Meyer Burger awarded strategic contracts with a combined order volume of about CHF 14 million for its industrialised diamond wire based DW 288 Sapphire cutting system

 

Press Release

Thun, 6 March 2018

 

 

Meyer Burger awarded strategic contracts with a combined order volume of about CHF 14 million for its industrialised diamond wire based DW 288 Sapphire cutting system

 

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it has successfully concluded strategically important contracts with two existing customers in Asia for the delivery of its high precision industrial DW 288 Sapphire cutting platform for slicing and wafering applications in specialised non-PV technologies. Meyer Burger surpassed well-known regional and international competitors for the contracts with its extensive expertise in exact cutting technologies and based on the excellent experience the customers have had with Meyer Burger’s highly motivated, professional and solution-oriented employees in previous projects.

 

The total contractual value of both orders is about CHF 14 million. The orders comprise installation, on-site training and service of the industry-leading DW 288 Sapphire cutting platform. Delivery of the system solutions is scheduled for the second quarter 2018.

 

 

 

 

Contacts

Ingrid Carstensen

Head of Corporate Communications

Phone: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

 

Daniel Eicher

c/o Tolxdorff Eicher Häberling

Phone: +41 (0)33 221 28 83

daniel.eicher@meyerburger.com

 

 

 

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

 

This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.