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TRUMPF GmbH + Co. KG

TRUMPF and Jenoptik Establish Partnership in High-Performance Diode Laser Sector

Munich, Germany (ots)

- TRUMPF GmbH + Co. KG Acquires 25.1 Percent Share in JENOPTIK
Laserdiode GmbH
   - Cooperative Relationship to Develop New Areas of Application for
High-Performance Diode Lasers in Industry
The technology group JENOPTIK AG (German securities number 622910)
and the TRUMPF Group, world market leader for industrial lasers, have
entered into a cooperative relationship in the high-performance diode
laser sector, aimed at joint further development of high-performance
diode laser technology for industrial applications. Retroactively as
of January 1, 2001, TRUMPF is acquiring a 25.1 percent share of
JENOPTIK Laserdiode GmbH, a company in the Jenoptik Photonics
division. Until now, JENOPTIK Laserdiode GmbH was 100-percent owned
by JENOPTIK, Laser, Optik, Systeme GmbH in Jena. The remaining 74.9
percent remains with the laser and optic specialist from Jena,
Germany.
Partnership Leading to New Areas of Application for
High-Performance Diode Lasers
JENOPTIK Laserdiode GmbH (JOLD) develops, produces and distributes
high-performance diode lasers. These high-performance diode lasers
are being utilized by TRUMPF as pump sources in the solid-state
lasers manufactured by its subsidiary HAAS-LASER.
"Two companies, each market leaders in their respective fields,
have joined forces here. The interplay between diode manufacture and
industrial application will quickly lead to innovative approaches and
new spheres of application," said Professor Dr. H.C. Lothar Spaeth,
chairman of the board, JENOPTIK AG, at the joint press conference in
Munich on Tuesday.
Spaeth added that for Jenoptik, this partnership was a logical
extension of its strategy to work closely together with the
technological and market leaders of different business sectors.
"After ASML in the high-performance optics sector and Heidelberger
Druckmaschinen AG in the digital camera sector, we have now gained a
third powerful partner in TRUMPF," Späth said.
Powerful Growth in High-Performance Diode Lasers
Lasers in industrial production are a key technology, the economic
importance of which greatly exceeds its direct sales figures. This
growth sector is characterized by innovation and dynamics: "This
acquisition will enable TRUMPF to cooperate in a technology that is
important for TRUMPF lasers. Because of their compactness and high
degree of efficiency, high-performance diode lasers have highly
promising future prospects. Diode laser technology has enormous
growth potential - and as such is important for the continued
development of TRUMPF as world market leader for industrial lasers,"
said Professor Berthold Leibinger, managing partner of the TRUMPF
Group.
Because of the strong market growth in the high-performance diode
laser sector, Jenoptik is investing around 11 million euros in a new
clean-room building at its Jena site, including production machinery
for the mass production of high-performance diode lasers. Production
is due to begin as early as this year. For fiscal year 2001 JENOPTIK
Laserdiode GmbH is planning to increase its sales by more than 50
percent on the previous year. In fiscal year 2000 the company's 33
employees achieved sales of 7 million euros.
Company Profile: The TRUMPF Group (www.trumpf.com)
TRUMPF is world market leader for lasers in industrial production
technology and one of the largest producers of fabricating machinery
worldwide. The TRUMPF Group comprises 34 subsidiaries and affiliates
in 22 countries. Production takes place in Germany, France, Austria,
Switzerland, Taiwan and the United States. At present the Group has
more than 5,000 employees, and in fiscal year 1999/2000 (June, 30) it
achieved sales of 1.01 billion euros. For the current fiscal year
2001/2001 sales of 1.1 billion euros are expected.
Company profile: JENOPTIK Laserdiode GmbH (www.jold.de)
The firm of JENOPTIK Laserdiode GmbH develops, manufactures and
distributes high-performance diode lasers. This entirely new kind of
laser light features a high degree of efficiency from a very small
volume. It is primarily utilized as an excitation source for
solid-state lasers, and serves as a direct light source in medical
technology and material processing. The company has been a member of
the Jenoptik Group since 1993. As a subsidiary of JENOPTIK Laser,
Optik, Systeme GmbH, the firm of JENOPTIK Laserdiode GmbH belongs to
the Photonics division of the technology group (www.jenoptik-los.de).
JENOPTIK AG (German securities number 622910) is a technology
group active worldwide, based in Jena, Germany. It concentrates on
the high-growth divisions Clean Systems Technologies, Photonics
Technologies and Asset Management. In fiscal 2000 the Jenoptik Group
achieved sales of 1.57 billion euros. Its annual net profit for 2000
totaled 86.6 million euros. Jenoptik maintains a presence in over 20
countries, and has 6,146 employees worldwide.

Contact:

TRUMPF GmbH + Co. KG
Ingo Schnaitmann
Phone +49 71 56 3 03 9 92
Fax +49 71 56 3 03 61 15
E-mail: ingo.schnaitmann@de.trumpf.com

JENOPTIK AG
Joerg Hettmann
Phone +49 36 41 65 22 55
Fax +49 36 41 65 24 84
E-mail:joerg.hettmann@jenoptik.com

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