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SCHWEIZER invests 10 million Euro into its site in Schramberg

22.07.2011
Schweizer Electronic AG / Key word(s): Enterprise/ SCHWEIZER invests 10 million Euro into its site in Schramberg DGAP-Media / 22.07.2011 / 13:37 =-------------------------------------------------------------------- Schramberg, July 22, 2011 - Schweizer Electronic AG's investment volume in its site in Schramberg amounts to about 10 million Euro in the years 2010 and 2011. In its fiscal year 2011 alone, the company will invest nearly 8 million Euro which will be used for expanding equipment that renders production processes more efficiently and supports the introduction of latest technologies. In the past years SCHWEIZER has continuously advanced the development of innovations in the product areas Power Electronics, Embedding and System Cost Reduction. By doing so, the company has geared itself up for mastering its customers' current and future requirements for technologically premium PCBs. Beyond the acquisition of a nickel-gold and a nickel-gold-palladium line, which serves for innovative surface finishing, SCHWEIZER has set-up further capacities for milling and depth milling. Only recently an Interposer -Pick-and-Place-System has been put into operation in order to fully automatise Embedding manufacturing. Additionally a new HDI Laser will be running soon. Beyond, a new Masslam Press Centre is near completion. 'We want to be leading in innovative technologies in future, too, and by investing, we are creating the necessary conditions. Our objective is to realize systems via our PCBs that offer more comfort, increase efficiency, use less fuel and cause less CO2 emissions', explains Dr. Marc Schweizer, CEO of Schweizer Electronic AG. 'With good reason our customers expect more than PCBs from us, thus in the meantime our offer encompasses complex systems for applications, that are for example being utilised in the growing area of E-Mobility. Any finally our investment into our site in Schramberg serves to protect and create job in our region. In the past 18 months we were able to create more than 120 new job in Germany.' About Schweizer: Schweizer Electronic AG is a leading manufacturer of premium PCBs, innovative solutions and services for automotive, solar and industry electronics. Based on recognized technology and consultancy competencies, SCHWEIZER's products and systems address central challenges in the areas of Power Electronics, Embedding and System Cost Reduction and are characterized by energy and environmentally friendly features. Together with its partners Contag GmbH and Meiko Electronics Co. Ltd. the company offers cost and production optimised solutions for small, medium and large series and within this network employs more than 13.000 people in Germany, Japan, China and Vietnam. With about 750 employees SCHWEIZER achieved sales of 105.4 million Euro in Fiscal Year 2010 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart Stock Exchange (ticker symbol 'SCE', 'WKN515623'). For further information please contact Susanne Schorn Media & Communications Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Phone: +49 7422 / 512-213 Fax: +49 7422 / 512-397 E-mail: Communications@schweizerelectronic.ag Please visit our website: www.morethanPCBs.com End of Media Release =-------------------------------------------------------------------- 22.07.2011 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Germany Phone: 07422-512-301 Fax: 07422-512-397 E-mail: ir@schweizerelectronic.ag Internet: www.schweizerelectronic.ag ISIN: DE0005156236 WKN: 515623 Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin End of News DGAP-Media =-------------------------------------------------------------------- 132906 22.07.2011

Schweizer Electronic AG / Key word(s): Enterprise/ SCHWEIZER invests 10 million Euro into its site in Schramberg DGAP-Media / 22.07.2011 / 13:37 =-------------------------------------------------------------------- Schramberg, July 22, 2011 - Schweizer Electronic AG's investment volume in its site in Schramberg amounts to about 10 million Euro in the years 2010 and 2011. In its fiscal year 2011 alone, the company will invest nearly 8 million Euro which will be used for expanding equipment that renders production processes more efficiently and supports the introduction of latest technologies. In the past years SCHWEIZER has continuously advanced the development of innovations in the product areas Power Electronics, Embedding and System Cost Reduction. By doing so, the company has geared itself up for mastering its customers' current and future requirements for technologically premium PCBs. Beyond the acquisition of a nickel-gold and a nickel-gold-palladium line, which serves for innovative surface finishing, SCHWEIZER has set-up further capacities for milling and depth milling. Only recently an Interposer -Pick-and-Place-System has been put into operation in order to fully automatise Embedding manufacturing. Additionally a new HDI Laser will be running soon. Beyond, a new Masslam Press Centre is near completion. 'We want to be leading in innovative technologies in future, too, and by investing, we are creating the necessary conditions. Our objective is to realize systems via our PCBs that offer more comfort, increase efficiency, use less fuel and cause less CO2 emissions', explains Dr. Marc Schweizer, CEO of Schweizer Electronic AG. 'With good reason our customers expect more than PCBs from us, thus in the meantime our offer encompasses complex systems for applications, that are for example being utilised in the growing area of E-Mobility. Any finally our investment into our site in Schramberg serves to protect and create job in our region. In the past 18 months we were able to create more than 120 new job in Germany.' About Schweizer: Schweizer Electronic AG is a leading manufacturer of premium PCBs, innovative solutions and services for automotive, solar and industry electronics. Based on recognized technology and consultancy competencies, SCHWEIZER's products and systems address central challenges in the areas of Power Electronics, Embedding and System Cost Reduction and are characterized by energy and environmentally friendly features. Together with its partners Contag GmbH and Meiko Electronics Co. Ltd. the company offers cost and production optimised solutions for small, medium and large series and within this network employs more than 13.000 people in Germany, Japan, China and Vietnam. With about 750 employees SCHWEIZER achieved sales of 105.4 million Euro in Fiscal Year 2010 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart Stock Exchange (ticker symbol 'SCE', 'WKN515623'). For further information please contact Susanne Schorn Media & Communications Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Phone: +49 7422 / 512-213 Fax: +49 7422 / 512-397 E-mail: Communications@schweizerelectronic.ag Please visit our website: www.morethanPCBs.com End of Media Release =-------------------------------------------------------------------- 22.07.2011 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Germany Phone: 07422-512-301 Fax: 07422-512-397 E-mail: ir@schweizerelectronic.ag Internet: www.schweizerelectronic.ag ISIN: DE0005156236 WKN: 515623 Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin End of News DGAP-Media =-------------------------------------------------------------------- 132906 22.07.2011

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