sunways AG

EANS-News: Sunways AG
Management team of Sunways Production GmbH strengthened

@@start.t1@@--------------------------------------------------------------------------------   Corporate news transmitted by euro adhoc. The issuer/originator is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Company Information/Management Changes

Konstanz (euro adhoc) - Konstanz/Germany, 19 July 2010 - Sunways AG (FSE: SWW; ISIN DE0007332207) has announced changes to the management team of Sunways Production GmbH: at the company´s wholly-owned subsidiary in Arnstadt/Thüringen, high-quality mono- and multicrystalline silicon solar cells are produced by approx. 150 employees. Rainer Lausen will join the firm´s management and, after a transition period, take over the tasks of Dr. Arnd Boueke who transferred to the Kostanz site for personal reasons. In future, Dr. Boueke will head the development activities of Sunways AG in the area of solar cells. Jörg von Strom, member of the Management Board of Sunways AG, will continue to be Managing Director of Sunways Production GmbH.

Rainer Lausen is a graduate engineer and started his career in the semi-conductor production of Philips. In subsequent positions, inter alia in the automotive supply industry, he also gained extensive experience in relation to new manufacturing technologies and the optimization of production processes. Most recently, Lausen was Director Operations at Ersol Solar Energy and in charge of the solar cell production. "Being a convinced advocate of photovoltaics, I am very happy to join the management team of one of the best European solar cell manufacturers. I want to make a contribution towards strengthening and further expanding the position of Sunways as a benchmark in terms of quality and efficiency among European companies," said Lausen with respect to his joining Sunways.

Michael Wilhelm, Chairman of the Management Board of Sunways AG, told the employees in Arnstadt: "I would like to express my thanks to Dr. Boueke for his many years of successfully working on the development of the Group´s Arnstadt plant and its solar cell production activities. I am pleased that, in the person of Mr. Lausen, we have found a very competent successor with substantial industry experience. I am convinced that Dr. Boueke and Mr. Lausen are outstanding experts who will further expand the technological leadership of Sunways in the solar cell production sector. I wish both of them every success in their new tasks."

This press release and and pictures are also available on www.sunways.eu/de.

About Sunways Sunways AG, Konstanz/Germany, stands for consistent use of solar energy to secure long-term energy supply of man in an efficient and sustainable manner. Sunways offers technological competence, performance and highest quality - from single components to complete solar systems.Since its foundation in 1993, Sunways AG evolved into a technology leader in the photovoltaics industry serving international markets. With silicon-based solar cells, inverters, solar modules and solar systems, the company offers all components required for high-yield photovoltaic power generation. With photovoltaic solutions tailored to customers´ needs (transparent and coloured solar cells, building- integrated photovoltaic installations), Sunways turns exceptional ideas into reality. Sunways Production GmbH in Arnstadt/Germany is a subsidiary of Sunways AG; in addition, the group has own branch offices in Barcelone/Spain and Bologna/Italy. In 2009, Sunways AG with about 320 employees realised sales of about EUR 180 million.The shares of Sunways AG are listed at the Frankfurt Stock Exchange (SWW, ISIN DE0007332207). For further information, please visit www.sunways.eu/de.

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: sunways AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Dr. Harald F. Schaefer
Head Corporate Communications & Investor Relations
Tel.: +49 (0)7531 996 77-415
E-Mail: communications@sunways.de

Branche: Alternative energy
ISIN:      DE0007332207
WKN:        733220
Index:    CDAX, Prime All Share, Technology All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



Weitere Meldungen: sunways AG

Das könnte Sie auch interessieren: