Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) today announced that Dr. Patrick Hofer-Noser will assume responsibility for renewable energy systems as of April 1, 2012. With this newly created function which will report directly to the CEO, the Meyer Burger Group will actively support and ensure the ongoing development of sustainable energy resources and promote its cooperation within technical and political circles.
Dr. Patrick Hofer-Noser has been Chief Technology Officer (CTO) and member of the Executive Board since 2010 and President of Cleantech Switzerland since 2011. In his new role, Dr. Hofer-Noser, a recognised technology expert with an extensive network in the energy and cleantech sectors, will focus on important future national and international energy resource developments and the integration of leading products from the Meyer Burger Group. In his mandate as President of Cleantech Switzerland, Dr. Hofer-Noser will also continue his efforts on behalf of small and medium enterprises for the Swiss Cleantech export platform.
The role of Chief Technology Officer (CTO) is to act as a cooperative technical interface between the Executive Board and the individual group companies. In the future, Sylvère Leu, Chief Innovation Officer (CIO) and member of the Executive Board since 2010, will hold the additional role as CTO in a double mandate. As of April 1, 2012, Dr. Patrick Hofer-Noser will step down from the Executive Board and assume his new role as Head of Renewable Energy Systems within the extended management team of Meyer Burger Technology Ltd.
Additional information:
Werner Buchholz
Head of Corporate Communications
Tel +41 (0) 33 439 05 06
werner.buchholz@meyerburger.com
Ingrid Carstensen
Corporate Communications
Tel +41 (0) 33 439 3834
ingrid.carstensen@meyerburger.com
About Meyer Burger Technology Ltd
http://www.meyerburger.com/
Meyer Burger is one of the world’s leading providers of innovative systems and production lines for photovoltaics in the solar industry and for the semiconductor and optoelectronic industries. Highly efficient wafers made from silicon, sapphire and other crystals are required in these three markets to manufacture solar modules, switching circuits or high-performance LEDs. The Group’s core competences encompass a broad range of production processes, machines and systems that are used for the production of ultra-thin, high quality wafers, for the inspection and measurement of solar cells, for laminating, soldering and testing of solar module and for building-integrated solar systems. With the acquisition of Roth & Rau AG, with its cutting-edge products and technologies for the next generation of crystalline silicon solar cells, Meyer Burger Group is further expanding its market leadership along the entire photovoltaics value chain. The merger of the two companies creates a full-line system provider which covers the most important technology elements in the photovoltaics value chain, from crystalline silicon to complete solar systems, specifically in the production processes of wafering, solar cells and solar modules. The Group’s comprehensive range of products includes a worldwide service network with wear and tear parts, consumables, re-grooving services, process know-how, customer support, after-sales services, training and other services. As a globally active company, Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has over 2,500 employees since the Group’s expansion in August 2011.
Meyer Burger has its headquarters and the production facility of MB Wafertec (Meyer Burger Ltd) in Switzerland, while the group companies, Meyer Burger Automation GmbH, Hennecke Systems GmbH and AMB Apparate + Maschinenbau GmbH have their headquarters and production facilities in Germany. Diamond Wire Materials Tech, Inc. has its headquarters in Colorado Springs, CO, USA. The production facilities of 3S Modultec, 3S Photovoltaics and Pasan are also located in Switzerland, while Somont is located in Germany. The recently integrated Roth & Rau Group has its headquarters in Hohenstein-Ernstthal in Germany and has subsidiaries in Germany, Italy, the Netherlands, USA and various far Eastern countries. The entire Meyer Burger Group has subsidiaries and own service centres in Germany, Norway, Spain, USA, China, Japan, Singapore, South Korea, Taiwan and India. In other important markets, the Company relies on selected independent agents. The registered shares of Meyer Burger Technology Ltd are listed on SIX Swiss Exchange (Ticker: MBTN).
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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.
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