3S Industries AG
3S Industries AG: Sylvère Leu becomes the new COO of the 3S Group
3S Industries AG / Change of Personnel/Miscellaneous Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ad hoc announcement - 3S Industries AG Sylvère Leu becomes the new COO of the 3S Group Lyss, 26th September 2008. The 3S Group is expanding its management team and now has a Chief Operating Officer: Sylvère Leu has more than 20 years of experience in photovoltaics and brings along profound know-how in the technology as well as in business management. The 56-year-old manager, who was formerly the Managing Director of Conergy Solar Module GmbH in Frankfurt/Oder (DE), will be responsible for the operational business from 1st October 2008. With the newly created position, the management team of the 3S Group is being expanded and strengthened. With the appointment of Leu, who has in-depth knowledge of the photovoltaic markets, the production processes and the developments in the industry, the world's technological market leader for production equipment for the manufacture of solar modules is setting an important course for the achievement of future growth and continued, sustainable corporate success. 'Mr. Leu is an ideal supplement to our management with his knowledge and wealth of experience in the photovoltaic industry,' said Rolf Wägi, the Chairman of the Board of 3S Industries AG, 'Decisive for the appointment of Mr. Leu was in particular his experience in the development of fully automatic production lines and his proven management track record.' About Sylvère Leu Sylvère Leu is an experienced general manager in the solar energy industry with outstanding technical and managerial know-how. Since 1988, the ETH engineer and HSG graduate has been active in prominent management positions in photovoltaics. Important steps in his career have included, among others, companies such as Fabrisolar AG, Küsnacht, Suntechnics GmbH, Hamburg (DE) and Conergy SolarModule GmbH, Frankfurt/Oder (DE), at which, as the Managing Director in each case, he performed decisive developmental and management work in the fast-paced phases of establishment and growth. After successfully building up a solar factory with fully integrated and highly automated production facilities for wafers, cells and modules at Conergy in Germany, Leu is now being drawn back to Switzerland where his family is at home. 3S Industries AG 3S Industries AG brings together the three key technologies in the field of solar module production, namely soldering, laminating and testing, under a single roof. With the acquisition of Somont, the Group has continued its expansion strategy and, with automatic string soldering machinery, has added the missing element in the value-creation chain of solar module production. 3S Swiss Solar Systems has been the world's technological market leader in laminating for years. In August 2007, 3S Industries acquired a further key technology with Pasan, the leading producer of module testers. The three companies operate independently of each other, each focused on one of the three key technologies. Furthermore, 3S Industries integrates this production equipment in turnkey, semi-automatic production lines. 3S Industries is also a producer of solar modules and plans and develops building-integrated solar systems. Contact 3S Industries AG: Investor Relations Antje Greiner Telephone: +41 (0) 32 391 11 35 Fax: +41 (0) 32 391 11 22 E-Mail: aktie@3-s.ch Contact: 3S Industries AG Antje Greiner Tel. +41(0)32 391 11 35 Fax. +41(0)32 391 11 12 aktie@3-s.ch www.3-s.ch Schachenweg 24 CH-3250 Lyss 26.09.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: 3S Industries AG Schachenweg 24 CH-3250 Lyss Schweiz Phone: +41 (0)32 391 11 11 Fax: +41 (0)32 391 11 12 E-mail: aktie@3-s.ch Internet: http://www.3-s.ch ISIN: CH0042821089 WKN: A0Q48P Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Foreign Exchange(s) BX End of News DGAP News-Service ---------------------------------------------------------------------------
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