PRESS RELEASE: systaic AG focuses project business on industry solutions with added value
19.01.2010
systaic AG / Strategic Company Decision
19.01.2010
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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* Future business focus to lie on large-scale integrated photovoltaic
plants
* Enerparc AG to become external project partner
Over the past business year systaic AG, Düsseldorf, has continued to expand
its expertise in the development and construction of greenhouses with
roof-integrated solar systems. The first projects for the agricultural
industry have already been implemented. 'In future the main interest of
investors will not lie in conventional photovoltaic open-space
installations. It will tend towards integrated solutions,' Michael Pack,
Chief Executive Officer of systaic AG, is convinced. 'In response to the
changed demand situation SYSTAIC has lost no time in shifting its emphasis
to solar-integrated industry solutions'.
systaic AG is thus implementing its strategy of concentrating on integral
solar systems in the industrial solutions sector as well. In the past
business year it has consistently developed the corresponding know-how. In
order to do justice to the growing importance, from the business year 2010
onwards the former business unit 'SYSTAIC Solar Power Plants' is to be
renamed 'SYSTAIC Industrial Solutions'.
Major projects will continue to be the main source of revenue of systaic AG
in the next few years. For this reason total revenue and operating profits
from this sphere of activity without minority interests are to remain to
the full extent in the group. In addition, the value chain was revised, as
the variabilisation of costs is one of the main factors of success in
project-oriented structures. For this reason the SYSTAIC Executive Board
has decided to convey its complete share in Enerparc AG, which has hitherto
functioned in the SYSTAIC Solar Power Plants sector, to the Enerparc
management. Future collaboration will be realised on the basis of a
co-operation agreement which will also cover current projects. Thus all
projects in the SYSTAIC Industrial Solutions sector will be handled by
systaic AG or its foreign subsidiaries.
About systaic AG
systaic AG specialises in efficient and aesthetic solar solutions. Its core
product is the pioneering SYSTAIC ENERGY ROOF for buildings which generates
electricity and heat from solar energy. The SYSTAIC Automotive business
area is worldwide the only series manufacturer of solar solutions for the
roofs of different makes of car. The development and installation of
integrated industry solutions is a further focal point in its portfolio.
systaic AG was founded in November 2004. It has been listed on the
Frankfurt Stock Exchange since March 2007 and in the Prime Standard segment
since September 2008. Currently the company has over 200 employees.
Contact:
systaic AG
Achim Zolke
Head of Corporate Communications
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
a.zolke@systaic.com
www.systaic.com
19.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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systaic AG / Strategic Company Decision
19.01.2010
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
* Future business focus to lie on large-scale integrated photovoltaic
plants
* Enerparc AG to become external project partner
Over the past business year systaic AG, Düsseldorf, has continued to expand
its expertise in the development and construction of greenhouses with
roof-integrated solar systems. The first projects for the agricultural
industry have already been implemented. 'In future the main interest of
investors will not lie in conventional photovoltaic open-space
installations. It will tend towards integrated solutions,' Michael Pack,
Chief Executive Officer of systaic AG, is convinced. 'In response to the
changed demand situation SYSTAIC has lost no time in shifting its emphasis
to solar-integrated industry solutions'.
systaic AG is thus implementing its strategy of concentrating on integral
solar systems in the industrial solutions sector as well. In the past
business year it has consistently developed the corresponding know-how. In
order to do justice to the growing importance, from the business year 2010
onwards the former business unit 'SYSTAIC Solar Power Plants' is to be
renamed 'SYSTAIC Industrial Solutions'.
Major projects will continue to be the main source of revenue of systaic AG
in the next few years. For this reason total revenue and operating profits
from this sphere of activity without minority interests are to remain to
the full extent in the group. In addition, the value chain was revised, as
the variabilisation of costs is one of the main factors of success in
project-oriented structures. For this reason the SYSTAIC Executive Board
has decided to convey its complete share in Enerparc AG, which has hitherto
functioned in the SYSTAIC Solar Power Plants sector, to the Enerparc
management. Future collaboration will be realised on the basis of a
co-operation agreement which will also cover current projects. Thus all
projects in the SYSTAIC Industrial Solutions sector will be handled by
systaic AG or its foreign subsidiaries.
About systaic AG
systaic AG specialises in efficient and aesthetic solar solutions. Its core
product is the pioneering SYSTAIC ENERGY ROOF for buildings which generates
electricity and heat from solar energy. The SYSTAIC Automotive business
area is worldwide the only series manufacturer of solar solutions for the
roofs of different makes of car. The development and installation of
integrated industry solutions is a further focal point in its portfolio.
systaic AG was founded in November 2004. It has been listed on the
Frankfurt Stock Exchange since March 2007 and in the Prime Standard segment
since September 2008. Currently the company has over 200 employees.
Contact:
systaic AG
Achim Zolke
Head of Corporate Communications
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
a.zolke@systaic.com
www.systaic.com
19.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
=--------------------------------------------------------------------------
Language: English
Company: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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