Kahl am Main, December 6, 2012 - Mr. Günter Bachmann resigned from his position at the Supervisory Board of the SINGULUS TECHNOLOGIES AG for personal reasons. The Supervisory Board and the Executive Board regret this step and express their explicit gratitude for his committed and very good cooperation since his appointment to the Supervisory Board on June 6, 2008.
The Supervisory Board recommended to the Regional Court to appoint Ms. Dipl.-Kfm. Christine Kreidl, Certified Public Accountant and Tax Adviser, as a substitute member. Ms. Kreidl was appointed member of the Supervisory Board on December 4, 2012 until June 6, 2013. For many years, Ms. Kreidl was member of the Executive Board of one of the largest international auditing companies and is a proven expert for international tax law, international accounting as well as mergers & acquisitions. At the upcoming Annual Shareholders Meeting, Ms. Kreidl will run for office for an additional tenure in the Supervisory Board.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES is market leader in the business segment Optical Disc for CD, DVD and Blu-ray Disc production equipment. In the Solar segment, SINGULUS’ goal is to attain a leading position in the silicon and thin-film solar technology as a machine supplier as well as a development partner and supplier of manufacturing equipment for new cell concepts. With respect to production technology for CIGS/CIS thin-film solar cells SINGULUS is excellently positioned. The activities in the division Semiconductor for vacuum deposition machines are extensively strengthened to applications like MRAM, sensors as well as read/write elements. New application areas for vacuum deposition technology are the focus of the further development.