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21.01.2010 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger concludes contracts for approximately CHF 35 million with GCL-Poly

 





Meyer Burger has won important orders for wire saws and wafer inspection systems of approximately CHF 35 million with Jiangsu GCL Silicon Material Technology Development Co., Ltd., a wholly-owned subsidiary of GCL-Poly Energy Holdings Limited that is listed on the Stock Exchange of Hong Kong (stock code: 3800 HK). In the course of GCL-Poly’s planned expansion of production capacity up to 2 GW in 2010, the wire saws from Meyer Burger Ltd and the inspection systems of Hennecke Systems GmbH will secure the manufacturing of high grade quality multi-crystalline solar wafers.


Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that Meyer Burger Ltd, a member of the Meyer Burger Group, succeeded in concluding contracts for the supply of high-tech slicing and wafer inspection systems. The wafer inspection systems will be delivered from Hennecke Systems GmbH, also member of the Meyer Burger Technology group. The delivery is scheduled for 2010 with completion expected in the third quarter of 2010.

 

GCL-Poly is China’s largest and one of the world's leading polysilicon and wafer supplier and also a top green energy enterprise in China. Annual polysilicon production capacity reached 18,000 MT by the end of 2009 and is expected to reach 21,000 MT by the end of 2010. GCL-Poly has also started constructing wafer production facilities and targets to achieve 2 GW of capacity by end of 2010.  The company also recently completed construction of a 20 MW solar farm in Xuzhou, Jiangsu province, which is the largest solar farm in China so far.

  

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.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 key technologies of soldering, laminating and testing under one roof. Solar Modul Manufacturers worldwide use the String soldering machines of Somont, the laminating lines of 3S Swiss Solar Systems and the testing technology of Pasan, to produce solar modules whose performance, operating life and quality meet the most exacting 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 Wire Technologies Inc. has its headquarter 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, Spain, Norway, USA, China and Japan, which all are represented by its own staff on-site. In Taiwan Meyer Burger works with independent sales and service partners that are part of Meyer Burger’s global service network. 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. 

 

 


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