Meyer Burger awarded important contract for over CHF 10 million for its newest generation DW288 Series 3 diamond wire saws.

Meyer Burger awarded important contract for over CHF 10 million for its newest generation DW288 Series 3 diamond wire saws.

The newly launched DW288 Series 3 diamond wire cutting technology from Meyer Burger has been selected for the manufacture of high performance mono-crystalline silicon solar wafers by yet another existing photovoltaic customer in Asia.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has received an important contract from a manufacturer of mono-crystalline solar wafers in Asia for its new generation DW288 Series 3 diamond wire based silicon wafer cutting equipment. The customer plans to expand its production volume of mono-crystalline wafers to support the increasing demand for its high quality solar wafers. The contract value is over CHF 10 million. Delivery and commissioning of the systems is scheduled for the second half of 2016.

The DW288 Series 3 is the newest generation of Meyer Burger’s successful diamond wire cutting technology which was introduced to the market at the beginning of 2016. Since its launch, Meyer Burger has provided the photovoltaic market with a total of over 2.0 gigawatts of cutting capacity reflecting substantial orders for the DW288 Series 3.

With its newest generation of its environmentally friendly, water-based diamond wire cutting technology, Meyer Burger continues to significantly reduce manufacturing costs for solar wafers while gaining a significant share of the growing mono-crystalline silicon market.

For further information, please contact:

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

About Meyer Burger Technology Ltd

www.meyerburger.com

Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The company currently employs over 1,500 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

Meyer Burger’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

The company’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).

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