Corporate | 7 March 2012 07:30
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SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
Press Release Singulus Technologies Aktiengesellschaft receives two new orders in the Semiconductor Segment – Growth strategy in the Semiconductor segment is showing results – Four TIMARIS deposition systems already in order intake in 2012 – Order intake in 2012 already exceeds EUR 13 million – SINGULUS intends to extend its position as provider of vacuum deposition system for MRAM wafers Kahl am Main, 7 March 2012 – Singulus Technologies Aktiengesellschaft (SINGULUS) reports two order intakes of the TIMARIS vacuum deposition system. SINGULUS considers its strategy in the Semiconductor segment proven and intends to extend its position as provider of vacuum deposition systems for the production of MRAM wafers in this future growth market. In 2012, the order intake totals already four TIMARIS deposition systems in different configurations. With these orders, SINGULUS has recorded an order intake of more than EUR 13 million in the Semiconductor segment. MRAM is a nonvolatile magnetic memory technology with high write-and-read speed. Its high energy efficiency is another reason why SINGULUS considers MRAM memory to be the memory technology of the future, especially for mobile data devices such as mobile phones and tablet PCs.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of Singulus Technologies Aktiengesellschaft: 'These two orders are a major step for the further expansion of our Semiconductor business. The years of research and development work for vacuum deposition of semiconductor elements is paying off. We consider ourselves in an excellent starting position for the emerging growth market MRAM.'
Profile SINGULUS:
SINGULUS continues to expand its activities in the business segments Solar and Optical Disc. The goal is to attain a leading position in the silicon and thin-film solar technology as a machine supplier as well as a development partner for new cell concepts and to maintain the market leadership in the Optical Disc segment for production equipment for the manufacturing of dual-layer Blu-ray discs. The business activities in the division Nano Deposition are extensively strengthened in the course of the apparent growing market for MRAM semi-conductor technology. In addition, the company is reviewing other sectors and work areas where new market segments can be developed on the basis of the present know-how in the area of vacuum coating.
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| 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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| 159597 07.03.2012 |