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SMT Scharf AG

EANS-News: SMT Scharf AG presents future-proof new drive technology

Hamm (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
new product
Hamm, May 29, 2009 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and 
world market leader for rail-bound railway systems for the mining 
sector, will present its latest solution for demanding underground 
transport tasks for the first time early June at the mining 
technology trade fair Ugol Rossii & Mining. This innovative monorail 
hanging railway has a rack-and-pinion drive that can be switched in. 
It is thus excellently suited for use in particularly difficult 
mining conditions, such as steep inclines on individual track 
sections or very damp conditions.
This new railway's most striking feature is its flexibility: The 
drive has been designed so that the driver can switch between the 
friction and rack-and-pinion drive en route without having to stop. 
The racks, which are used for the rack-and-pinion drive, thus only 
have to be laid in track sections with particularly steep inclines or
particularly damp conditions. Both the rack-and-pinion drive and also
the racks can be added to existing installations.
"We are very pleased to be able to present this future-proof railway 
to an international audience right in time for the exhibition in 
Russia," commented Dr. Friedrich Trautwein, SMT Scharf AG's CEO. "We 
believe that there will be strong interest in this type of drive on 
the Russian and Polish markets in particular, as mining conditions in
these countries are becoming increasingly difficult as underground 
mining progresses." Trautwein added: "We expect that investment 
activities will normalize as soon as the sales situation for Russian 
mines stabilizes. There are initial cautious signs of this happening,
for example we have received an order for a DZ 1800 monorail hanging 
railway from Russia this month."
Ugol Rossii & Mining 2009 runs from June 2 - 5, 2009, and is the most
important trade fair for mining technology and equipment in the 
Russian Federation. It is held once a year in Novokuznetsk (West 
Siberia). The organizers are expecting around 600 exhibitors and 
20,000 trade visitors. Novokuznetsk is in the middle of the Kuzbass 
basin, the center of Russian coal production. More than half of the 
326 million tons of coal that are mined in Russia each year come from
this region.
Company profile
The SMT Scharf Group develops, builds and maintains rail-bound 
railway systems for mining and use in tunnels. The trains are used 
all over the world, primarily in hard coal mines, gold mines and in 
underground mining for platinum, diamonds, copper and nickel. They 
are used to transport material and personnel with working loads of up
to 35t. Rail-bound trains are the only means of transport that can be
used underground on branching lines to cope with inclines of more 
than 13 degrees. The SMT Scharf Group has subsidiaries in Germany, 
Poland, South Africa, China and Russia, as well as agencies around 
the world. The railways developed by SMT Scharf are characterized, 
above all, by high-performance engines, high working loads, high 
speed and low operating and maintenance costs. SMT Scharf records 
more than 70% of its revenues on high-growth foreign markets, such as
Russia, China and South Africa. The replacement parts and repairs 
business constitutes around 50% of revenues. The advances in 
exploitation of resources make underground conditions increasingly 
difficult which in turn requires more high technology transport 
solutions in mining. The total market for underground transport 
technology comprises around EUR 5 billion to EUR 7 billion per year 
according to company 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
Phone: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
E-mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
München / free trade

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