Press Release

• 2009 sales forecast of € 116.6 million met
• Business year 2009 with loss
• Positive trend for Blu-ray gains momentum
• Solar sales 2009 around previous year’s level
• Solar orders spark confidence
• Short-time work terminated as per March 31, 2010
• SINGULUS returned to TecDAX on March 22, 2010
• Target for 2010: Break-even on EBIT basis
• Dr. Stefan Rinck new CEO from April 1, 2010
• Markus Ehret new CFO from April 19, 2010

Kahl am Main, March 26, 2010 - The SINGULUS TECHNOLOGIES Group (SINGULUS) reports sales of 116.6 million for the business year 2009. This corresponds to a decline of € 95.5 million compared with the previous year
(€ 212.1 million). In the Solar segment sales were mainly stemmed from the consolidated STANGL Semiconductor Equipment AG with € 36.0 million in the year under review and therefore remained around the prior-year level of € 37.9 million.

The earnings before interest and taxes (EBIT) in the business year 2009 were strongly negative at € -73.2 million (previous year: € -46.2 million). Adjusted for restructuring and impairment expenses an EBIT in the amount of € -40.3 million resulted (previous year: € 2.0 million). The financial result of € -6.1 million came in better than in the previous year (€ -8.0 million). The net result of € 78.8 million was characterized by declining sales as well as one-time charges. Excluding restructuring charges a negative result in the amount of € -45.9 million was incurred (previous year: € -1.1 million). In the year under review the cash flow from operating activities was slightly positive at € 0.2 million (previous year: negative at € -11.2 million). The liquid funds at the end of the business year amounted to € 15.2 million.

The gross margin of 28.9 % in the business year 2009 was slightly lower than in the previous year (31.6 %), which was mainly caused by a lower share of high-margin activities of Blu-ray replication lines.

The order intake dropped by 64.2 % compared with last year and came to € 81.1 million in the business year 2009. Therefore this trend reflected the impacts of the financial and economic crisis. As per December 31, 2009 the order backlog of € 34.7 million also posted a considerable decrease compared with the previous year (€ 70.2 million).

SINGULUS continued to adjust capacities to the market development in the business year 2009 and consequently reduced the cost base for the coming years. At the end of 2009 the SINGULUS TECHNOLOGIES Group including HamaTech APE employed 572 people in total (previous year: 722 employees). With the sale HamaTech APE at the beginning of 2010 85 employees were excluded from the scope of consolidation. With currently 487 employees the headcount corresponds to required capacities so that the short-time work will be terminated as per March 31, 2010.

OUTLOOK
The crisis of the global economy had a strong impact on the business activities of the SINGULUS TECHNOLOGIES AG in 2009. For the year 2010 experts are projecting a gradual improvement of the economy. How quickly this will happen, cannot be forecast reliably. However, fortunately the project activities at SINGULUS improved in both the Optical Disc and Solar segments and therefore an improvement in the order intake is expected.

We are optimistic for the Optical Disc segment due to the increase of 60 % for Blu-ray Disc projected by market researchers. In case of such growth rates disc manufacturers will quickly reach their capacity limits and have to invest in new production equipment.

In the Solar segment an economic recovery has already become visible since the beginning of 2010. Inventories at cell manufacturers declined and the demand has improved considerably again. In many regions of the world the generation of electricity with photovoltaics will continue to expand. On that account SINGULUS offers modern plant systems, which provide cost reduction potential for the cell manufacturers in the production process. The strategic transition from a pure single machine provider towards a system supplier will open new opportunities for the company.

SINGULUS has used the time of consolidation in the years 2008/2009 to develop its Solar activities and to cooperate with important customers in the solar market. The company's goal is to build a strong market position for production equipment for solar cells in the next couple of years and to benefit from the upcoming growth in the solar market. This holds true for the introduction of new technologies for both the silicon and thin-film solar technology.

Turnaround achieved - positive results on EBIT basis target for 2010
In the past business year 2009 the company achieved the turnaround. As the market leader in the optical disc segment and with new products in the Solar division SINGULUS TECHNOLOGIES will return to profitability with its operating activities. It is the declared target of the Executive Board and the entire management to generate profits on an EBIT basis in 2010 and to realize sustainable earnings from 2011 once again.

Changes in the Executive and Supervisory Boards
Dr. Stefan Rinck (52), member of the Executive Board since September 1, 2009, will take over the management of the company as Chief Executive Officer (CEO) from April 1, 2010.

With effect from April 19, 2010 Mr. Markus Ehret (43) will become a member of the Executive Board as Head of Finance and Administration, CFO.

As planned, Mr. Roland Lacher will return to the Supervisory Board on April 1, 2010, where he will be Chairman. Deputy Chairman Dr. Wolfhard Leichnitz and Mr. Günter Bachmann are the other members of the three-person Supervisory Board. The Supervisory Board mandate of Mr. Jürgen Lauer terminates on March 31, 2010.