COMplus Technologies SE
COMplus Technologies SE: Subsidiary company AUTEV AG carries out a capital increase
Complus Technologies SE / Key word(s): Miscellaneous COMplus Technologies SE: Subsidiary company AUTEV AG carries out a capital increase – Capital increase to support the growth target – Gross revenue of issue of estimated 1.3 million EUR – Expansion of manufacturing capacity within the division industrial lamp with LED Brandenburg (Havel), July 22, 2011 – The AUTEV AG, a 20 per cent subsidiary company of COMplus Technologies SE, on July 18 announced the closing of a capital transaction. In the context of a capital increase the internationally operating engineering and service supplying company, primarily active in the fields of LED lighting, industrial and environmental technology, generated gross revenue of issue of estimated 1.3 million Euros. This newly gained liquidity provides the financial room for manoeuvres needed by the AUTEV AG in terms of further support of the growth target as well as to strengthen its capital base. It is primarily the section of LED industrial lighting which in terms of a further increase of sales potential is limited by the 100 per cent capacity utilization. Therefore the raised financial resources will for the most part be used for the expansion and development of the manufacturing capacity within the promising and strongly growing market of industrial lamp with LED. Within the scope of these objectives the AUTEV AG additionally founded a new project company, the 'AuLED GmbH.'. Uwe Maiberg, managing director and member of the board of COMplus Technologies SE explains: 'Presently we are highly pleased with the operational development of the AUTEC AG. The demand for industrial lighting with LED is permanently growing not least because of its significant cost-and efficiency benefits. Consequently the continuous development of the company's product portfolio and the expansion of manufacturing capacity are both the next important steps to be taken.' The management
About COMplus Technologies SE Within the COMplus Technologies SE there are joined several projects. The actual projects cover the areas of internet access by directional radio, LED technologies, IT, plant construction and online games. The COMplus Technologies SE concentrates on the specific, fast and sustainable implementation of projects within growth markets. Due to the project structure the company achieves a lean and flexible organisation which allows a continuous and strong growth under monetarily ideal conditions. For more information about COMplus Technologies SE we invite you to visit the company's website at www.complus-technologies.de
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