PTA-News: Singulus Technologies Aktiengesellschaft: SINGULUS TECHNOLOGIES Receives Low Double-Digit Million Follow-Up Order for Medical Technology

Thursday, 22. April 2021 09:15

Business news for the stock market

Kahl am Main (pta014/22.04.2021/09:15) - Press Release

SINGULUS TECHNOLOGIES Receives Low Double-Digit Million Follow-Up Order for Medical Technology

Kahl am Main, April 22, 2021 - The SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) has received a follow-up order for the delivery of several processing machines from an internationally operating company in the medical sector. The machines of the MEDLINE type are intended for the extraction and coating of contact lenses. The order volume is in the low double-digit million Euro range. The prepayment for this order is expected to be received shortly.

Dr.-Ing. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES AG, comments: "We are very pleased that the customer again plans the expansion of its capacities with our machines. Our competence in the treatment of surfaces of such demanding products includes the cleaning as well as the coating and assists us in the further optimization of the machine technology". Dr. Rinck adds: "Our segment Life Science is developing favorably with the orders for Decorative Coating and now for Medical Technology. We will continue to pursue our plans of targeted diversification".

The processing machine "MEDLINE Clean" cleans contact lenses from residues and subsequently coats the lenses in the course of an additional processing step.

For medical technology, SINGULUS TECHNOLOGIES offers production machines for wet-chemical procedures and processes of the vacuum coating technology and has aligned its processes to the high demands of medical technology with respect to characteristics and functionality and thus to the quality of the products and the required production and treatment processes. SINGULUS TECHNOLOGIES is thus a globally reliable partner for customers from the health care sector.

SINGULUS TECHNOLOGIES – Technologies for a Sustainable World

Responsible and sustainable corporate governance is very important to SINGULUS TECHNOLOGIES. SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient and resource-saving production processes, which are used worldwide in the solar/hydrogen, semiconductor, medical technology, consumer goods and data storage sectors. SINGULUS TECHNOLOGIES regards sustainability as an opportunity to position itself with innovative products that follow this spirit.

In the focus are:

• environmental awareness

• efficient use of resources

• avoidance of unnecessary CO2 pollution

The company's core competencies include various processes of coating technology, surface treatment and wet-chemical and thermal production processes.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact:

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

Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224

Email: bernhard.krause@singulus.de (mailto:bernhard.krause@singulus.de)

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emitter: Singulus Technologies Aktiengesellschaft
address: Hanauer Landstraße 103, 63796 Kahl am Main
country: Germany
contact person: Bernhard Krause
phone: +49 170 9202924
e-mail: bernhard.krause@singulus.de
website: www.singulus.de

ISIN(s): DE000A1681X5 (share), DE000A2AA5H5 (bond)
stock exchanges: regulated market in Frankfurt, Berlin; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf, free market in Hannover; open market in Tradegate

[ source: http://www.pressetext.com/news/20210422014 ]

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