AUTEV AG
AUTEV AG: Internationally strong growth in the business area of injection moulding machines
AUTEV AG / Key word(s): Miscellaneous 30.03.2011 / 20:00 (Brandenburg an der Havel, 30th March, 2011) After the purchase of EXMATEC GmbH in Rheinland Pfalz, Germany, in August 2010 the AUTEV AG in Brandenburg an der Havel, Germany, has successfully expanded its business with special purpose machines for molding applications. The company has just delivered a machine with a market value of between EUR 120.000 and EUR 250.000 to Fisher & Paykel Healthcare Limited in Auckland, New Zealand, one of the leading companies worldwide in the area of medical technology. Besides other clients AUTEV expects to deliver two more machines to erenay plastic in Turkey by June 2011, which has already announced the order for two more machines for delivery in 2011. The company produces plastic components as well as casting moulds for the textile industry, with its prime customer base being the African market. With 35 years of experience of the former EXMATEC GmbH in building plastic machines, the business area of industry technology of AUTEV AG will be significantly enhanced. The open engine frame of their products, which is unique in the world, provides an extreme amount of flexibility in the sizing of the casting parts. Horizontal transfer of materials and carriers allows their integration in existing transfer systems and thereby simplifies the automation of the complete system. 'This singular know-how provides us with top rankings in the strong international market for injection moulding machines' declares Tim David, board member of AUTEV AG. About AUTEV AG Over the years, the AUTEV AG has developed into an efficient and internationally operating engineering and service company. The company plans, develops, produces, programs and delivers sophisticated machinery and facilities throughout the world. Additionally, the company is striving to achieve technology and market leadership in new fields of business. As a result the company successfully entered the market for energy efficient and CO2 reducing lighting technology. Following two years of research, the AUTEV AG successfully introduced AuLED into the market. AuLED is an innovative and energy saving street lamp, based on ultra-modern LED technology, which is already currently being widely used. Additional information about AUTEV AG can be found at www.autev.de AUTEV AG Carl-Reichstein-Str. 6 D-14770 Brandenburg a.d.H. Phone: +49 (0)3381 80 43 630 Fax: +49 (0)3381 80 43 635 E-Mail: info@autev.de End of Corporate News --------------------------------------------------------------------- 30.03.2011 Dissemination of a Corporate News, 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 --------------------------------------------------------------------- 117700 30.03.2011
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