DGAP-News

Manz AG: First serial order within the scope of the Speedfactory project by adidas

DGAP-News: Manz AG / Key word(s): Alliance/Incoming Orders
Manz AG: First serial order within the scope of the Speedfactory project by
adidas

07.07.2016 / 07:31
The issuer is solely responsible for the content of this announcement.

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Manz AG: First serial order within the scope of the Speedfactory project by
adidas

- Manz supplies production lines for series production in the world's
first Speedfactory by adidas in Ansbach

- As the project progresses, further orders are expected over the coming
years

Reutlingen, 7 July 2016 - Manz AG, a globally-active high-tech mechanical
engineering company with a comprehensive technology portfolio for the three
strategic business units "Electronics", "Solar" and "Energy Storage", has
received its first large-scale order within the scope of its cooperation
with adidas, which was agreed upon at the end of 2015. The order will
generate revenues and profit in this fiscal year. At the moment, Oechsler
AG, Ansbach, as future operator of the Speedfactory, is currently testing
new production processes for high-quality running shoes within the scope of
a pilot project across an area of approximately 300 square metres. The
machines are to produce approximately 500 pairs of shows as prototypes this
year. In the following year, the series production should then commence in
the first Speedfactory on a production area of approximately 4,600 square
metres, starting with a total of already 500,000 pairs of shoes produced in
Germany. A second Speedfactory is planned for 2017 in the USA; other
countries worldwide are gradually to follow until 2020.

The order received is the result of the successful transfer of a newly-
developed technology from the business unit New Business into series
production. Manz AG has already worked together with the leading company in
the sports goods branch for five years on the development of this
innovative, automated production technology for sports goods, which has now
reached the maturity phase of series production. Using a flexible
procedure, individual customer designs for shoe components can be fully
automatically transferred into production data and produced locally. In
this way, adidas wishes to produce shoes as individually, as conservative
on resources and therefore as economically as possible in the future.

Dieter Manz, CEO and founder of Manz AG, says: "The Oechsler order
represents the next step in the Speedfactory project by adidas, with the
long-term objective of worldwide series production. The production within