11/19/2008 10:41:42
LPKF Laser & Electronics AG receives China Trader Award
Utl.: Outstanding commitment in one of the world’s most important economies = -------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Garbsen, 19 November 2008 - LPKF Laser & Electronics AG has been doing business in China for over 20 years, and now runs five successful offices with almost 60 employees in the country. By selling laser systems for stencil production, the company has slashed the market share of the old and complicated chemical etching method from 100% to less than 30%. And the installation of several hundred PCB prototyping systems has also made a considerable contribution to cutting environmental pollution by dispensing with the use of chemicals. This economic and environmentally sound commitment was honoured yesterday in the Metzlersaal of the Städel Art Gallery in Frankfurt/Germany by Tony Tyler, Chief Executive of Cathay Pacific Airways. 'The China Trader Award has now been awarded for the second time also in Germany, and we are very proud to have been nominated for the award by such a high ranking jury,' says Chairman of the Board of Managing Directors, Bernd Hackmann, accepting the trophy in Frankfurt. 'Our involvement in this expanding market not only opens up excellent opportunities for the whole LPKF Group, but also involves an important element of corporate social responsibility.' In addition to dispensing with the use of chemicals by replacing the old method with laser technology, the laser specialist from Garbsen/Germany is also a player in the worldwide expansion of the solar energy sector. The development of laser systems for the production of thin-film solar panels is the company´s most recent successful venture into another growth segment. Further inquiry note: Ulrike Thoms-von Meding LPKF Laser & Electronics AG Tel.: +49(0)5131 7095 326 u.thomsvonmeding@lpkf.de emitter: LPKF Laser & Electronics AG Osteriede 7 D-30827 Garbsen phone: +49(0)5131 7095 382 FAX: +49(0)5131 7095 90 mail: investorrelations@lpkf.de WWW: ¿U1http://www.lpkf.de¿U0 sector: Semiconductors & active components ISIN: DE0006450000 indexes: CDAX, Prime All Share, Technologie All Share stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade: Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf, Börse Hannover, Börse München language: English