Meyer Burger receives another significant order for CHF 21 million from a leading Chinese tier one supplier in the solar industry.

Meyer Burger receives another significant order for CHF 21 million from a leading Chinese tier one supplier in the solar industry.

A leading Chinese supplier of solar products and solutions has awarded Meyer Burger another significant contract for the delivery of cutting-edge technologies and equipment for the production of high-quality solar wafers and highly efficient solar cells with a total contract value of about CHF 21 million. The contract includes the multi-award-winning diamond wire saw DW288 Series 3 as well as the technology platform MAiA 2.1 with the industry-leading upgrade cell technology MB PERC. Delivery and commissioning of the equipment will start as of the fourth quarter 2016.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded another large contract with a leading Chinese tier one supplier in the solar industry, amounting to a contract volume of about CHF 21 million. The high-tech equipment for the production of high-quality solar wafers, which uses the latest generation of diamond wire saws, the DW288 Series 3, and the industry-leading upgrade cell technology MB PERC on the system platform MAiA 2.1, will secure a considerable increase in the production capacity and in the cell-efficiency for the customer. This newly created and delivered production capacity amounts to about 700 MW, in both, wafer and cell area.

Meyer Burger distinguished itself from well-known international competitors by a very high level of commitment and a solution- and customer-oriented working method. The delivery of the equipment will start in October 2016. The customer plans to start producing as of the first quarter 2017.

Use of the diamond wire saw solution DW288 in the sapphire industry too

The award-winning diamond wire saw platform DW288 also convinces customers in the sapphire industry. Meyer Burger has successfully concluded a contract for this latest generation of diamond wire saws with another customer in China. The contract value is in a lower single-digit million range. The DW288 Series 3 thereby confirms its unique technological and economical position in future-oriented growth markets like the solar or sapphire industry.

For further information, please contact:

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

Agenda:

17 August 2016 :  Publication Half-Year Report and Results 1st Half-Year 2016  

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).

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, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE 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.

This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.