Kardex AG

Kardex to sell System Schultheis AG: Move marks continuation of focus on core business

Zurich (ots) - Kardex Group company System Schultheis AG, domiciled in Rapperswil, is to be sold to Winterthur-based Fehr Langgutlagertechnik AG, a manufacturer of automatic storage systems for long bars and sheets, (www.fehrllt.ch) effective 1 October 2007. System Schultheis AG generated approximately 1% of KRM division revenues in the 2006 business year. The decision to sell System Schultheis AG, which specializes mainly in storage and retrieval concepts for heavy loads, underscores Kardex Group's continuing focus on successful international logistics products with its two divisions, KRM and Stow. Calendar of events: 11 March 2008 Conference for analysts and media 22 April 2008 Annual General Meeting ots Originaltext: Kardex AG Internet: www.presseportal.ch/fr Contact: Jos De Vuyst, Chief Executive Officer E-Mail: jos.devuyst@kri-group.com Reto Welte, Chief Financial Officer E-Mail: reto.welte@kri-group.com Tel.: +41/44/386'44'15 Fax: +41/44/386'44'17

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