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SMT Scharf presents new transport system at CHINA COAL & MINING EXPO 2007

Geschrieben am 06-11-2007


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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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technology/companies

Hamm (euro adhoc) - November 6, 2007 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986) will present its
latest solution for demanding underground mining transportation tasks
- a rail-bound rack-and-pinion railway - at the mining technology and
equipment trade fair CHINA COAL & MINING EXPO 2007, together with its
tried-and-trusted diesel cats. This rack-and-pinion railway is geared
to deal with difficult mining situations and can cope with great
loads and steep inclines.

This new railway's most striking feature is its versatility: It can
be used as a rail-bound rack-and-pinion railway both on separate
tracks and also as a climbing aid for normal mining trains equipped
with flange wheels. The transport system can also be easily converted
into a suspended monorail. The engine unit can then be hung onto a
rail and used for freight or passenger transport on other routes. The
railway is thus particularly interesting for use in hard coal mines
where very heavy items of equipment have to be transported on a
regular basis.

"We are very pleased to be able to present this highly future-proof
railway to an international audience right in time for the exhibition
in China," commented Dr. Friedrich Trautwein, SMT Scharf AG's CEO.
"Russia and China are two key high-growth markets for us. We are
already the clear market leader on these markets, and we plan to
further expand this position in the coming years." Trautwein added:
"Our new products and the newly formed branch in China will allow us
to realize further components of our expansion strategy. This is also
proved by the recent letter of intent for the sale of another diesel
cat with a train formation."

CHINA COAL & MINING EXPO 2007 from November 6 to 9 is regarded as
being the most important trade fair for mining technology and
equipment in the People´s Republic of China. It is held every two
years at the National Agricultural Exhibition Center in Beijing. In
2005, 321 exhibitors from 18 countries and around 16,000 visitors
participated in the exhibition.

Company profile

The SMT Scharf Group develops, builds and maintains rail-bound
railway systems for mining and use in tunnels. The trains are used
all over the world, primarily in hard coal mines, gold mines and in
underground mining for platinum, diamonds, copper and nickel. They
are used to transport material and personnel with working loads of up
to 35t. Rail-bound trains are the only means of transport that can be
used underground on branching lines to cope with inclines of more
than 13 degrees. The SMT Scharf Group has subsidiaries in Germany,
Poland, South Africa and China, external employees in Russia, and
agencies around the world. The railways developed by SMT Scharf are
characterized, above all, by high-performance engines, high working
loads, high speed and low operating and maintenance costs. SMT Scharf
records more than 50% of its revenues abroad, in 2006 64% of order
intake was from high-growth foreign markets such as Russia, China and
South Africa. The replacement parts and repairs business constitutes
around 55% of revenues. The advances in exploitation of resources
make underground conditions increasingly difficult which in turn
requires more high technology transport solutions in mining. The
total market for underground transport technology comprises around
EUR 5 billion to EUR 7 billion per year according to company
estimates. SMT Scharf AG has been listed in the Prime Standard
(regulated market) of the Frankfurt Stock Exchange since April 11,
2007.


end of announcement euro adhoc 06.11.2007 08:00:24
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Investor relations
cometis AG
Henryk Deter
Tel.: +49(0)611 - 205855-13
Fax: +49(0)611 - 205855-66
e-mail: deter@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse München / free trade


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