SINGULUS TECHNOLOGIES : Extends Buy-Back Program for Corporate Bond until June 30, 2015

Kahl am Main, December 09, 2014 - With approval of the Supervisory Board, today the Executive Board of the SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) resolved the renewed extension of the buy-back program, which was initiated at December 11, 2012, again until June 30, 2015 for the bonds issued on March 23, 2012 (WKN: A1MASJ, ISIN: DE000A1MASJ4). The total volume will be increased by up to € 7.0 million (nominal). The other conditions of the program remain unchanged. 

The term of the buy-back program was extended already a few times. The very last term was extended until December 31, 2014 per resolution as of June 23, 2014.

Dr.-Ing. Stefan Rinck, Chief Executive Officer of the SINGULUS TECHNOLOGIES AG, comments: "In light of the current situation of the company and the bond valuation, the Executive Board considers it expedient to extend the buyback program. We reserve the right to resell the acquired corporate bonds again."

Up to date, in the course of the current buyback program a bond volume of around € 4 million was purchase.

Profile SINGULUS TECHNOLOGIES:

SINGULUS TECHNOLOGIES focuses on solutions that are not only economical, but also sustainable and resource-efficient. Areas of application extend from nano- and vacuum-coating to wet chemical processing and thermal process technology. 

SINGULUS TECHNOLOGIES addresses new products and is working on new process solutions. 

For all processes and applications SINGULUS TECHNOLOGIES takes advantage of its know-how in the areas of automation and process technology in order to open attractive working areas with new innovative products apart from Solar, Semiconductor and Optical Disc.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890

Contact: 

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

E-Mail: bernhard.krause@singulus.de