Ad-hoc | 15 November 2007 18:16
SINGULUS TECHNOLOGIES AG / Change of Personnel
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
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SINGULUS bolsters expanding Solar segment:
Hans-Jürgen Stangl appointed to Management Board
Kahl am Main, November 15, 2007 – Hans-Jürgen Stangl (44) has been
appointed to the Management Board of SINGULUS TECHNOLOGIES AG (SINGULUS) as
member with responsibility for the newly established 'Solar' business unit.
The company's Supervisory Board appointed him to the Management Board with
effect of January 1, 2008 by a resolution passed on November 15, 2007.
Within the Solar Division, Hans-Jürgen Stangl, CEO of the SINGULUS
subsidiary STANGL Semiconductor Equipment AG (STANGL) will coordinate all
activities of STANGL and also take charge of the establishment of a new
division 'Solar' at SINGULUS in Kahl. The first measure planned is to
develop a new solar coating system that will ideally complement the
existing business area of wet-chemical processes and systems. In the medium
term, the new Solar business unit is to become a second pillar of the
company alongside its existing principal area of activity, optical discs.
In recruiting Hans-Jürgen Stangl, SINGULUS has succeeded in obtaining an
experienced expert from the Solar market. After completing his technical
training he worked as Project Manager for Sales and Technical Development
for three years for an well known equipment manufacturer in the
semiconductor industry. He has been running STANGL Semiconductor Equipment
AG since 2002, a company established in 1988; he masterminded the company's
successful market entry into the solar industry.
SINGULUS has launched a development project in Kahl with a view to
readiness for marketing its own vacuum coating system for solar cells by
end-2008. The aim is to become one of the world leaders for production
lines for solar cells over the next few years.
STANGL alone expects annual double digit growth rates.
The new coating system will help to generate further growth.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
63796 Kahl am Main, Germany, ISIN: DE0007238909, Securities Identification
Number (WKN): 723890
For further information, please contact:
Bernhard Krause, Corporate Communications
Tel.: + 49 (0)6181 9828020 or + 49 (0)170 9202924
15.11.2007 Financial News transmitted by DGAP
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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
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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