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SMT Scharf AG

EANS-News: SMT Scharf AG presents new drive unit

Hamm (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
New Products/Company Information
Hamm, December 14, 2010 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and 
world market leader for rail-bound railway systems for the mining 
sector, has developed a new drive unit. While the diesel engines for 
the locomotives which SMT Scharf currently produces offer 80 kW and 
more, the new unit is driven by a newly developed diesel engine which
offers 25 kW power.
The new drive unit means that the company has added a product to its 
portfolio which functions as a shunting engine and which can travel 
on the entire rail network in a mine. In contrast, the so-called 
"shunting trolleys" previously used are connected to a stationary 
hydraulic or pneumatic supply. These supply lines mean that their 
movements are restricted. The opportunities for using the new unit 
thus include, in particular, loading and unloading work as well as 
the daily transportation of consumables for roadheading. Loads of up 
to around 12 tons can be transported depending on the road´s 
gradient.
The first new-type units are expected to be used by a Russian 
customer in the first quarter of 2011 after these have successfully 
been licensed. "We are very pleased that we have now successfully 
completed developing this product and that we have already received 
our first order for it from Russia. This is further proof for us that
the Russian mining sector has returned to its former on-track growth,
and that once again it ramps up its investments in transportation 
equipment," commented Dr. Friedrich Trautwein, SMT Scharf AG´s CEO.
Trautwein believes that Russia and China will be the primary markets 
for the new unit: "The engine´s flexibility and the broad range of 
areas in which it can be used offer new customers in these countries 
an excellent way to start using SMT Scharf´s rail-bound railway 
technology."
Company profile
The SMT Scharf group develops, builds and maintains transportation 
equipment for mining and tunneling. The main product area is 
rail-bound railways which are used all over the world, primarily in 
hard coal mines and underground mining for gold, platinum and other 
metals. They are used to transport material and personnel with 
working loads of up to 45 tons. Rail-bound railways are the only 
means of underground transport that can be used on branching lines to
cope with inclines of more than 13 degrees. The SMT Scharf Group has 
its own companies in Germany, Poland, Great Britain, South Africa, 
China and Russia and additional dealerships. The railways that SMT 
Scharf develops are characterized in particular by their 
high-performance engines, great transport performance and low 
operating and maintenance costs. SMT Scharf records more than 80% of 
its revenue in high-growth foreign markets, such as Russia, China and
South Africa. Business with spare parts and repairs accounts for 
around 40% of revenue. The entire market for underground transport 
technology comprises EUR 5 billion to EUR 7 billion per year 
according to the company´s estimates. SMT Scharf AG has been listed 
in the Prime Standard (Regulated Market) of the Frankfurt Stock 
Exchange since April 11, 2007.
end of announcement                               euro adhoc

Further inquiry note:

Contact

Investor Relations
cometis AG
Susanne Gremmler
Tel: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
E-mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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