Corporate | 15 August 2007 08:01
Manz Automation 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. ---------------------------------------------------------------------- Order volume reaches new record of around 120 million EUR Reutlingen, August 15, 2007 - Manz Automation AG, one of the world's leading providers of automation, quality assurance and laser process technology for the photovoltaic and LCD sectors, has received a major order with a volume of around EUR 45 million. The order is from Applied Materials, Inc. for the delivery of laser scribing machines for thin-film solar applications. This order will mostly impact revenues in 2008 and will lead to a significant increase in the company's growth. CEO Dieter Manz is very pleased, and he is proud of the order: 'This key order has a volume in excess of our entire 2006 revenues! It provides renewed confirmation of the significant technology synergies between the LCD and photovoltaic divisions. In addition, this order underscores our performance and our customers' trust in the technology and quality of our high-tech machines.' In spring 2007, Manz Automation had already received an order from the same customer for the delivery of laser scribing machines worth over 18 million EUR. With this new order, Manz will become the worldwide market leader for laser scribing machines within the rapidly growing market segment for thin-film solar applications no later than mid-2008. Thanks to the increasing standardization of parts and machines identical in construction, the management board is confident to also increase margins in the coming fiscal year. Total order volume for Manz Automation has now reached more than 120 million EUR, a new record high in the twenty-year history of the company. The order volume reaches far into the fiscal year 2008. Company profile Manz Automation AG develops and manufactures systems and components for automation, quality assurance and laser process technology. The company's core competences are to be found in robotics, image processing, laser technology and control technology. Manz Automation AG thus unites bundled expertise from elementary technology areas to achieve optimum results for its customers. The company has three divisions: photovoltaic (systems.solar), LCD (systems.lcd) and components and OEM systems (systems.aico) for automation in various sectors of industry. In addition, Manz Automation AG is planning to equip laboratory systems in the pharmaceuticals and life science sector with its technology (systems.lab). Reutlingen-based Manz Automation AG was formed in 1987 and has branches in the USA, Taiwan, Korea, China and Hungary. In fiscal year 2005 the Manz group recorded total operating revenue totaling around EUR 32 million, up approx. 20% year-on-year. More than 60% of revenues are recorded abroad, in particular in Asia. Shares of Manz Automation AG have been listed on the Frankfurt Stock Exchanges Entry Standard with ISIN DE000A0JQ5U3 or WKN (German Securities Code) A0JQ5U since September 22, 2006. Investor relations contact Manz Automation AG Birte-Christina Benecke Tel.: +49 (0)7121 – 9000-21 Fax: +49 (0)7121 – 9000-99 Email: bbenecke@manz-automation.com cometis AG Ulrich Wiehle Tel.: +49 (0)611 – 205855-11 Fax: +49 (0)611 – 205855-66 Email: wiehle@cometis.de DGAP 15.08.2007 ----------------------------------------------------------------------