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28.10.2011 – 08:01

SMT Scharf AG

EANS-News: SMT Scharf AG presents new heavy-load transporter

  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

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