Ad-hoc | 27 December 2011 07:15


Leclanché appoints new CFO on an interim basis

Leclanché SA  / Key word(s): Change of Personnel

27.12.2011 07:15

Release of an ad hoc announcement pursuant to Art. 53 KR
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Press Release

Leclanché appoints new CFO on an interim basis

Yverdon-les-Bains, 27 December 2011 - Leclanché S.A. (SIX Swiss Exchange :
LECN), specialized in the production of large-format lithium ion cells and
energy storage solutions, today announced the appointment of Robert Feij as
Chief Financial Officer on an interim basis effective February 1st  2012,
following the resignation of Christian Perrudet, who will be leaving the
company at his own request to pursue other interests. With his experience
as CFO of several publicly listed companies, Robert Feij is ideally
qualified to support the next development phase of Leclanché until the
appointment of a permanent CFO. Mr Perrudet will remain with the company
until the end of the first quarter 2012 to ensure a smooth transition.

'We are very pleased to welcome Robert Feij to Leclanché as he brings the
required financial and business expertise we need for our strategic
development', said Dr. Ulrich Ehmes, CEO of Leclanché. 'On behalf of the
company, I would also like to thank Christian Perrudet for his commitment
and service to the company and wish him every success in his future
endeavors.'

Mr. Feij's professional career has included a broad expertise in finance
and administration notably as financial controller and later as CFO of
Swiss and international publicly listed companies such as Bobst, Stryker
Trauma, Leica Camera or Metallum Group Zurich.

About Leclanché 
Leclanché specializes in the production of tailor-made energy storage
solutions and is a leading manufacturer of large-format lithium ion cells
in Europe. Through a unique, licensed separator technology, the core
element of lithium ion cells, Leclanché is capable of manufacturing cells
with above-average safety features and a significantly increased life in an
automated production process. The company's core markets are industries
which have highest demands on energy storage systems. They include energy
storage solutions, which allow better utilization of the power supply
system, large hybrid diesel engines and electric vehicles.

Leclanché currently operates a fully automated pilot production line for
large format lithium-ion cells with a theoretical annual maximum capacity
of up to 4 MWh. To prepare for an increase in demand, Leclanché is
currently in the process of expanding its production capacity by setting up
a new production line for large format lithium-ion cells with a theoretical
annual maximum capacity of up to 76 MWh

Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration
of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company
developed from being a traditional battery manufacturer to becoming a
leading developer and manufacturer of lithium ion cells in Europe.
Leclanché currently employs 110 staff and recorded revenues of CHF 15.05
million in 2010. The company has its headquarters in Yverdon-les-Bains
(Switzerland) and has production facilities in Willstätt (Germany).
Leclanché is listed on the SIX Swiss Exchange (LECN).

Media contact: 
Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87,
cla@dynamicsgroup.ch

Contact for German media: 
Markus Wieser, CNC AG: Telephone: +49 89 599 458 114,
markus.wieser@cnc-communications.com

Disclaimer 

This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected',
'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims',
'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar
expressions, or by expressed or implied discussions regarding the ramp up
of Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will
achieve any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.


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Language:               English
Company:                Leclanché SA
                        Av. des Sports 42
                        1400 Yverdon-les-Bains
                        Switzerland
Phone:                  +41 (24) 424 65-00
Fax:                    +41 (24) 424 65-20
E-mail:                 investors@leclanche.com
Internet:               www.leclanche.com
ISIN:                   CH0016271550, CH0110303119
Swiss Security Number:  812950 , A1CUUB
Listed:                 SIX
 
End of Announcement                             EquityStory News-Service
 
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