DGAP-News

Manz AG: Managing Board strengthened by Chief Restructuring Officer (CRO)

DGAP-News: Manz AG / Key word(s): Change of Personnel
Manz AG: Managing Board strengthened by Chief Restructuring Officer (CRO)

22.09.2016 / 07:33
The issuer is solely responsible for the content of this announcement.

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Manz AG: Managing Board strengthened by Chief Restructuring Officer (CRO)

- Restructuring expert Eckhard Hörner-Marass appointed as CRO in the
Managing Board

- Efficient business processes and a more robust business model as basis
for future earnings-oriented corporate growth

Reutlingen, September 22, 2016 - Manz AG, a globally active high-tech
equipment manufacturer with an extensive technology portfolio covering the
three strategic business segments of "Electronics," "Solar" and "Energy
Storage," is expanding its Managing Board with a Chief Restructuring
Officer with effect of October 1st, 2016. The position will be staffed by
Eckhard Hörner-Marass (56).

As CRO, Mr. Hörner-Marass will be responsible for the operational
implementation and establishment of the restructuring measures within the
group, which were initiated at the end of 2015. The aim of the "Manz 2.0"
program is to improve corporate strategy, structures and processes, with
which the group will be able to grow profitably again in future, on the
basis of a more robust business model. Dipl.-Ing. (FH) Eckhard Hörner-
Marass studied mechanical engineering, and has many years of leadership and
management experience thanks to various roles in renowned companies in the
machinery and plant engineering sector.

Mr. Hörner-Marass is a certified restructuring/reorganization advisor, who
attended SRH Hochschule Heidelberg. He will significantly relieve the other
members of the Managing Board of their duties in the internal and external
measures of the restructuring program "Manz 2.0", and drive forward further
the business development with his strategic expertise in the international
mechanical engineering segment.

Dieter Manz, CEO of Manz AG: "With the appointment of Eckhard Hörner-
Marass, we strengthen the Manz AG Managing Board and gain additional
expertise for our restructuring process. We are delighted that he is
joining Manz AG, and we are looking forward with great confident to a
successful collaboration, for both the company and its stakeholders."

Company profile:

Manz AG - passion for efficiency

As a globally active high-tech equipment manufacturer, Manz AG, based in
Reutlingen, Germany, is a pioneer for innovative products in fast-growing
markets. Founded in 1987, the company has expertise in seven technology
sectors: Automation, laser processing, vacuum coating, screen printing,
metrology, wet chemical and roll-to-roll processing. Manz deploys and
continuously develops these technologies in three strategic business
segments: Electronics, Solar and Energy Storage.

The company is led by founder Dieter Manz and has been listed on the stock
exchange in Germany since 2006. It currently develops and produces in
Germany, China, Taiwan, Slovakia, Hungary and Italy. It also has sales and
service branches in the United States and India. Manz's claim "passion for
efficiency" offers the promise of production systems of the highest
efficiency and innovation to its customers in dynamic, future-oriented
segments. With its comprehensive expertise in developing new production
technologies and related machines, the company contributes substantially to
reducing production costs for end products, making them accessible to large
groups of buyers the world over.

Investor Relations Contact

cometis AG
Ulrich Wiehle / Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-mail: [e-mail]

Manz AG
Axel Bartmann
Tel.: [phone]
Fax: [phone] - 9000-99
E-mail: [e-mail]


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22.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange


End of News DGAP News Service
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504327 22.09.2016