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DGAP-News: Manz AG successfully expands position in high-growth market segment with major order from OLED industry

ID: 1250692
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(businesspress24) - DGAP-News: Manz AG / Key word(s): Incoming Orders
Manz AG successfully expands position in high-growth market segment
with major order from OLED industry

01.08.2013 / 07:31

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Manz AG successfully expands position in high-growth market segment with
major order from OLED industry

- Manz wins first major order of EUR 9 million from Chinese OLED industry

- OLED display market expected to report rapid growth

- Significant potential for follow-up orders

Reutlingen, August 1, 2013 - Manz AG, one of the world's leading high-tech
engineering companies with its extensive technology portfolio for the three
strategic business units 'Display', 'Solar' and 'Battery', has received an
order with a total volume of more than EUR 9 million from a leading Chinese
manufacturer of OLED displays. This large order for wet-chemical processing
equipment for the production of OLED displays is also one of the first ones
made by China's upcoming OLED industry to date. The expansion and
outsourcing of production capacities from South Korea to China underscores
the growing significance of OLED technology and boosts this sector's future
growth. As the world market leader for wet-chemical processing systems -
one of the most important process steps in the production of displays and
touch panels - Manz enjoys an outstanding position to participate to an
above-average extent in the OLED display market's future growth.

Manz has managed within a short period of time to successfully transfer its
process know-how from its Display segment to the new OLED application area.
The machines' top quality as well as Manz AG's extraordinarily fast project
realisation proved persuasive to this newly acquired customer from China.
The engineering company based in Reutlingen, Germany, which has production


sites and around 900 staff in Asia, won out against numerous Asian
competitors. Following some small orders, the order that has now been
received from this segment offers the company considerable revenue
potential. Market-driver is in particular the rapidly growing demand on the
end-customer market for mobile devices with OLED displays, such as smart
phones and tablet computers. The major interest in this technology is
attributable to OLED displays' clear advantages compared with conventional
TFT-LCD displays in terms of weight, energy consumption, contrast and
reaction times. The challenge of the manufacturers still lies in further
reducing manufacturing costs. Manz can make a significant contribution in
this context with its innovative production systems and its many years of
experience from the area of producing TFT-LCD displays.

Dieter Manz, CEO and founder of Manz AG, commented as follows: 'After a
period during which Korean manufacturers have been the market leaders in
this area, we now anticipate significant investments to come from China and
Taiwan in the future. Given our market leadership in wet-chemical
processing equipment for touch panel displays, we are the globally leading
company for one of the most important process steps in the production of
touch-sensitive displays. We aim to, and will, consistently exploit the
opportunities arising from new investments by the sector and from our
excellent market positioning.'

Company profile:

Manz AG - passion for efficiency

Manz AG, headquartered in Reutlingen, Germany, is one of the world's
leading high-tech engineering firms. Founded in 1987, in recent years the
company has grown from an automation specialist into a supplier of
integrated production lines. Manz has expertise in six fields of
technology: automation, laser processes, vacuum coating, screen printing,
metrology, and wet-chemical processes. These technologies are used and
developed in three strategic business areas: Display, Solar, and Battery.

The company, led by founder Dieter Manz, has been listed on the stock
exchange in Germany since 2006, and currently develops and manufactures in
Germany, China, Taiwan, Slovakia, and Hungary. Manz also has sales and
service offices in the United States, South Korea, and India. At the
beginning of 2013, Manz AG had approximately 1,850 employees, half of them
in Asia. With its slogan, 'Passion for Efficiency', Manz's engineers are
making a promise to offer its customers - all companies active in important
future markets - increasingly efficient production equipment. As an
engineering firm, the company plays a significant role in reducing the cost
of manufacturing end products, making these products available to large
groups of buyers worldwide.

Investor Relations contact

cometis AG
Ulrich Wiehle / Claudius Krause
Phone: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-Mail: krause(at)cometis.de

Public Relations contact

Manz AG
Axel Bartmann
Phone: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann(at)manz.com


End of Corporate News

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01.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info(at)manz.com
Internet: http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart


End of News DGAP News-Service
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223701 01.08.2013



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Date: 08/01/2013 - 07:31
Language: English
News-ID 1250692
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