Pfeiffer Vacuum Technology AG

EANS-News: Pfeiffer Vacuum Technology AG
Pfeiffer Vacuum goes BRIC - subsidiary in Brazil established

• Pfeiffer Vacuum is now present in all boom areas • In Brazil now direct selling possible through import license registration • Inauguration of the new premise takes place in April

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Company Information/Global Expansion/New Subsidiary

Subtitle: • Pfeiffer Vacuum is now present in all boom areas • In Brazil now direct selling possible through import license registration • Inauguration of the new premise takes place in April

Aßlar (euro adhoc) - February 21, 2011. Pfeiffer Vacuum Technology AG is in the process of opening its own subsidiary in São Paulo, Brazil. With these new headquarters for the region Brazil and Latin America, Pfeiffer Vacuum is completing its BRIC-strategy of being adequately present with own subsidiaries in the fastest growing world regions Brazil, Russia, India and China. The new entity comprises a specialized sales team, a comprehensive service unit as well as some storage capacity for frequently required products and spare parts. Pfeiffer Vacuum is particularly strong in the region Latin America in the market segments R & D and Industry, while the market segments Coating and Analytics are expected to prospectively grow.

"Although we have had previously a very good reputation particularly in Brazil through the enormous efforts our former sales agent had made, we took his retirement as an opportunity to restructure our presence here", explains Dr. Matthias Wiemer, COO of Pfeiffer Vacuum Technology AG. "Last year we have opened our subsidiary in Moscow/Russia, while our subsidiaries in China and India already have been operating successfully for years. Especially last year, we experienced significantly increasing demand for our vacuum solutions from the BRIC region as well as from Asia in general and we expect this trend to continue."

Diego Peña Rey, Managing Director of newly established Pfeiffer Vacuum Brazil comments: "We are setting the path for future developments in Brazil and Latin America. We are on our way to finalize our import license registration in order to enable us via direct selling offering our customers both a greater variety of purchase options as well as payment conditions in local currency."

The inauguration of the new premise in São Paolo will take place on April 8, 2011. Its address is as follows:

Pfeiffer Vacuum Brasil Ltda Avenida Pedro Bueno, 1.783 Parque Jabaquara CEP 04342-011 São Paulo - SP Brazil Telephone: +55 11 3330-8999

About Pfeiffer Vacuum Pfeiffer Vacuum (Stock Exchange Symbol PFV, ISIN DE0006916604) is one of the world´s leading providers of vacuum solutions. Among a full range of hybrid- and magnetically levitated turbopumps, the portfolio comprises of backing pumps, measurement and analysis devices, components, vacuum chambers and systems. Ever since the invention of the turbomolecular pump by Pfeiffer Vacuum, the company has stood for innovative solutions and high-technology products that are used in the analytical segment, in research and development, environmental technology, chemistry, semiconductor production and coating technology, as well as in the automotive industry and any number of further sectors. Founded in 1890, Pfeiffer Vacuum is today active throughout the world together with a workforce of some 2,000 people as well as about 28 subsidiaries. Further information is available at www.pfeiffer-vacuum.com.

end of announcement                               euro adhoc
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Contact:

Brigitte Looß
Leiterin Investor Relations
Tel.: +49 (6441) 802-346
E-Mail: Brigitte.Loos[at]pfeiffer-vacuum.de

Branche: Machine Manufacturing
ISIN: DE0006916604
WKN: 691660
Index: TecDAX, CDAX, HDAX, Prime All Share, DAXsector All Industrial
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade



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