In today’s edition of Handelszeitung, 21 May 2008, an interview was published, which suggested that Meyer Burger Technology Ltd might consider an entrance into thin film technology as a possible scenario. This interpretation is not correct and completely contradictory to the corporate strategy of Meyer Burger.
Meyer Burger Technology Ltd (SWX Swiss Exchange: MBTN) comments on today’s published interview in the Handelszeitung, dated 21 May 2008, and clearly dissociates itself from the interpretation of an answer that was given with respect to thin film technology.
Peter Pauli, CEO of Meyer Burger Technology Ltd, was asked in the interview, whether an entrance into the manufacturing processes of thin film technology was a possible solution for the company. Peter Pauli had answered that Meyer Burger does not exclude developments into other technologies used for the manufacturing of crystalline silicon. However, the Company would clearly not pursue a “Me-Too” strategy with regards to thin film technology. Meyer Burger continuously examines other technologies and, if a clear differentiation to existing technologies, such as crystalline silicon or thin film were to become available the Company would qualify such new technologies for its potential strategic fit.
The headline of Handelszeitung states: “Even an entrance into the emerging thin film technology is possible”. This interpretation is wrong and contradictory to the corporate strategy of Meyer Burger.
For further information, please contact:
Werner Buchholz, Corporate Communications
+41 33 439 05 06, w.buchholz@meyerburger.ch
Information on Meyer Burger Technology Ltd
www.meyerburger.ch
Meyer Burger Technology Ltd is a leading and globally active technology group for innovative systems and processes for manufacturing crystalline and other high-grade materials.
The machines, competences and technologies of the different companies in the group are used in the solar industry (photovoltaics), semi-conductor and optical industry. The thinnest wafers made from silicon, sapphire or other crystals are required in these three sales markets to manufacture solar modules, switching circuits or high-performance LEDs. The group’s core competences are made up of a whole range of production processes, machines and systems that are used within the value chain in the manufacture of high quality wafers. The comprehensive range of products is rounded off with a worldwide service network with spare parts and wear parts, consumables, Re-grooving service, process know-how, servicing, after-sales service, training and other services. As a globally active company, the group is represented in Europe, Asia and North America in the respective key markets. Meyer Burger has its headquarters and the production facility of Meyer Burger Ltd in Switzerland, while the new group companies, the Meyer Burger Automation GmbH, Hennecke Systems GmbH and AMB Apparate + Maschinenbau GmbH, have their headquarters and production facilities in Germany. The group also has a presence in China and Japan in the form of its subsidiary companies, its service centres in Germany and its own employees on site in the Philippines. In Taiwan and the USA Meyer Burger works with independent sales and service partners that are part of Meyer Burger’s service network. In other important countries the company relies on selected independent agents. Meyer Burger generated net sales of CHF 208 million in fiscal year 2007 and employs more than 450 staff worldwide as of February 2008.
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