Singulus Technologies AG

Business and Financial Review • Oct 31, 2001

News Details

Ad-hoc | 31 October 2001 08:36

Singulus Technologies AG english

SINGULUS TECHNOLGIES Introduces New Productionline For Rewritable Discs Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– AD-HOC ANNOUNCEMENT IN ACCORDANCE WITH § 15 WPHG SINGULUS TECHNOLGIES Introduces New Productionline For Rewritable Discs First SUNLINE System Already Sold! The development phase of the SUNLINE replication line for rewritable discs (CD- RW and DVD+RW, DVD-RW and DVD RAM formats) has been successfully concluded. As a result, SINGULUS is able to offer a turnkey replication system (metallizer + system + process) for all existing rewritable formats. The first complete SUNLINE system was sold to a European customer within the framework of a major order valued at approx. 10 million Euro and has brought the market introduction of this strategically important new development to a successful close. We expect clear growth in the new business segment of rewritable CD-RW and DVD+RW, DVD-RW and DVD-RAM formats through the additional sales of MODULUS systems in combination with SUNLINE replication lines. The potential volume in the rewritable DVD consumer market for video and PC applications is substantial. The worldwide introduction of the first DVD recorders by PIONEER, PHILIPS, PANASONIC and other manufacturers, which were spotlighted during their European debut at this year’s Broadcast Exhibition in Berlin, will hasten the replacement of the analog video cassette and VCR by rewritable DVD and its digital quality. The sale of the first SUNLINE as well as additional MODULUS systems to customers including our key account PIONEER, fortifies our strong position in this new growth market. a152e-31-10-2001 Bernhard Krause, PR and Communications, Phone: +49-6181-982 80 20 end of ad-hoc-announcement (c)DGAP 31.10.2001 ——————————————————————————– WKN: 723 890; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 310836 Okt 01