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Kaba Holding AG

euro adhoc: Kaba Holding AG
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Andreas Brechbühl appointed new head of Access Asia Pacific Division

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
30.05.2005
Rümlang, May 31, 2005 - Kaba’s Board of Directors has appointed
Andreas Brechbühl the new COO of the Access Asia Pacific Division as
of July 1, 2005. On the same date, Brechbühl will join the Executive
Board.
Andreas Brechbühl, 47, who holds an HSG degree in business
administration, will contribute extensive Asian market experience to
Kaba’s management team. Prior to joining Kaba, the Hong Kong resident
was General Manager with Hilti since 2003. Previously, he was Senior
Vice-President Asia with the Diethelm Keller Group for nearly 9
years. His career also includes posts with Ciba Vision, Jacobs
Suchard, and Unilever. Brechbühl will head up the Asia Pacific
Division as of July 1, 2005, and concurrently join Kaba’s Executive
Board.
On the occasion of this change in management, the hub of Access Asia
Pacific Division will be moved to Hong Kong. This allows activities
in the Pacific Rim to be coordinated locally. At the same time, Kaba
intends to strengthen its presence in the Chinese market and expand
its business in this significant economic region. Kaba is convinced
that these measures create ideal prerequisites for a continuation of
the division’s successful development and the continuity of the
Group’s operations in the Asia Pacific region.
Heribert Allemann, the division’s previous Chief Operating Officer,
will focus as Deputy CEO on strategically important corporate
development projects.
Kaba is a globally active, publicly traded security corporation. With
its «Total Access» strategy, the Kaba Group is specialized in
integrated solutions for security, organization, and convenience at
building and information access points. Kaba is also the world
market’s No. 1 provider of key blanks, key cutting and coding
machines, transponder keys, and high security locks. It is a leading
provider of electronic access systems, locks, master key systems,
hotel locking systems, security doors, and automatic doors.
This communication contains certain forward-looking statements
including statements using the words "believes", "assumes", "expects"
or formulations of a similar kind. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which could lead to substantial differences between the actual future
results, the financial situation, the development or performance of
the Company and those either expressed or implied by such statements.
Such factors include, among other things: competition from other
companies, the effects and risks of new technologies, the Company's
continuing capital requirements, financing costs, delays in the
integration of acquisitions, changes in the operating expenses, the
Company's ability to recruit and retain qualified employees,
unfavorable changes to the applicable tax laws, and other factors
identified in this communication. In view of these uncertainties,
readers are cautioned not to place undue reliance on such
forward-looking statements. The Company accepts no obligation to
continue to report or update such forward-looking statements or
adjust them to future events or developments.
end of announcement                    euro adhoc 31.05.2005 03:30:00 

Further inquiry note:

Jean-Luc Ferrazzini, Chief Communications Officer; Tel. +41 79 818 30
26

Branche: Semiconductors & active components
ISIN: CH0011795959
WKN: 1179595
Index: SPI
Börsen: SWX Swiss Exchange / official dealing

Plus de actualités: Kaba Holding AG
Plus de actualités: Kaba Holding AG