Ad-hoc | 12 September 2013 16:18


SINGULUS TECHNOLOGIES and M*Cells Sign Framework Contract for the Delivery of 16 Machines for the Production of PERC Solar Cells

SINGULUS TECHNOLOGIES AG  / Key word(s): Contract

12.09.2013 16:18

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Ad hoc announcement pursuant to § 15 WpHG

SINGULUS TECHNOLOGIES and M*Cells Sign Framework Contract for the Delivery
of 16 Machines for the Production of PERC Solar Cells

              - First machine to be delivered in Q1/2014

              - Technologic cooperation for the manufacturing of highly
                efficient crystalline silicon cells further expanded

              - Requirements of the Chinese government with respect to cell
                efficiency met

Kahl am Main, September 12, 2013 SINGULUS TECHNOLOGIES (SINGULUS), supplier
of production equipment for silicon and thin-film solar cells, today signed
a framework agreement with M*Cells , one of the globally-leading solar cell
producers from China, for the delivery of up to 16 vacuum coating machines.
The contract between M*Cells  and SINGULUS includes an option for the
purchase of SINGULAR XP machines in the double-digit million range. The
SINGULAR XP vacuum coating equipment is intended for the rear side
passivation of crystalline PERC solar cells in the production of 500 MW
highly efficient multi-cells. The delivery for the first machine to China
is already scheduled for the 1st quarter 2014.

With the further increase of the present cell efficiency at M*Cells 
through the use of the SINGULAR XP, M*Cells ' competitiveness in the solar
industry also improves. This should meet the Chinese government's
requirement of an efficiency of polycrystalline solar cells of at least 18
% in the future.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890

Contact: 
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
E-Mail: bernhard.krause@singulus.de


12.09.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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@singulus.de
Internet:     www.singulus.de
ISIN:         DE0007238909, DE000A1MASJ4
WKN:          723890, A1MASJ
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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