Solutronic AG
Solutronic AG shareholders’ meeting votes in new Supervisory Board
Solutronic AG / Key word(s): AGM/EGM Solutronic AG shareholders’ meeting votes in new Supervisory Board – Dr. Werner Brinker and Dr. Andreas Leimbach voted onto Supervisory Board – Sibylle Scheuerle-Kraiss and Georg Kiefer did not seek re-election Köngen, 31 May 2011 – Today’s shareholders’ meeting at Solutronic AG saw Dr. Andreas Leimbach and Dr. Werner Brinker voted in as new members of the company’s Supervisory Board. With the arrival of Dr. Leimbach, a former member of the Board of Management of Dresdner Bank AG and IKB Deutsche Industriebank AG, the Supervisory Board has gained the services of a renowned financial and capital markets expert. Dr. Leimbach was active in the banking industry for over 20 years and is today Managing Director of SolarKapital GmbH, a financial investor focused on the solar sector. He has also been working as a consultant for some years. As such, he embodies the perfect combination of management, finance and industry expertise. Dr. Werner Brinker is CEO of EWE AG, Germany’s fifth-largest utility company, and enjoys more than 30 years of experience in the energy industry. EWE AG was exceedingly quick to invest in the generation of heat and electricity from renewable energy sources as well as telecommunication and IT services and has a great deal of know-how in these sectors and an excellent reputation industry-wide. Dr. Brinker boasts a profound knowledge and understanding of the industry and distinct strategic expertise. Sibylle Scheuerle-Kraiss decided not to seek re-election. Likewise, Georg Kiefer withdrew his candidacy in favour of Dr. Brinker, after the latter had expressed his willingness to stand. The Board of Management and Supervisory Board of Solutronic AG would like to thank Ms Scheuerle-Kraiss and Mr Kiefer for their commitment and contribution to the work of the Supervisory Board. The newly elected Supervisory Board, comprising Mr Kaupp, Dr. Leimbach and Dr. Brinker, is now an extraordinarily competent team of experts, extremely capable of fulfilling its monitoring and advisory role. Investors’ Contact Thorsten Soll Public Relations Contact Stefanie Hempel About Solutronic AG Solutronic AG, founded back in 2004, develops and markets transformerless, grid-connected inverters for photovoltaic installations. PV inverters convert the direct current generated by solar modules to alternating current so that it can be fed into the power supply system. In FY 2010, Solutronic generated sales of EUR20.1m and posted an EBIT amounting to EUR4.7m. Solutronic has made a conscious decision not to manufacture the products it develops itself, but to exploit the expertise of electronic manufacturing servicers headquartered in Germany. Based in the small town of Köngen near Stuttgart, Germany, it sees itself as a leading supplier of top-quality, cutting-edge, grid-connected inverters for photovoltaic installations. Its inverters, which cover nominal AC power ratings from 2.5 to 30 kW, are software-controlled and therefore facilitate innovative monitoring and communications functions. Furthermore, they feature high efficiency levels of up to 98% and extremely low failure rates. Thanks to its development expertise, innovative business model and sophisticated quality management regime, Solutronic is in an excellent position to systematically expand its share of the global inverter market. End of Corporate News 31.05.2011 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 |
Language: | English | |
Company: | Solutronic AG | |
Küferstrasse 18 | ||
73257 Köngen | ||
Deutschland | ||
Phone: | 07024 96128-0 | |
Fax: | 07024 96128-50 | |
E-mail: | info@solutronic.de | |
Internet: | www.solutronic.de | |
ISIN: | DE000A1E8NE7 | |
WKN: | A1E8NE | |
Listed: | Freiverkehr in Berlin, Düsseldorf, München; Entry Standard in Frankfurt | |
End of News | DGAP News-Service |
127032 31.05.2011 |