Meyer Burger wins next important PV order: selected by Lerri Solar Technology to supply MB PERC upgrade cell solution and innovative PV measurement technology. The order volume is around CHF 16.5 Million.

Lerri Solar Technology Co. Ltd., a leading manufacturer of high-efficiency mono crystalline cells and modules, is expanding along the PV value chain into high performance cell technology. The industrially proven MAiA 2.1 equipment platform with the mass production scalable MB PERC technology as well as the latest wafer and module measurement technologies and additional upgrade technologies from Meyer Burger have been chosen by Lerri for an initial production expansion phase.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful signing of a strategically important technology contract with Lerri Solar Technology Co. Ltd. Meyer Burger will support Lerri in its goal to expand its focus from high quality mono crystalline solar wafers to become a leading producer of high performance mono crystalline solar modules and achieve significantly increased production within the next five years. In this initial step, Meyer Burger will supply industrially proven MAiA 2.1 equipment with MB PERC technology as well as innovative wafer and module measurement technologies and additional upgrade technologies. The total order volume is around CHF 16.5 million.

With its experience, technological capability and focus, Lerri plans to reduce the cost for mono crystalline wafers and modules to the multi crystalline level and make a major contribution to further reducing the cost of solar energy. Meyer Burger CEO Peter Pauli stated that: "The strategies of both Meyer Burger and Lerri are very complementary to one another which will contribute to a visible change in the market and further increase the share of mono crystalline in photovoltaics."

"Meyer Burger's focus on mono crystalline high performance and upgrade technologies ideally positions the company as our long term partner with whom we can fully realise our growth and development plans", commented Mr. Zhong, Head of Lerri Solar Technology Co. Ltd.

Contacts:

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 around 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, Malaysia, 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).

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