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AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / AT&S continues to invest in its Leoben site - Seite 2

level of technology will enable us to offer our customers innovative solutions
for future product generations even more proactively and to take on a pioneering
role in the industry.

"In addition, this investment is a clear commitment to the location in Leoben
and will make a contribution to a competitive microelectronics industry in
Europe." This AT&S project conforms with the European Chip Act, which was
announced by Ursula von der Leyen, President of the European Commission, in mid-
September. The goal is to jointly create a European state-of-the-art chip
ecosystem in order to safeguard security of supply in Europe and to develop new
market for European breakthrough technologies.

The investment now announced will also go hand in hand with a significant
increase in the number of employees at AT&S. An additional 700 employees will be
required by 2025, including engineers in various disciplines, specialists and
university graduates for business and technical fields as well as qualified
skilled workers.

The Minister of Economic Affairs Margarete Schramböck underlines the importance
of the investment for the Austrian location: "We need a location that offers
Austrians economic security for the next generations. We achieve this by
investing in modern, digital key industries that offer jobs, enhance regions and
thus strengthen the location in the long term. AT&S is doing all of this with
the planned investment. As a federal government, we have succeeded in supporting
this investment financially with the help of the IPCEI Microelectronics and thus
investing in one of the most important future industries. "

"With this investment, AT&S underlines Styria's position as one of the leading
regions in innovation and research in Europe. The positive development of
microelectronics as one of our economic strengths is also inseparably linked
with the company. By now, 80 percent of the value added in Austria in this
sector is generated in the south of the country. The further expansion of AT&S
in Leoben is therefore an invaluable asset for Styria as a business location",
says Barbara Eibinger-Miedl, Minister for Economic Affairs of the Styrian
Provincial Government.



Further inquiry note:
Gerald Reischl, Director Communications & Public Relations
Tel: [phone]; Mobile: [phone]; [e-mail]

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
Fabriksgasse 13
8700 Leoben / Österreich
www.ats.net


end of announcement euro adhoc
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issuer: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
Fabriksgasse 13
A-8700 Leoben
phone: [phone]
FAX:
mail: [e-mail]
WWW: www.ats.net
ISIN: AT0000969985
indexes: ATX GP, ATX, WBI, VÖNIX
stockmarkets: Wien
language: English

Additional content: http://presseportal.de/pm/131976/5047297
OTS: AT & S Austria Technologie & Systemtechnik Aktiengesellschaf
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