Viscom AG — Regulatory Filings 2008

Nov 26, 2008

News Details

Corporate | 26 November 2008 11:40

Viscom AG plans cost reductions

Viscom AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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• Overall economic performance unsatisfactory
• Substantial measures to reduce costs
• Worldwide personnel reductions are planned

Hanover, 26 November 2008 – During the next few months, the Viscom AG
expects noticeable revenue reductions as a consequence of the international
financial crisis and its impact on the economy. 'Due to reduced production
in the automotive and automotive supplier industries, the company is
experiencing a prolonged cutback in investment activity by its customers,'
reports Ulrich Mohr, Executive Board member and financial officer of the
Viscom AG. 'Therefore, the forecast for 2008 already had to be reduced
substantially at the beginning of this month.'

Since short to medium term predictions do not indicate a definite recovery
in the market, the Viscom AG plans substantial measures to reduce costs. In
addition to decreasing operating expenses and reducing costs in the
subsidiaries, personnel measures are also planned. First to be affected are
temporary employees, as well as short term contracts which will not be
extended or terminated before they lapse. In certain cases, employees will
also be offered amicable dissolution of the employment relationship. 'In
these difficult times, we must lower our fixed costs in order to withstand
a temporarily strained market,' stresses Volker Pape, Executive Board
member and founder of the Viscom AG.

None of the cost reductions are targeted for development, where expenses
are focused on the future growth technologies photovoltaics inspection,
computed tomography and 3D inspection. 'Our customers value our
technological abilities highly; our goal is to further solidify our edge,'
states Dr. Martin Heuser, Executive Board member and founder of the Viscom
AG.

Insofar as this notice contains prognoses or expectations or concerns
statements regarding the future, these statements may be marked by risk and
uncertainty. Thus we cannot guarantee that the expectations will prove
themselves correct. Actual events and developments may deviate
significantly from the expectations and assumptions expressed herein. Among
the factors which may cause deviation are changes in the general economic
situation, the competitive situation, exchange rates, interest rates and
changes in national and international laws, among others. Thus the company
assumes no responsibility to update the statements conveyed within this
notice.

Contact:
Viscom AG
Investor Relations
Simone Huch
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-861
Fax: +49-511-94996-555
simone.huch@viscom.de

Contact:
Viscom AG
Investor Relations
Simone Huch
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-861
Fax: +49-511-94996-555
simone.huch@viscom.de

26.11.2008 Financial News transmitted by DGAP

Language: English
Issuer: Viscom AG
Carl-Buderus-Strasse 9-15
30455 Hannover
Deutschland
Phone: +49 (0) 511 94 996 861
Fax: +49 (0) 511 94 996 501
E-mail: simone.huch@viscom.de
Internet: www.viscom.com
ISIN: DE0007846867
WKN: 784686
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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