Regulatory Filings • Feb 29, 2012
Regulatory Filings
Open in ViewerOpens in native device viewer
News Details
Corporate | 29 February 2012 07:30
SINGULUS TECHNOLOGIES AG Delivers its First Production Machine for Rewritable Blu-ray Discs
SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
29.02.2012 / 07:30
Press Release
Singulus Technologies AG Delivers its First Production Machine for Rewritable Blu-ray Discs
– First inline system delivered
– Market for rewritable Blu-ray discs develops favorably
Kahl am Main, February 29, 2012 – Singulus Technologies Aktiengesellschaft (SINGULUS) delivered the first production system for rewritable Blu-ray discs (BD-R/BD-RE) to Asia. The replication line with the product name BLULINE BD-R/BD-RE is based on the proven components of the BLULINE II. SINGULUS had already delivered several modules for the production of rewritable Blu-ray discs to Asia in 2011.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS, comments: 'With our production machine for 50 GB Blu-ray discs, we have currently attained the technologic leadership, which we intend to expand further. On the basis of the successful BLULINE II, we developed a production system which meets the requirements of our customers for the industrial manufacturing of rewritable Blu-ray discs. On the basis of the double-digit growth market for Blu-ray discs, we now also expect an increasing demand for rewritable Blu-ray discs and therefore higher demand for our production systems'.
SINGULUS expects a market for rewriteable Blu-ray discs to develop. For both the CD and DVD a market for rewritable CDs and DVDs, respectively, developed approximately one to two years after the introduction of the formats. Therefore, SINGULUS intends to deliver production machines with automated key processing steps for once-writable and rewritable Blu-ray discs to large Asian disc manufacturers. With this, SINGULUS' goal is to position itself in the market for these optical storage media at an early stage.
In a study released in October 2010, the British market research institute FutureSource Consulting estimated that the production volume of rewritable Blu-ray discs would more than double from 2011 to 2014.
**Profile SINGULUS:
**SINGULUS continues to expand its activities in the business segments Solar and Optical Disc. The goal is to attain a leading position in the silicon and thin-film solar technology as a machine supplier as well as a development partner for new cell concepts and to maintain the market leadership in the Optical Disc segment for production equipment for the manufacturing of dual-layer Blu-ray discs. The business activities in the division Nano Deposition are extensively strengthened in the course of the apparent growing market for MRAM semi-conductor technology. In addition, the company reviews other sectors and work areas, where new market segments can be developed on the basis of the present know-how in the area of vacuum coating.
Contact:
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
End of Corporate News
29.02.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory 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: | SINGULUS TECHNOLOGIES AG |
| Hanauer Landstrasse 103 | |
| 63796 Kahl am Main | |
| Germany | |
| Phone: | +49 (0)1709202924 |
| Fax: | +49 (0)6188 440-110 |
| E-mail: | [email protected] |
| Internet: | www.singulus.de |
| ISIN: | DE0007238909 |
| WKN: | 723890 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 158541 29.02.2012 |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.