Singulus Technologies AG

Board/Management Information • Sep 5, 2002

News Details

Corporate | 5 September 2002 09:44

Singulus Technologies AG english

SINGULUS TECHNOLOGIES Appoints New Managing Board Member Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– SINGULUS TECHNOLOGIES Appoints New Managing Board Member to Head Development, Sales and Marketing Divisions! At a meeting held on Sept. 2, 2002, the Supervisory Board appointed Dipl. Ing. Klaus Hammen to the Managing Board of SINGULUS TECHNOLOGIES AG, Kahl/Main. Reiner Seiler (63) will be retiring upon expiration of his contract on October 31, 2002, bringing to a close his 5 years of service on the companys Managing Board. He, along with CEO Roland Lacher and financial investors, founded SINGULUS TECHNOLOGIES GmbH in June 1995. By employing a market-driven product policy, the company successfully expanded its global business activities, raising revenues from 45 million Euro in 1996 to 225 million Euro in 2001 and becoming the worldwide market leader in optical disc replication systems. Among Reiner Seilers many contributions instrumental to the companys success are his excellent business contacts, particularly in Asian regions. Klaus Hammen (35) will assume Reiner Seilers responsibilities as head of the Development, Sales and Marketing Divisions. His appointment to the Managing Board is a promotion made from within the ranks of SINGULUS employees. Klaus Hammen, who holds a degree in mechanical engineering from the Technical University of Munich, began his career as a Development Engineer and then as Director of Engineering at another company prior to joining SINGULUS TECHNOLOGIES on February 1, 2000 as Director of Engineering, Production and Logistics. Effective mid-year, Mr. Hammen was also appointed Managing Director of SINGULUS EMOULD GmbH, Aachen. CEO Roland Lachers 5-year contract extension assures a progressive generational transition among the organizations executives. 02-05-09-pi-e.doc For further information, please contact: Bernhard Krause, SINGULUS TECHNOLOGIES AG end of message, (c)DGAP 05.09.2002 ——————————————————————————– WKN: 723 890; ISIN: DE0007238909; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 050944 Sep 02