small, medium and large series and within this network employs more than 20,000 people in Germany, Japan, China and Vietnam.

With about 700 employees SCHWEIZER achieved sales of 101.2 million Euro in Fiscal Year 2013 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart and Frankfurt Stock Exchanges (ticker symbol “SCE”, “ISIN DE 000515623”).

About MEIKO

Meiko Electronics Co., Ltd., Ayase/Japan, the core company of the Meiko Group, established in 1975, designs, manufactures and sells Printed Circuit Boards (PCBs). The Meiko Group consists of Meiko Electronics Co., Ltd. and its 10 affiliates. The Group is headquartered in Ayase City in Japan; and it operates four PCB manufacturing sites in Japan, two sites in China and one site in Vietnam. The group not only offers a wide range of PCBs (double-sided/multi-layer through-hole, HDI, flexible, flex-rigid, large electric current, heat releasing, embedded) but also sells metal masks, electronic manufacturing service and metal mask development. MEIKO is publicly listed and employs about 12,000 employees (as of March 2014). Total annual sales amounted to JPY 79,231 million in Fiscal Year 2013 (ended March 2014).

For further information please contact:

Christina Blake

Schweizer Electronic AG

Einsteinstraße 10

78713 Schramberg

Phone: +49 7422 / 512-213

Fax: +49 7422 / 512-777-213

E-mail: [email protected]

Please visit our website: www.morethanPCBs.com

End of Corporate News


26.06.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group 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: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: [email protected]
Internet: www.schweizer.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin
End of News DGAP News-Service
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275330  26.06.2014

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