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SINGULUS TECHNOLOGIES Signs Two Precontracts for the Delivery of Production Machines for CIGS Thin-Film Modules - Seite 2

discussed the preliminary work for the optimization of the production
processes with the customer and once again implemented numerous
improvements. Our construction work was finalized and we will shortly begin
assembling the machines."

The financing of the project is expected shortly after the signing of the
legally-binding delivery contracts. These contracts are still subject to
the approval of the relevant boards of SINGULUS TECHNOLOGIES.

Background CIGS technology
In contrast to crystalline solar cells, for the CIGS technology large glass
panels are used as base material and coated with relatively thin alloys of
copper, indium, gallium and selenium or sulfur (CIGS). Compared with the
crystalline solar cells, the thin-film solar modules only slightly lose
their efficiency in case of low lighting conditions or very high
temperatures, i.e. the thin-film solar modules already generate power in
the early mornings and in the evenings and therefore offer cost benefits
for the generation of photovoltaic electricity. Loss of power during
clouding is also mitigated to a large extent. Moreover, due to their
optically more attractive surface, they can be set up on roofs and faces of
buildings as a means of design.

SINGULUS TECHNOLOGIES - Innovations for New Technologies

SINGULUS TECHNOLOGIES is an engineering company and develops and builds
machines for economic and resource-efficient production processes. The
range of use of the machines built by SINGULUS TECHNOLOGIES include vacuum
thin-film and plasma coating, wet-chemical cleaning and etching processes
as well as thermal processing technology.

For all machines, processes and applications SINGULUS TECHNOLOGIES utilizes
its know-how in the areas of automation and process technology in order to
provide additional, attractive work areas with innovative products next to
the existing application areas of Solar, Semiconductors and Optical Disc.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main, ISIN:
DE0007238909, WKN: 723890

Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924


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24.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.singulus.de
ISIN: DE0007238909, DE000A1MASJ4
WKN: 723890, A1MASJ
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


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466031 24.05.2016