Ad-hoc | 19 January 2005 07:36
Singulus Technologies to Strengthen Position for MRAM with Strategic Partner
Ad hoc announcement §15 WpHG
Strategic Decision
Singulus Technologies to Strengthen Position for MRAM with Strategic Partner
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Ad hoc Announcement in Accordance with § 15 WpHG
SINGULUS TECHNOLOGIES to Strengthen Position of New Thin Film Coating System
for MRAM Wafer Fabrication with Strategic Partner
The Managing Board of the Kahl/Main-based SINGULUS TECHNOLOGIES AG has
appointed Lazard Investment Bank to identify a partner with experience in the
semiconductor industry with whom it can forge a strategic alliance for its
MRAM (Magnetic Random Access Memory) manufacturing technology. This new
partner should improve SINGULUS TECHNOLOGIES’ competence, particularly in
sales, thus accelerating the commercialization of its recently completed TMR
(Tunnel Magnetic Resistance) thin film coating systems for MRAM wafer and thin
film head production. Roland Lacher, SINGULUS TECHNOLOGIES CEO: “Our strategy
is based upon compelling technology. We are very confident that this step
will expand our customer access within the semiconductor industry and a
strategic alliance will allow us to make further advances”.
SINGULUS TECHNOLOGIES launched its MRAM development in 2002 based on the
company’s technological competence in thin-film deposition in the field of
optical data storage.
MRAM consists of a new “non-volatile” form of storage which, unlike
conventional DRAM, does not lose stored information when deprived of a power
source. An MRAM chip also uses less energy than a DRAM element leading to
industry expectations for revolutionary advances in computer technology,
particularly for laptops and “smart” hand-held devices such as PDAs, UMTS cell
phones, etc.
The semiconductor industry expects MRAM to play a pivotal role in the data
storage market of the future.
19.01.2005
For further information: Bernhard Krause,
Phone: + 49 (0) 6181 98280 20
Mobile: + 49 (0) 170 920 2924
Bernhard.Krause@go-metacom.de
SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
ISIN: DE0007238909
WKN: 723890
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 19.01.2005
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