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29.06.2011 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger successfully signs new contract with GCL in China worth more than CHF 160 million.

 


Meyer Burger successfully signs new contract with GCL in China worth more than CHF 160 million.



Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that MB Wafertec and Hennecke, both members of the Meyer Burger Technology Group, successfully concluded contracts for the supply of high-tech slicing and wafer inspection systems. GCL-Poly selected again Meyer Burger for the delivery of precision wire saws and inspection systems against a strong competition in the industry.

 

GCL-Poly is China’s largest and one of the world's leading polysilicon and wafer suppliers and also a top green energy enterprise in China. The company has chosen Meyer Burger as a preferred supplier of advanced photovoltaic technologies and highly integrated systems. With its innovative drive to advance and develop new technologies and its strong service-oriented customer focus, Meyer Burger is helping GCL-Poly to meet its growing manufacturing requirements.

 

Meyer Burger CEO Peter Pauli commented that, “as a leading process and system supplier in the photovoltaic industry, it is very important for us to successfully build on our strong relationships with key solar energy companies and demonstrate our technological leadership in the market.”

 

GCL Mr. Shua Hua, Chief Executive Officer, added that, “we choose Meyer Burger as one of our strategic suppliers enabling us to produce top quality solar wafers and meet the increasing demand for our high quality products in the solar industry as well as achieve our growth targets.”

 

 

Further information:
Werner Buchholz
Head of Corporate Communications
Tel +41 (0) 33 439 05 06
w.buchholz@meyerburger.ch


About Meyer Burger Technology Ltd

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 optics industries. Highly efficient 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 encompass a broad range of machines, production processes and systems that are used for the production of high quality wafers, for the inspection and measurement of solar cells, for laminating, soldering and testing of solar modules and for building-integrated solar systems. Meyer Burger Group covers the most important technology steps in the value chain of photovoltaics with its products and solutions portfolio. 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 and has over 1,200 employees as of year-end 2010.

 

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 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. Meyer Burger Group has also 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).

 

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. 
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