Singulus Technologies AG

M&A Activity • Dec 7, 2009

News Details

Corporate | 7 December 2009 23:30

SINGULUS TECHNOLOGIES AG Acquires 100 % of the Shares of Solar Technology Company STANGL Ahead of Schedule

SINGULUS TECHNOLOGIES AG / Mergers & Acquisitions

07.12.2009

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Press release

SINGULUS TECHNOLOGIES AG Acquires 100 % of the Shares of Solar Technology
Company STANGL Ahead of Schedule

• Complete integration of STANGL can be achieved ahead of schedule

• Consistent expansion of Solar activities planned

• System business will be set up

Kahl am Main, December 07, 2009 - The SINGULUS TECHNOLOGIES AG (SINGULUS),
Kahl, acquired the remaining 49 % of the STANGL Semiconductor Equipment AG
(STANGL), Fürstenfeldbruck near Munich. A relevant agreement was signed
today on December 7, 2009. SINGULUS expects the closing to be completed by
the end of the year and will own 100 % of the shares of STANGL after the
acquisition.

SINGULUS thus succeeded in advancing the purchase of the STANGL shares
ahead of plans and to pay a significantly lower purchase price than for the
first tranche in 2007.

With the complete acquisition of STANGL SINGULUS lays the foundation for an
even faster expansion in the Solar segment. 'STANGL was the first
acquisition outside of our traditional work area of optical production
machines. It enabled us to gain the strategically very important market
access to the solar industry. We will focus more intensively on the system
business with production equipment for solar cells and leverage our
know-how in coating and automation technologies as well as in the system
business', comments Roland Lacher, Chief Executive Officer of the SINGULUS
TECHNOLOGIES AG.

Roland Lacher adds: 'Customers' demand is increasingly focused on improved
cell concepts with higher efficiency and optimized production technologies
with production costs declining at the same time. The required improvements
affect all processing steps of both the silicon and the thin-film solar
technology. SINGULUS and STANGL are cooperating with leading cell producers
in the development of new technologies and new plant concepts'.

SINGULUS TECHNOLOGIES together with STANGL will systematically expand the
Solar activities. STANGL is one of the key providers of wet-chemical
machines for both the crystalline silicon solar technology as well as for
the thin-film solar technology. Combined with STANGL's machines SINGULUS
offers important machine groups for a production line for crystalline
silicon solar cells with wet-chemical, vacuum coating and wafer handling
technology. New production expertise is integrated and offered for
thin-film solar technology as well.

The goal is to expand the position for production machines and systems for
solar cells in the next couple of years and to benefit from the future
growth in this market.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

Contact:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612,

Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280 20 /
+49 (0) 170 9202924

07.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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