DGAP-Adhoc: systaic AG to buy business operations of SOLARWATT Cells GmbH

08.10.2009
systaic AG / Acquisition 08.10.2009 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- systaic AG to buy business operations of SOLARWATT Cells GmbH systaic AG, Düsseldorf, is acquiring the business operations of Heilbronn-based solar cell manufacturer SOLARWATT Cells GmbH. The company has a production capacity of 25 megawatts and employs a workforce of 54. SOLARWATT Cells GmbH is a wholly-owned subsidiary of SOLARWATT AG in Dresden. With this acquisition SYSTAIC is securing itself a substantial cost-reduction potential in the Automotive and Energy Roof Systems sectors, together with reliability of supply and delivery of high-quality German-made solar cells. According to the calculations of systaic AG the purchase price - in the medium single-digit range of million euros - for cell production will be amortised within little over a year. With the acquisition of the plant SYSTAIC is anticipating annual savings of several million euros in its own production. Contact: systaic AG Investor Relations Kasernenstraße 27 40213 Düsseldorf Germany Phone: 0049-211-828559-0 Fax: 0049-211-828559-258 ir@systaic.com www.systaic.com 08.10.2009 Financial News transmitted by DGAP =-------------------------------------------------------------------------- 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 =--------------------------------------------------------------------------

systaic AG / Acquisition 08.10.2009 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- systaic AG to buy business operations of SOLARWATT Cells GmbH systaic AG, Düsseldorf, is acquiring the business operations of Heilbronn-based solar cell manufacturer SOLARWATT Cells GmbH. The company has a production capacity of 25 megawatts and employs a workforce of 54. SOLARWATT Cells GmbH is a wholly-owned subsidiary of SOLARWATT AG in Dresden. With this acquisition SYSTAIC is securing itself a substantial cost-reduction potential in the Automotive and Energy Roof Systems sectors, together with reliability of supply and delivery of high-quality German-made solar cells. According to the calculations of systaic AG the purchase price - in the medium single-digit range of million euros - for cell production will be amortised within little over a year. With the acquisition of the plant SYSTAIC is anticipating annual savings of several million euros in its own production. Contact: systaic AG Investor Relations Kasernenstraße 27 40213 Düsseldorf Germany Phone: 0049-211-828559-0 Fax: 0049-211-828559-258 ir@systaic.com www.systaic.com 08.10.2009 Financial News transmitted by DGAP =-------------------------------------------------------------------------- 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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