Parsytec AG

Dr. Michael Becker appointed as new CFO

Dr. Bleimann-Gather is new member of the Supervisory Board

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professional career

Aachen (euro adhoc) - 1  June 2007 Parsytec AG - the world´s leading supplier of surface and web inspection systems for strip products  - announces the appointment of its new Chief Financial Officer (CFO) and a change in the Supervisory Board.

After the Annual General Meeting on 23 May, 2007, Dr. Michael Becker (48) was appointed as new Chief Financial Officer (CFO). Dr. Becker has already worked for Parsytec; between 2003 and 2004 he was employed as Head of Finance. The CFO position was not occupied lately.

Until his appointment as CFO, Dr. Becker was a member of the Parsytec AG Supervisory Board. In his place the General Meeting elected Dr. Guenter Bleimann-Gather to the Supervisory Board. The mathematician with a doctorate is the owner and CEO of TEMA Technologie Marketing AG, Aachen, and worked for Parsytec from 1990 to 1993 in managerial positions. Rolf Geisen and Siegfried Hoffmann were also confirmed by the General Meeting in their function as members of the Supervisory Board. The Supervisory Board again elected Rolf Geisen as its Chairman and Siegfried Hoffmann as its Deputy Chairman.

CEO Christoph Rau thanked the newly elected Supervisory Board and the newly appointed CFO for their willingness to exercise these important offices and stated he was looking forward to the cooperation.

Parsytec AG is the world´s largest vendor of surface inspection systems: today, 10 of the Top 10 steel producers and 15 of the Top 20 paper producers apply Parsytec products. With more than 450 installations worldwide, espresso by Parsytec is the most advanced surface inspection system providing customers in the Steel, Aluminum and Paper industry with reliable and comprehensive information about the relevant surface defects at all production steps. The innovative software platform parsytec 5i enables customers to easily create individual surface quality yield management applications and integrates surface quality data with process data. Parsytec is headquartered in Aachen, Germany, and maintains subsidiaries in North America, Korea, and China.

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ots Originaltext: Parsytec AG
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Tel ++49(241)9696-200
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Branche: Software
ISIN:      DE000A0JQ4J9
WKN:        A0JQ4J
Index:    Prime All Share, Technologie All Share, CDAX
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
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              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

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