Singulus Technologies Aktiengesellschaft
EANS-News: SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond
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Company Information/Corporate Bond
Kahl am Main (euro adhoc) - Press release
SINGULUS TECHNOLOGIES Extends Buy-Back Program for Corporate Bond
- Buy-back program extended until June 30, 2013
- Volume remains limited to EUR 3.0 million
Kahl am Main, March 27, 2013 - With approval of the Supervisory Board the
Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
extension of the buy-back program, which was initiated on December 11, 2012 and
expires on March 31, 2013, from March 31, 2013 to June 30, 2013 for the bonds
(WKN: A1MASJ, ISIN: DE000A1MASJ4) issued on March 23, 2012. Up to date bonds
with a volume of EUR 0.9 million were acquired.
The total volume of buy-back program remains restricted to EUR 3.0 million at
maximum. The other conditions of the program remain unchanged.
Dr.-Ing. Stefan Rinck, Chief Executive Officer of SINGULUS TECHNOLOGIES AG,
comments: "Our balance sheet continues to be solid and the liquidity of
SINGULUS together with the collaterals amounted to EUR 73.5 million at the end
of the past business year. We will use these funds for internal and external
growth as well as for technologic innovations in the next couple of years."
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES develops innovative technologies for efficient production
processes, which only make use of resources conservatively. New production
technology combined with sustainable processes and the use of novel materials
can decouple the use of resources from economic growth in the long-term.
SINGULUS TECHNOLOGIES' innovative power and competitiveness are strengthened by
these new technologic developments.
With its Optical Disc segment SINGULUS TECHNOLOGIES is the market leader for
CD, DVD and Blu-ray Disc production equipment. As the only engineering company
worldwide SINGULUS TECHNOLOGIES today already provides the machine technology
for Blu-ray Discs with a storage volume of about 100 GB.
In the Solar division SINGULUS TECHNOLOGIES is a recognized supplier for new
machines concepts and production processes for crystalline and thin-film solar
cells, which increase the efficiency of solar cells and reduce their production
costs. SINGULUS TECHNOLOGIES establishes itself as a development partner and
machine supplier for technologies enabling a sustainable energy provision on
the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities on
the vacuum coating of wafers with ultra thin layers for the production of MRAM
memory, thin-film write/read heads and other semiconductor applications.
SINGULUS TECHNOLOGIES continues to expand its know-how in vacuum coating, the
automation and process technology as well as the integration of manufacturing
lines in order to develop new work areas. Further areas of application are in
the focus of a potential acquisition.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main,
ISIN shares: DE0007238909, WKN: 723890
ISIN bonds: DE000A1MASJ4, WKN: A1MASJ
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
Further inquiry note:
Bernhard Krause
Unternehmenssprecher
Tel.: + 49 (0) 6181 98280 20
E-Mail: Bernhard.Krause@go-metacom.de
end of announcement euro adhoc
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company: Singulus Technologies Aktiengesellschaft
Hanauer Landstrasse 103
D-63796 Kahl am Main
phone: +49 (0)1709202924
FAX: +49 (0)6188 440-110
mail: bernhard.krause@go-metacom.de
WWW: http://www.singulus.de
sector: Technology
ISIN: DE0007238909
indexes:
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English