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centrotherm photovoltaics AG

centrotherm photovoltaics concentrates silicon expertise in newly founded company

Blaubeuren (euro adhoc) -

-	Planning, engineering, and key equipment on a one-stop shop basis
-	Expansion of product portfolio to include crystallization and 
wafering
 -	Simplification of Group structures
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
Blaubeuren, October 20, 2008 - centrotherm
photovoltaics AG, Blaubeuren, is bundling its expertise in the solar 
silicon area into a 100% subsidiary, centrotherm SiTec GmbH, as of 
October 8. centrotherm SiTec brings together the know-how of SolMic 
GmbH, which centrotherm photovoltaics already acquired in its 
entirety in August this year, and that of its former subsidiary 
centrotherm SiQ GmbH. This allows the company to take a further 
important step towards simplifying the Group structure, and creating 
areas of expertise with a clear performance profile. The merger aims 
to unify all planning, technology, and engineering services relating 
to design and process-optimization for the manufacturing of 
polysilicon, ingots, and wafers, including key equipment, under one 
roof. This will allow centrotherm SiTec customers to benefit from a 
seamlessly integrated range of services on a one-stop shop basis. 
Besides the well-known professional services already offered in the 
polysilicon area, the product range will also be supplemented to 
include crystallization and wafering in the future. A special focus 
at centrotherm SiTec is research and development aimed at pushing 
ahead with process-optimization in the above-mentioned production 
areas.
Dr. Albrecht Mozer, a specialist with over 26 years of experience in 
semiconductor manufacturing, will head up the management board of 
centrotherm SiTec. His experience includes more than 15 years of 
service as CTO of a well-known German polysilicon, ingot, and wafer 
manufacturer. Dr. Mozer, who is qualified to doctoral level in 
semiconductor physics, holds over 20 patents in the semiconductor 
technology and modules area, and has published articles and studies 
in over 50 specialist publications as both an author and a co-author.
He was a co-founder of SolMic GmbH in 2005, and of centrotherm SiQ 
GmbH. Besides Dr. Mozer, the company's management includes Dr. Frank 
Stubhan, who is responsible for the operating business, Michael Harro
Liese, who will be managing marketing and sales, and Holger Hilsenitz
heading up the financial area. Dr. Stubhan helped to establish 
centrotherm SiQ, and draws on many years of experience as a managing 
director of high-tech companies. He was responsible for the creation 
of two joint ventures in China, and, as the holder of a doctorate in 
physics, contributes over 10 years of experience in the CVD processes
area (chemical vapor deposition). Holger Hilsenitz has also acted as 
managing director in various plant engineering companies over the 
course of his international career, including a five-year tenure in 
Brazil. Michael Harro Liese, a further silicon specialist, 
supplements the management team of centrotherm SiTec. He has over 24 
years of experience in the power setpoint adjustor area, and expanded
this division into an internationally leading market position at his 
previous employer, a major German electrical plant and systems 
manufacturer.
"The founding of centrotherm SiTec allows us to create a clear 
profile for the solar silicon area within the centrotherm Group, and 
enables us to exploit synergies more efficiently," explains Robert 
Hartung, CEO of centrotherm photovoltaics AG. "With this new 
management we have a dynamic team of experts on board that will play 
a critical role in helping to structure the expansion of the silicon 
area as an important component of the solar value-creation chain." 
Good growth over recent months in the solar silicon division has 
confirmed centrotherm photovoltaics' strategy of further establishing
itself across the value-creation chain, all the way through to 
offering complete silicon factories, while focusing on silicon 
manufacturing. Major orders from China and the Ukraine bear testimony
to the strong position of the Blaubeuren-based company in this area. 
Dr. Albrecht Mozer comments: "As centrotherm SiTec, we are optimally 
positioned to promptly integrate our customers' requirements, and to 
implement our bundled know-how for the development of new solar 
silicon manufacturing process techniques."
end of announcement                               euro adhoc

Further inquiry note:

Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-31
E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard

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