technotrans AG / Alliance
28.07.2010 11:30
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Sassenberg, July 28, 2010
technotrans AG (Sassenberg), a systems supplier in the field of temperature
control focusing on applications in the printing industry, and Termotek AG
(Baden-Baden), a specialist supplier of laser cooling systems, have today
sealed a partnership agreement. In an initial step, the companies will
cooperate in the areas of development, purchasing, production and sales,
and pool their expertise. The aim is to realise synergies in these fields
by enabling Termotek for instance to use technotrans' worldwide sales and
service network, thus giving it quicker access to international customer
groups.
Termotek AG's products range from air-to-water heat exchangers for
low-power lasers, commonly used in the medical field, and air-to-water
compressor-based chillers for diode lasers in the medium performance range
(up to 200 watts) through to air-to-water compressor-based chillers for
high-power diode lasers. It also manufactures various versions of
non-compressor-based water-to-water chillers. The chillers are delivered
plug-and-play, are easy to maintain and are highly reliable. The company
also designs and builds special systems for customers wishing to integrate
the chiller directly into their laser system. The principal areas of
application are the semiconductor industry, medical devices, laser marking
systems and plastic welding. Termotek employs around 45 people, revenue of
almost EUR 5 million was posted in 2009 and is expected to reach EUR 7
million in 2010.
'This partnership gives us access to a highly promising growth market that
is positioned very close to technotrans' core skills. If our expectations
of the partnership are borne out, we will also consider taking our
relationship with Termotek to a higher level,' remarked Henry Brickenkamp,
spokesman of the Board of Management of technotrans AG. 'Alongside the many
other options that we are currently exploring for applying our technologies
in markets outside the printing industry, this marks an initial specific
step towards creating new opportunities for growth for technotrans, which
we can then secure longer-term.'
'Termotek has established a very strong position in the market for laser
cooling in recent years. The partnership with technotrans offers us
excellent prospects of now taking the company swiftly into a new dimension,
namely through international expansion,' declared Frank Domnick, Chairman
of the Board of Management and principal shareholder of Termotek AG. 'We
perceive considerable potential in the American and Asian markets, which we
will now set about tapping together.'
Contact: technotrans AG, Corporate Communications/Investor Relations,
Thessa Roderig, phone +49 2583 301 1887, e-mail
thessa.roderig@technotrans.de
28.07.2010 11:30 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Deutschland
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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DGAP-News: technotrans branches out into laser cooling through partnership agreement
| Source: EQS Group AG