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Softing AG — Regulatory Filings 2012
Aug 30, 2012
405_rns_2012-08-30_a51b1455-ce70-4d4a-a3bf-dc437c61df40.html
Regulatory Filings
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Corporate | 30 August 2012 10:42
Softing AG: New order from the world’s largest pump manufacturer
Softing AG / Key word(s): Incoming Orders
30.08.2012 / 10:42
Softing: New order from the world's largest pump manufacturer
Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
The Industrial Automation division of Softing AG will deploy its new FPGA-based module in GRUNDFOS' communication devices supporting the existing portfolio of advanced pump solutions. An annual production of more than 16 million pumps makes GRUNDFOS the world's largest pump manufacturer.
'We are proud to support GRUNDFOS with these modern and highly flexible communication modules. Following the recent successes of our Automotive Electronics division I am particularly delighted how this deal clearly shows the growth potential of our Industrial Communications division ', says CEO und Softing shareholder Dr. Wolfgang Trier.
For Softing this framework agreement running over a period of several years will result in direct additional sales in the 7-digit Euro range. On top of that the resulting proof of competence will have significant positive effects on other potential key customers. The main volume of the combined hardware and software products will be effective from 2013 on. The additional sales volume of this deal will be another strong support element of Softing's growth strategy.
About Softing:
Softing AG is a globally operating management holding. Softing companies provide hardware and software products within its Industrial Automation and its Automotive Electronics divisions. In close cooperation with its customers, Softing develops high-end technology products based on industry communication standards as well as individual solutions. Softing is operating in growth industries with both divisions. Softing has set the objective to continue its profitable expansion with double-digit growth rates.
Responsible for the content of the dissemination:
Dr. Wolfgang Trier
Tel: +49 (0) 89 45656 0
End of Corporate News
30.08.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Softing AG |
| Richard-Reitzner-Allee 6 | |
| 85540 Haar | |
| Germany | |
| Phone: | +49 (0)89 456 56-333 |
| Fax: | +49 (0)89 456 56-399 |
| E-mail: | [email protected] |
| Internet: | www.softing.com |
| ISIN: | DE0005178008 |
| WKN: | 517800 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 183498 30.08.2012 |