DGAP-News: euromicron strengthens manufacturing division by

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Dec 20, 2013 at 10:15 AM

DGAP-News: euromicron strengthens manufacturing division by acquiring SIM GmbH and ATECS AG (CH)

DGAP-News: euromicron AG / Key word(s): Acquisition euromicron strengthens manufacturing division by acquiring SIM GmbH and ATECS AG (CH) 20.12.2013 / 16:07 --------------------------------------------------------------------- In accordance with its planning and long-term corporate strategy, euromicron is expanding its production expertise in the field of high-tech security and surveillance technologies Frankfurt/Main, December 20, 2013 - As envisaged as part of the Group's long-term strategy, euromicron AG is strengthening its manufacturing division by acquiring two companies that develop, produce and maintain security systems and technology, in particular all types of optoelectronic and microelectronic product. With SIM Secure Information Management GmbH in Rhineland-Palatinate and ATECS AG Advance-Technology-Solutions in Switzerland, euromicron is acquiring a majority stake (80% in each case) in two manufacturing businesses that are leaders when it comes to producing and offering professional video, audio, telecommunications and security technology solutions. SIM has operated successfully in the security technology market for more than 20 years. The two companies cooperate closely with industrial companies, national and international ministries and public authorities. Both companies have a high reputation and extensive experience in integrating complex technical systems and in project management. Backed by years of experience, they develop, tailored product and system solutions that meet all security requirements, such as laser-based video surveillance systems, automatic sign recognition, mobile mesh networks, tap-proof mobile communications and radiation-proof building infrastructures for mobile and fixed-line communication via fiber optics. The acquisition gives euromicron immediate opportunities to expand existing customer relationships in the sensitive field of national and international protection, security and defense technology. In addition, euromicron will extend its know-how base in the area of highly professional video and security technology for special applications and markets, with the possibility of technology transfer to 'applications with particularly high requirements'. It also gives euromicron synergy potentials and the possibility of expanding the existing product portfolio of its manufacturing companies in international markets. The companies generate sales in the lower double-digit million euro range. The purchase price is in the single-digit millions. The existing managing partners and company founders will continue to manage the group and remain co-shareholders with a 10% stake each. 'By acquiring SIM GmbH and ATECS AG (CH), two established companies that operate worldwide in more than 40 countries in the field of highly professional security and surveillance technologies, we will contribute further know-how of importance to market and technological development to the euromicron Group. We see the acquisition as an important component as part of our corporate strategy of expanding our high-margin manufacturing operations,' said Dr. Willibald SpÃ¤th, Chairman of the Executive Board. euromicron AG (www.euromicron.de) is an all-round solution provider for communications, transport, data and security networks. euromicron's network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies. euromicron builds leading applications, such as security, control, healthcare or surveillance systems, on the basis of these cutting-edge network infrastructures. Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration, internationalization and expansion. Contact: euromicron AG Investor & Public Relations Zum Laurenburger Hof 76 60594 Frankfurt/Main Germany Phone: 069-631583-0 Fax: 069-631583-17 E-mail: IR-PR@euromicron.de http://www.euromicron.de Securities identification number A1K030 ISIN DE000A1K0300 End of Corporate News --------------------------------------------------------------------- 20.12.2013 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 --------------------------------------------------------------------- Language: English Company: euromicron AG Zum Laurenburger Hof 76 60594 Frankfurt am Main Germany Phone: +49(0) 69 631583-0 Fax: +49(0) 69 631583-17 E-mail: info@euromicron.de Internet: www.euromicron.de ISIN: DE000A1K0300 WKN: A1K030 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 245984 20.12.2013

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