Press Release

Kahl am Main, November 5, 2009 - SINGULUS TECHNOLOGIES achieved cumulated sales in the amount of € 95.9 million during the first nine months of 2009 (previous year: € 149.9 million). The order intake is characterized by weak business in the segments Optical Disc and Solar. It came to € 56.0 million during the first nine months of 2009 which is significantly lower than the € 197.4 million reached in the prior-year period. The order intake in the 3rd quarter 2009 also declined and dropped to € 15.2 million (Q3 2008: € 42.2 million) The order backlog amounted to € 30.3 million as of September 30, 2009 (previous year: € 103.4 million).

On an operating basis (before extraordinary write-offs) the EBIT was negative at € -13.9 million (previous year: € -11.7 million). However, the gross margin improved to 31.6 % during the first nine months of the business year 2009 (previous year: 28.1 %).

The Executive Board of the SINGULUS TECHNOLOGIES AG once again reviewed all positions in the company in detail with respect to necessary adjustments and write-offs. In the course of the meeting on November 4, 2009 it was resolved to perform balance sheet-relevant write-offs of € 37.4 million in total.

Specifically, write-offs on inventories and receivables amount to € 19.3 million. The assets of HamaTech APE are reduced in the balance sheet due to a revaluation of the business activities by € 8.6 million. The intangible assets from the Oerlikon acquisition in spring 2008 are written off by around 50 %, i.e. by € 9.5 million. This results in non-cash write-offs in the total amount of € 37.4 million.

The restructuring charges incurred in the 3rd quarter 2009 amounted to € 3.3 million and will result in significant savings in personnel expenses from 2010.

Therefore, taking into account the extraordinary items a negative EBIT in the amount of € -53.3 million results. In the 3rd quarter the EBIT before one-time charges amounted to € -6.2 million. Including the extraordinary expenses SINGULUS posted a negative EBIT totaling € -42.7 million in the quarter under review (previous year: € -39.0 million).

A pick-up in the overall business activities has not yet taken place in the 3rd quarter 2009 either. Accordingly, for the business year 2009 SINGULUS therefore confirms sales in a range of € 115 to 125 million with significantly negative earnings.

The overall economic situation is expected to improve once again in 2010. In addition, the restructurings implemented in 2009 - together with the completed adjustments and write-offs - will result in a significant reduction of the cost base in the coming years.

SINGULUS TECHNOLOGIES is sure that the company, as the market leader in the Optical Disc segment and with new products in the Solar segment, will again be able to stabilize its operations and to generate sustainable positive earnings.