3S Industries AG
3S Swiss Solar Systems general meeting of shareholders accepts all proposals of the Board of Directors
3S Swiss Solar Systems AG / AGM/EGM/Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Corporate News 3S Swiss Solar Systems AG (Not for distribution in the United States, Japan, Australia, Canada or Germany) 3S Swiss Solar Systems general meeting of shareholders accepts all proposals of the Board of Directors Lyss, 25 June 2008. The general meeting of shareholders of 3S Swiss Solar Systems AG, the worldwide technological leader in laminating lines and testers for solar module production, today accepted all the proposals of the Board of Directors. The way is thus clear for the takeover of Somont and several innovations, such as the issue of nominal shares and the change of the company name to 3S Industries AG. A large majority of shareholders present approved the annual report and the use of the net profit and discharged the directors and executive management from their obligations. The shareholders also approved of the planned capital increase to finance the Somont takeover. 'We are pleased that the shareholders approved all the items on the agenda,' said CEO Dr. Patrick Hofer-Noser. 'With the resounding approval of the planned capital measures, our shareholders have confirmed their support for the expansion strategy. Now the way is open for the formal takeover of Somont and the further growth of the Group.' Rolf Wägli and Dr. Christian Witschi were confirmed as directors. Also elected to the Board of Directors were 3S Swiss Solar Systems Ltd CEO Dr. Patrick Hofer-Noser, Güdel Group AG owner Rudolf Güdel, and holder of the Chair of Production Technology and Machine Tools at the Swiss Federal Institute of Technology, Prof. Dr. Konrad Wegener. KPMG Ltd in Berne were re-elected as auditors for another year. 3S Swiss Solar Systems 3S Swiss Solar Systems encompasses the three key technologies in the areas of solar module production, strings, laminators and testers. Through the announced acquisition of Somont, the Group is continuing its expansion strategy and is adding the missing link in the value chain for solar module production in the field of string soldering machines. In the laminating area, 3S Swiss Solar Systems has been a technological world market leader for many years. Having taken over the leading manufacturer of module testers, Pasan, in August 2007, 3S Swiss Solar Systems acquired its first additional key technology. The three firms will be operating independently from one another, each focussing on one of the three key technologies. Moreover, 3S Swiss Solar Systems integrates this production equipment into turnkey semi-automated production lines; it is also a manufacturer of solar modules and plans and develops building-integrated solar systems. For further information please contact: Investor Relations Antje Greiner Telephone: +41 (0) 32 391 11 35 Fax: +41 (0) 32 391 11 12 E-mail: aktie@3-s.ch Disclaimer THIS PRESS RELEASE AND THE INFORMATION CONTAINED THEREIN MAY NOT BE TAKEN OR TRANSMITTED TO A COUNTRY OUTSIDE SWITZERLAND AND MAY NOT BE DISTRIBUTED OR TRANSFERRED OUTSIDE SWITZERLAND TO PERSONS (INCLUDING LEGAL ENTITIES) WHO/WHICH ARE NOT SWISS, NOR DISTRIBUTED OR TRANSFERRED TO PUBLICATIONS WITH GENERAL CIRCULATION OUTSIDE SWITZERLAND. EACH AND ANY INFRINGEMENT OF THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE LAWS REGARDING SECURITIES IN THE RELEVANT COUNTRIES. SHARES OF 3S SWISS SOLAR SYSTEMS LTD ARE NOT PUBLICLY OFFERED FOR PURCHASE OUTSIDE SWITZERLAND. THIS PRESS RELEASE DOES NOT INCLUDE, NOR DOES IT REPRESENT, AN OFFER TO PURCHASE SECURITIES OR A SUBSCRIPTION TO SECURITIES IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION IN WHICH AN OFFER OR INVITATION IN SUCH FORM WOULD NOT BE PERMISSIBLE, NOR TO A PERSON FOR WHOM AN OFFER OR INVITATION OF THAT KIND WOULD BE IMPERMISSIBLE. IN EEA MEMBER STATES WHICH HAVE ADOPTED THE DIRECTIVE 2003/71/eg (TOGETHER WITH IMPLEMENTATION MEASURES OF THE MEMBER STATES, 'THE PROSPECTUS DIRECTIVE'), THIS PRESS RELEASE IS DIRECTED EXCLUSIVELY TO QUALIFIED INVESTORS AS PER THE PROSPECTUS GUIDELINES IN THE RELEVANT MEMBER STATE. THIS PRESS RELEASE REPRESENTS NEITHER AN OFFER TO SELL NOR AN INVITATION TO BUY SECURITIES AND IS NOT AN ISSUE PROSPECTUS IN THE SENSE OF ARTICLES 652a AND 1156 OF THE SWISS CODE OF OBLIGATIONS OR A QUOTATION PROSPECTUS IN THE SENSE OF THE LISTING REGULATIONS OF THE BX BERNE EXCHANGE. DECISIONS TO PURCHASE OR SUBSCRIBE TO THE SHARES OF 3S SWISS SOLAR SYSTEMS LTD SHOULD BE MADE EXCLUSIVELY ON THE BASIS OF THE ISSUE AND LISTING PROSPECTUS PUBLISHED BY THE COMPANY FOR THAT PURPOSE. Contact: 3S Swiss Solar Systems 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 25.06.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: 3S Swiss Solar Systems AG Schachenweg 24 3250 Lyss Schweiz Phone: +41 (0)32 391 11 11 Fax: 41 (0)32 391 11 12 E-mail: aktie@3-s.ch Internet: www.3-s.ch ISIN: CH0022678822 WKN: A0F6EW Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Foreign Exchange(s) BX End of News DGAP News-Service ---------------------------------------------------------------------------
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