euro adhoc: Winterthur Technologie AG / Strategic management decisions / Winterthur Technology Group reports good development

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21.11.2007

The Winterthur Technology Group (WTG) has extended the service
agreement of its CEO, Dr. Edgar Rappold. The order backlog has
increased by 46% compared to yearend 2006. The group continues its
expansion into CEE and Asian markets.

Zug, November 21, 2007

The Board of Directors of Winterthur Technology Ltd. has decided on
19/11/2007 to extend the service agreement of its CEO, Dr. Edgar
Rappold, which otherwise would have expired at the end of 2007.
Conditions are unchanged. The order backlog as at 30/09/2007 shows an
increase of 46 percent compared to yearend 2006. This is based on
organic growth only and free of any consolidation effect with the
Wendt Group. The integration of this acquisition is according to
plan. First positive results will be seen in 2008 sales. The new
production unit in China will start manufacturing in the first
quarter of 2008.

The strong order intake of the group will safeguard the guidance as
to the financial year 2007. The optimism for 2008 is supported by
newly founded sales subsidiaries in Thailand, Korea as well as
Romania and Bulgaria.

Profile Winterthur Technology Group (WTG), a leading international
provider of complex abrasive technology, is headquartered in Zug and
manufactures in Switzerland, Germany, Austria, Sweden, Belgium, the
USA and Russia. It holds a 40-percent stake in the publicly listed
Wendt (India) Ltd. WTG is a holding company under Swiss law which is
listed on the SWX Swiss Exchange. It has 1500 employees and in 2006
would have achieved sales of approximately EUR 202 million including
the Wendt Group acquired 26/6/2007. Working closely with clients, the
company develops and produces complex high-margin, high-tech abrasive
technology consumables, primarily bonded abrasive wheels used in the
automotive, turbine, tool and steel industry. The Group´s main brands
are Winterthur, Wendt, Rappold and SlipNaxos. WTG´s products -
vitrified grinding wheels, resin bonded grinding wheels, cut-off
wheels, diamond and CBN grinding and dressing tools and tool grinding
machines - are sold in all the relevant European markets, as well as
in North and South America and Asia.

Disclaimer This press release does not constitute an offer or
invitation to subscribe for or purchase any securities. This press
release does not constitute a prospectus within the meaning of
Article 652a of the Swiss Code of Obligations or within the meaning
of the listing rules of SWX Swiss Exchange. It is not being issued in
countries where the public dissemination of the information contained
herein may be restricted or prohibited by law. In particular, this
press release is not being issued in the United States of America and
should not be distributed to United States persons or to publications
with a general circulation in the United States. Any non-compliance
with such restrictions may result in an infringement of United States
securities laws. Securities of Winterthur Technologie AG, Zug, have
not been registered under the United States securities laws and may
not be offered, sold or delivered within the United States or to U.S.
persons absent registration under or an applicable exemption from the
registration requirements of the United States securities laws.

This press release contains forward-looking statements based on the
currently held beliefs and assumptions of the management of
Winterthur Technologie AG, Zug. Actual results may differ materially
from such forward-looking statements which will not be updated.

end of announcement euro adhoc 21.11.2007 17:35:00
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ots Originaltext: Winterthur Technologie AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Dr. Edgar Rappold, delegate and CEO
Markus Brütsch, CFO

Phone: +41 52 234 41 41
E-mail: ir@winterthurtechnology.com
Fax: +41 52 234 41 06
www.winterthurtechnology.com

Branche: Technology
ISIN: CH0021892606
WKN: 2189260
Börsen: SWX Swiss Exchange / official market