DGAP-News: SINGULUS TECHNOLOGIES Extends Bond Buy-Back until June 30, 2014

DGAP-News: SINGULUS TECHNOLOGIES Extends Bond Buy-Back until June 30, 2014

SINGULUS TECHNOLOGIES Extends Bond Buy-Back until June 30, 2014

13.12.2013 / 08:40


Press release

SINGULUS TECHNOLOGIES Extends Bond Buy-Back until June 30, 2014

Kahl am Main, December 13, 2013 - With approval of the Supervisory Board, 
the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS) resolved the
renewed extension of the buy-back program again, which was initiated on
December 11, 2012 and originally expired on June 30, 2012, until June 30,
2014 for the bonds issued on March 23, 2012 (WKN: A1MASJ, ISIN:
DE000A1MASJ4). So far, the end of the buyback was determined to be December
31, 2013. The general conditions of the program remain unchanged by the
extension of this program.

Accordingly, the goal intended with the issue of the bonds of the financing
of growth still remains intact. For example, with the means from the
corporate bond SINGULUS has already financed larger projects in the solar
division and the development of production machines for the next generation
of Blu-ray Discs. An additional part of the funds was used for the set-up
of new business areas in the realm of vacuum coating technology through
research and development.

Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES
AG, comments: 'We used liquid funds for the new development of innovative
products. The goal is to build our company on a broader base and to address
new target markets.'

Up to date, in the course of the current buyback program a bond volume of
around EUR 2, 65 million was purchase.

SINGULUS TECHNOLOGIES develops innovative technologies for efficient
production processes, which only make use of resources conservatively. New
production technology combined with sustainable processes and the use of
novel materials can decouple the use of resources from economic growth in
the long-term. SINGULUS TECHNOLOGIES' innovative power and competitiveness
are strengthened by these new technologic developments.

With its Optical Disc segment SINGULUS TECHNOLOGIES is the market leader
for CD, DVD and Blu-ray Disc production equipment. As the only engineering
company worldwide SINGULUS TECHNOLOGIES today already provides the machine
technology for three-layer Blu-ray Discs with a storage volume of about 100

In the Solar division SINGULUS TECHNOLOGIES is a recognized supplier for
new machines concepts and production processes for crystalline and
thin-film solar cells, which increase the efficiency of solar cells and
reduce their production costs. SINGULUS TECHNOLOGIES establishes itself as
a development partner and machine supplier for technologies enabling a
sustainable energy provision on the basis of renewable energies.

In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities
on the vacuum coating of wafers with ultra thin layers for the production
of MRAM memory, thin-film write/read heads and other semiconductor

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, 
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 170 9202924
E-mail: bernhard.krause@singulus.de

End of Corporate News


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Language:    English                                               
Company:     SINGULUS TECHNOLOGIES AG                              
             Hanauer Landstrasse 103                               
             63796 Kahl am Main                                    
Phone:       +49 (0)1709202924                                     
Fax:         +49 (0)6188 440-110                                   
E-mail:      bernhard.krause@singulus.de                           
Internet:    www.singulus.de                                       
ISIN:        DE0007238909, DE000A1MASJ4                            
WKN:         723890, A1MASJ                                        
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
End of News    DGAP News-Service  
244610 13.12.2013                                                      
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