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First Sensor AG: First Sensor Receives Follow-Up Appointment from Volkswagen AG

DGAP-News: First Sensor AG / Key word(s): Incoming Orders
First Sensor AG: First Sensor Receives Follow-Up Appointment from Volkswagen
AG

06.12.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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- Renewed supply agreement for pressure sensors for braking systems

- Anticipated sales volume of around EUR8 million per year

- Contract to run until 2021


First Sensor AG, a developer and manufacturer of customer-specific
solutions on the growth market of sensor technology, has again been
appointed by Volkswagen AG to supply pressure sensors for the control of
braking systems. The agreement covers the period up to 2021 and has an
anticipated sales volume of around EUR8 million per year. The sensors will
be installed in nearly all gasoline-engined models of Volkswagen Group
brands around the world: VW, Audi, Skoda, Seat, Porsche and Bentley.

First Sensor has already been supplying the sensors since 2011. Volkswagen
invited tenders for the contract again in 2016, as scheduled. The repeat
order thus follows directly on from the pre-existing supply agreement.
Pressure sensors in braking systems are important because they recognize
when a vacuum in the brake booster is insufficient and the vehicle's
automatic start-stop system must therefore be deactivated.

Wilhelm Prinz von Hessen, Vice President of First Sensor AG's Mobility
business unit, believes the contract was won thanks to the attractive price
structure and the high reliability of the sensors delivered previously, and
thus the company's reputation. "We can now look back on lengthy and
trusting cooperation with Volkswagen Group," says Prinz von Hessen. "The
stable, reliable performance of our sensors has made a crucial contribution
to this."

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces
customer-specific solutions for the ever-increasing number of applications
in the industrial, medical, and mobility target markets. Based on tried-
and-tested technology platforms, we develop products from chips to complex
sensor systems. Trends such as Industry 4.0, autonomous driving, and the
miniaturization of medical technology will drive our growth extremely
rapidly in the future. First Sensor was established 25 years ago in Berlin
and has been listed on the Frankfurt Stock Exchange since 1999 [Prime
Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. More information:
http://www.first-sensor.com/en/

Disclaimer
Statements in this Corporate News relating to future developments are based
on a prudent estimate of future events. Actual events may deviate from
planned events, as they depend on a large number of market and economic
factors, some of which are outside of the company's control.

First Sensor AG Contact:
Peter-Behrens-Str. 15 Corinna Krause
12459 Berlin E-mail: [e-mail]
Germany T [phone]


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06.12.2016 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.

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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange


End of News DGAP News Service
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526989 06.12.2016