Corporate | 6 March 2007 17:30
SINGULUS TECHNOLOGIES AG / Alliance
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Kahl am Main, March 6, 2007 - The SINGULUS TECHNOLOGIES AG (SINGULUS)
cooperates with Sony DADC, Salzburg, in further developing the production
technology for the mass production of Blu-ray dual layer Discs with a
storage capacity of 50 GB.
The goal of the cooperation is being able to offer independent disc
manufacturers inline production machines for dual layer Blu-ray Discs in
the near term. Accordingly, disc producers will be able to build up
sufficient capacity for the production of the new disc generation. Sony
DADC will provide SINGULUS the necessary production expertise. Following
SINGULUS’ cooperation with Sony Japan for the development of single layer
Blu-ray Discs with 25 GB at the end of 2004, the now concluded agreement
will further strengthen SINGULUS’ position in the global optical disc
market.
In 2005 and 2006, SINGULUS delivered production equipment for single layer
Blu-ray Discs to all major disc manufacturers. The first movies on single
layer Blu-ray Discs with 25 GB storage capacity were introduced in the
summer of 2006. The start of the machines for Blu-ray dual layer Discs is
scheduled for the second half of 2007. Due to the high storage capacity of
dual layer Blu-ray (50 GB) SINGULUS is still convinced that this format
will prevail in the market in the end.
'The good cooperation with Sony DADC offers SINGULUS the big opportunity to
establish itself even faster in the market for the new disc formats as the
leading partner of the Hollywood studios und to gain enormous competitive
advantages', comments SINGULUS TECHNOLOGIES’ CEO Stefan A. Baustert.
The newly developed production line will be introduced in this year’s
summer.
With a consistent focus on its core competence within the ten years since
the management buy-out SINGULUS TECHNOLOGIES transformed itself into the
global market leader for machines and equipment for optical storage media
and is the only machine producer in the world offering the entire
value-added chain of the production of optical discs. SINGULUS is the
leading machine supplier for DVDs with a global market share of more than
65 % and already launched the first HD DVD production systems on the basis
of the SPACELINE II as early as in the summer of 2005. The machines range
from mastering and injection molding to replication lines. Thus, the
position of SINGULUS TECHNOLOGIES in the optical disc sector remains unique
in the world.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, contact: Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612, Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20, Mobile +49-1709202924
DGAP 06.03.2007
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Language: English
Issuer: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: maren.schuster@singulus.de
www: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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