Corporate | 29 February 2012 07:30
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SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
Press Release Singulus Technologies AG Delivers its First Production Machine for Rewritable Blu-ray Discs – First inline system delivered – Market for rewritable Blu-ray discs develops favorably Kahl am Main, February 29, 2012 – Singulus Technologies Aktiengesellschaft (SINGULUS) delivered the first production system for rewritable Blu-ray discs (BD-R/BD-RE) to Asia. The replication line with the product name BLULINE BD-R/BD-RE is based on the proven components of the BLULINE II. SINGULUS had already delivered several modules for the production of rewritable Blu-ray discs to Asia in 2011. Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS, comments: 'With our production machine for 50 GB Blu-ray discs, we have currently attained the technologic leadership, which we intend to expand further. On the basis of the successful BLULINE II, we developed a production system which meets the requirements of our customers for the industrial manufacturing of rewritable Blu-ray discs. On the basis of the double-digit growth market for Blu-ray discs, we now also expect an increasing demand for rewritable Blu-ray discs and therefore higher demand for our production systems'. SINGULUS expects a market for rewriteable Blu-ray discs to develop. For both the CD and DVD a market for rewritable CDs and DVDs, respectively, developed approximately one to two years after the introduction of the formats. Therefore, SINGULUS intends to deliver production machines with automated key processing steps for once-writable and rewritable Blu-ray discs to large Asian disc manufacturers. With this, SINGULUS' goal is to position itself in the market for these optical storage media at an early stage.
In a study released in October 2010, the British market research institute FutureSource Consulting estimated that the production volume of rewritable Blu-ray discs would more than double from 2011 to 2014.
Profile SINGULUS:
End of Corporate News 29.02.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | SINGULUS TECHNOLOGIES AG | |
| Hanauer Landstrasse 103 | ||
| 63796 Kahl am Main | ||
| Germany | ||
| Phone: | +49 (0)1709202924 | |
| Fax: | +49 (0)6188 440-110 | |
| E-mail: | bernhard.krause@go-metacom.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909 | |
| WKN: | 723890 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 158541 29.02.2012 |