EANS-News: centrotherm photovoltaics appoints Dr. Frank Stubhan as new CEO of Thin Film Module division

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Company Information

Blaubeuren (euro adhoc) - August 11, 2010 - The Management Board of
centrotherm photovoltaics AG has appointed Dr. Frank Stubhan (45) as
the Chief Executive Officer (CEO) of centrotherm photovoltaics AG's
Thin Film Module division with effect as of September 1, 2010. This
step allows the technology and equipment provider to prepare itself
for the continued growth of the future-oriented thin film market.
Along with Dr. Stubhan, the management team of the Thin Film Module
division will also consist of Christian Frick as Chief Financial
Officer (CFO). To date, Mr. Frick has been active as Finance Director
at the Thin Film Module division. For the last three years, Dr.
Stubhan has held the position of managing director and Chief
Operations Officer (COO) at the centrotherm SiTec GmbH subsidiary,
which offers fully integrated production systems for the
manufacturing of silicon, ingots (silicon blocks) and wafers on a
one-stop shop basis. He organized the commissioning of three silicon
factories during this period. Dr. Stubhan had previously spent eight
years with various high-tech companies as managing director in the
technology area. Dr. Stubhan, who earned his doctorate from Ulm
University, also has five years' experience of China where he founded
a further two companies. He has already worked on several thin film
procedures during his career. "I would like to become involved in the
photovoltaic technology of the future," was how Dr. Stubhan, who was
born in Ehingen in Swabia, explains his career path switch. "With Dr.
Stubhan we have recruited a professional who is qualified to address
one of the most exciting topics of the coming years. Thin film
technology for solar modules offers enormous potential, and will be a
market of the future where we can position ourselves even more
strongly as pioneering thought leaders and pace setters within the
solar sector," as Robert M. Hartung, CEO of centrotherm photovoltaics
AG, commented.

About centrotherm photovoltaics AG centrotherm photovoltaics AG,
which is based at Blaubeuren, is one of the world's leading
technology and equipment providers for the photovoltaics sector. The
company equips well-known solar companies and new sector entrants
with turnkey production lines and single equipment to manufacture
silicon, crystalline solar cells and modules as well as thin film
modules. As a consequence, the Group possesses a broad and
well-founded technological basis, as well as key equipment at
practically all steps of the photovoltaics value- creation chain.
centrotherm photovoltaics guarantees its customers important
performance parameters such as production capacity, efficiencies, and
completion deadlines. The Group employs around 1,100 staff members,
and operates in Europe, Asia and the USA. In the 2009 financial year,
centrotherm photovoltaics achieved revenue of EUR 509.1 million, and
EBIT of EUR 37.2 million. The company is listed in the TecDax of the
Frankfurt Securities Exchange.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: centrotherm photovoltaics AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Contact:

Saskia Schultz-Ebert

Senior Manager Investor & Public Relations

Tel: +49 7344 918-8890

E-Mail: saskia.schultz-ebert@centrotherm.de

Dr. Torsten Knödler

Manager Public Relations

Tel: +49 7344 918-8898

E-Mail: torsten.knoedler@centrotherm.de

Christina Siebels, Britta Cirkel

HOSCHKE & CONSORTEN Public Relations GmbH

Tel: +49 40 3690 50-58 /-56,

E-Mail: c.siebels@hoschke.de; b.cirkel@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade