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08.06.2007 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger presents its new management staff

 






Meyer Burger Technology AG (SWX Swiss Exchange: MBTN) announced today that Meyer Burger AG is re-organising at management level and its business management. The organisational change is a direct result of the continuation of Meyer Burger’s growth strategy and underlines the efforts to prepare for the future market requirements and to adapt in-house structures to achieve the company goals.

New production manager
Mr Bernhard Gerber, a graduate engineer with an MBA, will take over management of production at Meyer Burger AG with effect from 1st August 2007. From 2006 Bernhard Gerber was employed as a member of the management and head of production and supply chain management at HTT Hauser Tripet Tschudin AG in Biel. Beforehand, he had held various appointments in production, automation and assembly at the Bystronic Group in China and Switzerland. With his many years of experience in the international machine industry, Bernhard Gerber will bring a lot of industry-specific expertise and management experience into the company.
Mr Werner Bettschen, previous Head of Production and Member of the Business Management of Meyer Burger AG, is retiring from the management of Meyer Burger AG for health reasons. But his long and valuable experience shall remain with the company. For Werner Bettschen will concentrate on the logistics and infrastructure areas.

Research and Development (R&D)
Dr. Urs Schönholzer, Head of R&D, is looking for new professional challenges outside Meyer Burger AG. The Administrative Board and business management of Meyer Burger Technology AG thank Dr. Schönholzer for his commitment and the contribution he has made in the past to the successful development of Meyer Burger.


About Meyer Burger Technology Ltd
http://www.meyerburger.ch/

Meyer Burger Technology Ltd is a leading and globally active technology group for innovative systems and processes for cutting and handling 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 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 complemented by a worldwide service network with wear and tear 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 group companies, Meyer Burger Automation GmbH, Hennecke Systems GmbH and and AMB Apparate + Maschinenbau GmbH, have their headquarters and production facilities in Germany. The group also has subsidiaries and own service centres in Germany, Norway, China and Japan, which all are represented by its own staff on-site. In Taiwan and the USA, Meyer Burger works with independent sales and service partners that are part of Meyer Burger’s global service network. In other important countries the company relies on selected independent agents. Meyer Burger generated net sales of CHF 455 million in fiscal year 2008 and employed more than 630 staff worldwide as of year end 2008.

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THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES.  THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.


Press release (PDF)