Manz AG

  • WKN: A0JQ5U
  • ISIN: DE000A0JQ5U3
  • Land: Deutschland

Nachricht vom 08.01.2014 | 08:03

Manz AG: Industrial partnership with AIXTRON highlights growth opportunities in OLED area


Manz AG / Key word(s): Incoming Orders

08.01.2014 / 08:03


Manz AG: Industrial partnership with AIXTRON highlights growth opportunities in OLED area

- Manz delivers EUR 4 million of system components for OLED demonstration plant as part of strategic cooperation with AIXTRON SE

- Global growth market for OLED offers considerable potential for Manz

Reutlingen, January 8, 2013 - Manz AG, one of the world's leading high-tech engineering companies with its extensive technology portfolio for the three strategic business areas of 'Display', 'Solar' and 'Battery', will supply system components worth around EUR 4 million for a demonstration plant in the OLED area. As part of a strategic cooperation venture with AIXTRON SE - one of the foremost providers of deposition equipment to the semiconductor industry - Manz AG will contribute the extensive know-how that it has accumulated over many years in the cleaning and handling of large-format glass substrates, as well as in the development and production of large vacuum systems.

Dieter Manz, CEO and founder of Manz AG, commented as follows: 'OLED technology's share of the display market is set to experience very fast growth. We regard smart phones, and increasingly also large-format screens, as the driving factors.' Greater cutting of manufacturing costs will also further promote OLED technology's growing market penetration. Manz identifies excellent future opportunities for the company as a result of this trend: 'We can help the OLED industry to realise commercially-viable mass production through introducing innovative and efficient production processes while utilising large-format substrates - this offers us, as high-tech engineers, opportunities for follow-up orders, which we aim to exploit consistently.'

This strategic partnership between the two German engineering companies Manz and AIXTRON is aimed at the further development of solutions for OLED technology. As part of their cooperation, the two companies will develop a new demonstration plant to efficiently separate out organic layers up to the Gen8 substrate size (2,300 x 2,500 mm2) based on AIXTRON's patented OVPD(R) (Organic Vapour Phase Deposition) process technology. This production line allows the demonstration of the advantages of this technology in the cost-effective production of organic lighting diodes for displays and lighting applications in an industrially-relevant size.

By actively tapping high-growth future markets, Manz AG is continuously driving the sustainable diversification of its business model in order to further boost its competitiveness. Dieter Manz continued: 'We will achieve record revenue presumably of between EUR 260 million and EUR 270 million in 2013. Not least due to our commitment to the OLED area, we are further expanding our experience and market position in our future markets. For this reason, our company enjoys enormous growth potential over the coming years.'

Company profile:

Manz AG - passion for efficiency

Manz AG, headquartered in Reutlingen, Germany, is one of the world's leading high-tech engineering firms. Founded in 1987, in recent years the company has grown from an automation specialist into a supplier of integrated production lines. Manz has expertise in six fields of technology: automation, laser processes, vacuum coating, screen printing, metrology, and wet-chemical processes. These technologies are used and developed in three strategic business areas: Display, Solar, and Battery.

The company, led by founder Dieter Manz, has been listed on the stock exchange in Germany since 2006, and currently develops and manufactures in Germany, China, Taiwan, Slovakia, and Hungary. Manz also has sales and service offices in the United States, South Korea, and India. At the beginning of 2014, Manz AG had approximately 1,850 employees, half of them in Asia. With its slogan, 'Passion for Efficiency', Manz's engineers are making a promise to offer its customers - all companies active in important future markets - increasingly efficient production equipment. As an engineering firm, the company plays a significant role in reducing the cost of manufacturing end products, making these products available to large groups of buyers worldwide.

About AIXTRON

AIXTRON SE is a leading provider of deposition equipment to the semiconductor industry. The company was founded in 1983, is headquartered in Herzogenrath (Aachen city region, Germany), and operates branches and representative offices in Asia, the USA and Europe. A broad worldwide customer base utilises the company's products to produce high-performance construction elements for electronic and opto-electronic applications based on connecting, silicon or organic semiconductor materials. These construction elements are deployed in many innovative applications, technologies and industries, including LED and display technology, data storage and transmission, energy management and conversion, communications, signal and lighting technology, and in many other high-end and high-tech applications.

Universal Display Corporation (UDC), Ewing, N.J. /USA, has exclusively licensed OVPD(R) technology to AIXTRON to construct plants. This technology is based on an invention by Professor Stephen R. Forrest and others at Princeton University, USA, which was in turn licensed exclusively to UDC. AIXTRON and UDC have jointly developed and qualified OVPD pre-production equipment.

Investor Relations contact

cometis AG
Ulrich Wiehle / Claudius Krause
Phone: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-Mail: krause@cometis.de

Public Relations contact

Manz AG
Axel Bartmann
Phone: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann@manz.com



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