Press Release

• Sales forecast met at € 212.1 million
• Order intake and order backlog 2008 above prior-year levels
• EBIT negative after restructuring

Kahl am Main, March 27, 2009 - The SINGULUS TECHNOLOGIES Group (SINGULUS) met its own forecast for the business year 2008 and achieved sales in the amount of € 212.1 million (previous year: € 229.5 million). Adjusted for restructuring expenses and impairment charges positive earnings before interest and taxes (EBIT) in the amount of € 2.0 million resulted (previous year: € 4.2 million). Including these extraordinary effects the EBIT for the period under review came to € -46.2 million (previous year: € 1.1 million).

The gross margin improved significantly in the business year 2008. The rise to 31.6 % (previous year: 29.3 %) was mainly caused by a high share of strong-margin business with our Blu-ray replication machines as well as increasing business activities in the Solar segment in comparison to overall sales.

The order backlog of € 70.2 million as December 31 exceeded the prior-year total (€ 55.8 million) by 25.8 %. At € 226.4 million the order intake for the full year 2008 was 11.1 % higher than the € 203.8 million achieved in 2007. In contrast, in the 4th quarter 2008 the order intake of € 28.9 million was weak as expected. Stefan A. Baustert, Chief Executive Officer of the SINGULUS TECHNOLOGIES AG, comments: “Since the order intake for optical disc equipment is cyclical and concentrated in the months April to July, we also expected this trend for the new Blu-ray Disc production machines in the 4th quarter. In the Solar segment a significant improvement of the order intake compared with the previous year was achieved. Only the 4th quarter showed some slow-down here, which we attribute to the financial and economic crisis.�

Outlook
During the Supervisory Board meeting on September 17, 2008 SINGULUS TECHNOLOGIES decided to concentrate on the core businesses Optical Disc and Solar in the future.

These markets addressed by SINGULUS show good growth potential for the coming years. For many years SINGULUS TECHNOLOGIES has held a globally leading market position in the sales of production equipment for CD and DVD. SINGULUS TECHNOLOGIES was also able to position itself as market leader in the new optical disc format “Blu-ray� in the year 2008.

Our second core activity, the Solar segment, exhibited a satisfactory performance in the business year 2008. Both sales and order intake of our subsidiary STANGL Semiconductor Equipment AG increased to a significantly higher level than the previous year's.

As in many other sectors of machine and plant engineering, the global economic crisis also had a negative impact on the order volumes in the solar industry.  Insofar, in particular in the first months of the business year 2009 the business activities in the solar sector are expected to remain subdued. At the same time the governments in the key industrial countries passed huge economic stimulus programs recently to revitalize economic activities.

It is expected that parts of these public investments will flow into the area of the "Renewable Energies" and therefore also into the solar industry. Therefore, we are convinced that the market for production equipment for solar cells and modules will already pick up during the 2nd half of 2009. In the medium- to long-term we see good market and growth prospects for photovoltaic production equipment.

With the clear focus of the company on the core activities Optical Disc and Solar we regard the company well positioned for the future. Both the market for production machines for solar cells and the market for Blu-ray production lines are young market, which will only start to grow sharply in the next couple of years.

Due to the currently difficult global economic conditions and a weak start of the fiscal year 2009 we cannot rule out a negative impact on our core activities Optical Disc and Solar for the business year 2009. Accordingly, our budgets for 2009 are cautious and we implemented company-wide cost reduction programs. This also includes personnel measures.

Singulus Technologies – consolidated key figures (IFRS)