IR-Center Handelsblatt

Meyer Burger Technology AG

News Detail

Ad hoc news News vom 12.03.2015

Meyer Burger awarded contract by SunEdison for delivery of DW288 diamond wire saws. The order size is in the upper single-digit million Swiss Francs.

Press Release

Thun, 12 March 2015

Meyer Burger awarded contract by SunEdison for delivery of DW288 diamond wire saws. The order size is in the upper single-digit million Swiss Francs.

Meyer Burger has successfully concluded a contract with SunEdison, the world’s largest renewable energy development company, for the delivery and commissioning of DW288 water-based diamond wire saws for the manufacture of high performance mono-crystalline silicon solar wafers. The order amounts in the upper single-digit million Swiss Francs. Delivery of the equipment is scheduled to begin in the second quarter of 2015.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announces the successful signing of an important contract with leading solar energy company, SunEdison, for the delivery and commissioning of DW288 water-based diamond wire saws. After an extensive on-site equipment evaluation process, SunEdison selected Meyer Burger’s unique diamond wire cutting technology for the production of its high performance mono-crystalline silicon solar wafers. With its environmentally friendly water-based cutting technology, the DW288 enables the production of high-quality ultra-thin wafers at twice the cutting speed compared to the standard slurry wafering process. This significantly increases wafer output and maximizes equipment capacity.

“With their unique competencies in the development of high-tech equipment and their profound process insights, Meyer Burger is an ideal partner to SunEdison”, stated Dave Ranhoff, President Solar Materials at SunEdison.

SunEdison is relying on Meyer Burger’s diamond wire technology to help increase their wafering capacity to meet growing global demand for high performance, cost effective solar panels.

Michael Escher, CCO Meyer Burger, said: “This contract represents a further milestone in Meyer Burger’s endeavors to support the technology change within the industry. We are proud to work with SunEdison as a long-term partner sharing a common commitment to the development of the renewable energy market. This achievement underlines our commitment and dedication to providing advanced high-tech solutions to leading companies in high-growth industries”.

Delivery of the production equipment is scheduled to begin in the second quarter of 2015 with production at the customer’s site scheduled to begin in the second half of 2015.

Contact:

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

Ingrid Carstensen

Corporate Communications

Phone +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

About Meyer Burger Technology Ltd

www.meyerburger.com

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.

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