Meyer Burger wins order for over CHF 60 million with customer in Korea

Meyer Burger wins order for over CHF 60 million with customer in Korea

Meyer Burger has successfully concluded a contract of over CHF 60 million for wire saws, ID-saws and wafer inspection systems with Nexolon in Korea. Nexolon is a leading manufacturer of mono- and multi-crystalline solar wafers. For the expansion of its production facility to 1GW by the end of 2011, Nexolon relies on the high-tech manufacturing equipment from Meyer Burger Ltd and Hennecke Systems GmbH.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that the group members Meyer Burger Ltd and Hennecke Systems GmbH succeeded in concluding a contract for the supply of slicing- sand wafer inspection -systems with Nexolon, Korea. Nexolon plans an expansion of its production capacity from 850MW to 1GW in 2011. The wire- and ID-saws from Meyer Burger Ltd and the Wafer inspection systems from Hennecke Systems GmbH will secure the manufacturing of high quality solar wafers.

Nexolon, headquartered in Seoul, Korea, was established in 2007. The production plant which is located in Iksan, Korea, plans to expand its production capacity to 1GW by the end of 2011. Nexolon focuses on solar power and has become one of the leading manufacturers of mono- and multi-crystalline solar wafers.

Further information:

Monique Henzi

Corporate Communications

Tel +41 (0) 33 439 29 70

m.henzi@meyerburger.ch

About Meyer Burger Technology Ltd

www.meyerburger.ch

Meyer Burger 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 within the group are used in the solar industry (photovoltaics), semiconductor 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. Since the merger in January 2010 with 3S Industries Ltd, the worldwide leader in turnkey production lines and single equipment for the manufacturing of solar modules, the group also covers the entire value chain for solar module production and combines the key technologies of soldering, laminating and testing under one roof. Solar module manufacturers worldwide use the string soldering machines of Somont, the laminating lines of 3S Swiss Solar Systems and the testing technologies of Pasan, to produce solar modules whose performance, operating life and quality meet the highest demands. The group’s comprehensive range of products includes a worldwide service network with wear and tear parts, consumables, re-grooving services, 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 AMB Apparate + Maschinenbau GmbH have their headquarters and production facilities in Germany. Diamond Materials Tech, Inc. has its headquarters in Colorado Springs, CO, USA. The production facilities of 3S Swiss Solar Systems and Pasan are also located in Switzerland, while Somont is located in Germany. Meyer Burger Group has also subsidiaries and own service centres in Germany, Norway, Spain, USA, China, Japan, Singapore, South Korea and Taiwan. In other important markets, the company relies on selected independent agents. 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.