sunways AG

euro adhoc: sunways AG
Board of Directors (Appointments and Changes)
Sunways AG: CFO Bernd Fessler is leaving (E)

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Constance, 10 December 2003 - Bernd Fessler (36), CFO of Sunways AG (ISIN DE0007332207), will leave the company as of 31 December 2003. Until further notice, he will act as an adviser to Sunways.

Sunways AG is still experiencing a strong growth phase. Recently, there were differences of opinion between the supervisory board and Bernd Fessler with respect to the company’s further strategic development and the details of the expansion of its distribution activities. As no understanding could be reached, Mr. Fessler is leaving the company of his own accord and by mutual agreement.

"We very much regret Mr. Fessler’s decision and would like to thank him for his valuable services", stated Dr. Roland Bahr, chairman of the supervisory board.

Fessler joined the company in October 2000 and was instrumental in the public offering and stock exchange listing of  Sunways in February 2001.

end of announcement            euro adhoc 10.12.2003

Further inquiry note: Investor Relations Tel.: +49 (0)7531 99677 480 E-Mail:

Branche: Alternative energy
ISIN:      DE0007332207
WKN:        733220
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade

Weitere Meldungen: sunways AG

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