Meyer Burger awarded contracts totalling over CHF 25 million
(Tensid Regulatory Via Acquire Media NewsEdge) Press Release
Thun, 30 June 2014
MeyerBurger awarded contracts totalling over CHF 25 million
Leading photovoltaic manufacturers in Asia have concluded two important contracts with Meyer Burger for the supply of precision diamond wire cutting systems and innovative module equipment. A strategic contract for the delivery of industrial diamond wire-based cutting systems inspecialised non-PV technologies has also been concluded.
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it has successfully concluded three important contracts totalling over CHF 25 million with existing customers.
Two important contracts with existing Asian customers in the PV market
A follow-up contract for the delivery of water-based diamond wire saws for the production of solar wafers for high performance cells has been concluded with a leading solar wafer manufacturer who trusts Meyer Burger's high-quality, advanced diamond wire technology for top manufacturing yield and reduced production process costs.
The second contract is for the supply and provisioning of state-of-the-art module lamination technology to a module manufacturer who relies on Meyer Burger's advanced process control systems and patented hybrid heating plate technology to increase its production volume of top quality, innovative solar modules.
The overall annual production capacity of the two contracts is 700 MW with delivery of the systems scheduled throughout 2014.
Strategic contract fordiamond wire-based cutting systems
In specialised non-PV technologies a contract was also successfully concluded with Meyer Burger for the delivery of additional high precision industrial diamond wire-based slicing systems. The strategically important follow-up contract underscores the customer's confidence in Meyer Burger's top quality cutting technology and extensive process know-how.
For further information:
Head of Corporate Communications
Phone +41 (0)33 221 25 06
Phone +41 (0)33 221 28 34
AboutMeyer Burger Technology Ltd
Meyer Burger is a leading global technology Group specialising on innovative systems and processes based on semiconductor technologies. The Group's focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The Group currently employs more than 1,700 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.
The Group's offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.
The Group's comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The Group is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.
This press release may contain "forward-looking statements", such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
ProviderChannelContactTensid Ltd., Switzerland
www.newsbox.chProvider/Channel related enquiries
+41 41 763 00 50
(c) 2014 Tensid Ltd., Switzerland.
[ Back To Technology News's Homepage ]