The Komax Group is announcing 15 redundancies at its Rotkreuz plant
as a result of the unsatisfactory order situation in its Solar
business unit's thin-film segment. By contrast, the crystalline
segment's order situation has improved in recent months.

The Komax Group is responding to the unsatisfactory order situation
in its Solar business unit's thin-film segment by modifying the
structures at its Rotkreuz plant. There will be around 15
redundancies and short-time working will be stepped up. Customers
remain reticent about investing in thin-film systems.

In contrast to the thin-film segment, the crystalline business, which
accounts for some 80 percent of Komax Solar's sales, has performed
well. Above all the company is benefitting from major orders from
Asia.


Background information on the Komax Group

As a machinery producer, Komax is global leader with a market share
of around 40 percent in crimp-to-crimp machines for the
wire-processing market. In addition to this, the Komax portfolio of
products and services ranges from wire cutting and stripping machines
all the way to systems for the fully automated manufacture of
complete wire harnesses.

In the photovoltaics field, Komax is a worldwide supplier of machines
for the production of crystalline and thin-film modules. Its aim is
to expand its global leadership in stringing to the other areas of
its product portfolio.

In the medical technology sector, Komax produces, for example,
machine systems for the manufacture of inhalers and insulin delivery
or injection systems. In this field, too, Komax is among the world's
leading suppliers.

The Komax Group operates production facilities in Switzerland,
France, the United States, Malaysia and China. Finally, Komax offers
professional service back-up in over 50 countries.




Contact:
Komax Holding AG                      Direct dial   +41 41 455 06 16
Dominik Slappnig                      Fax           +41 41 450 10 24
Head of Investor Relations &          dominik.slappnig@komaxgroup.com
Corporate Communications
www.komaxgroup.com



The media release can be downloaded from the following link:

hugin.info/100418/R/1354004/328108.pdf


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