EANS-News: SMT Scharf AG presents new heavy-load transporter
28.10.2011 – 08:01
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- New Products/Company Information Hamm (euro adhoc) - October 28, 2011 - SMT Scharf AG (WKN 575198, ISIN DE0005751986), technology and world market leader for rail-bound railway systems for the mining sector, has today presented a new heavy-load transporter at the "China Coal and Mining Expo" trade fair in Beijing. The transporter is designed to transport loads of up to 60 tonnes underground. The high payload enables mines to realise time and cost savings when moving particularly heavy equipment items. The new transporter's performance data are superior to those of all competitor products, according to SMT Scharf´s own estimates. With regard to the transporter's drive SMT Scharf is relying on tried and tested diesel engine technology utilised in its diesel-powered monorail systems. The same diesel engine drives the new transporter's crawler track units, enabling it to climb gradients of up to 25 degrees with full payloads, while guaranteeing a high degree of manoeuvrability for the vehicle. Applications have been submitted to obtain international intellectual property rights for the vehicle design and construction. "The equipment items our customers deploy are tending to achieve increasingly higher unit weights. This generates demand for systems that can transport these items without the need to dismantle them," commented Dr. Friedrich Trautwein, CEO of SMT Scharf AG. "We are optimistic that our new heavy-load transporter represents a unique solution for mines that brings significant additional efficiency to underground work." Company profile The SMT Scharf group develops, builds and maintains transportation equipment for mining and tunneling. The main product area is rail-bound railways which are used all over the world, primarily in hard coal mines and underground mining for gold, platinum and other metals. They are used to transport material and personnel with working loads of up to 45 tons on lines with gradients of up to 35 degrees. SMT Scharf´s other key products are roadheaders, equipment for tunnel support and chairlifts. The SMT Scharf Group has its own companies in eight countries as well as additional dealerships worldwide. SMT Scharf records more than 80% of its revenue in high-growth foreign markets, such as Russia, China and South Africa. Business with spare parts and repairs accounts for around 40% of revenue. The entire market for underground transport technology comprises EUR 5 billion to EUR 7 billion per year according to the company´s estimates. SMT Scharf AG has been listed in the Prime Standard (Regulated Market) of the Frankfurt Stock Exchange since April 11, 2007. Further inquiry note: Investor Relations cometis AG Dominic Großmann Tel: +49(0)611 - 205855-15 Fax: +49(0)611 - 205855-66 e-mail: grossmann@cometis.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: SMT Scharf AG Römerstr. 104 D-59075 Hamm phone: +49(0)2381-960212 FAX: +49(0)2381-960311 mail: ir@smtscharf.com WWW: http://www.smtscharf.com sector: Machine Manufacturing ISIN: DE0005751986 indexes: CDAX, Classic All Share, Prime All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English