euro adhoc: HTI - High Tech Industries AG / Mergers - Acquisitions - Takeovers / HTI ACQUIRES TECHNOPLAST

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Company Information/capital increase

16.04.2008

HTI ACQUIRES TECHNOPLAST

HTI AG expands its Mechanical Engineering segment by acquiring a
100%shareholding of the Technoplast Group, a global provider of
extrusion equipment.

St. Marien, Austria, April 16, 2008 - The publicly listed Austrian
industrial holding company HTI High Tech Industries AG announces the
acquisition of the Technoplast Group. The mechanical engineering
company Technoplast is headquartered in Micheldorf, Upper Austria,
its affiliated company Austrotool is based in Ottsdorf, Upper
Austria, and worldwide sales offices are located in the U.S.A.,
Russia, China and Turkey. Technoplast is considered to be a leading
specialist in the development, production and sale of extrusion
equipment. Due to its distinctive know-how in profile extrusion
technology, Technoplast has emerged as an internationally recognized
expert for manufacturing tooling systems, downstream lines and
turn-key plants designed to produce window profiles by means of
extrusion (plastic and wood extrusion). With a work force of
approximately 200 employees, Technoplast generated total sales of
about EUR 21 million in the first three quarters of the 2007/08
business year (as at the end of March 2008). The Technoplast Group
has invested in the European market in recent years in order to
expand its market position. For this reason, the company is in the
midst of a restructuring process. It has not yet fully succeeded in
achieving a turnaround, but this is realistically foreseeable.

The acquisition concluded by HTI AG enables the long-term
safeguarding of Technoplast´s future viability as a company. Within
the context of the transaction, HTI AG has placed 1,000,000 new
shares at an issue price of EUR 4.00 per share, excluding
subscription rights. HTI AG considers this acquisition to be an
optimal extension of its corporate portfolio. Technoplast and
Theysohn both manufacture complementary products and supply different
markets. Synergy effects and corresponding productivity increases
combined with a strengthening of its technological competence in the
field of mechanical engineering underlie the expected continuation of
the entire HTI Group´s profitable growth course. In addition, rising
demand on the Western European window market promises to increase
sales volume and simultaneously raise profitability. HTI AG is also
expanding the Technoplast management team by appointing Mr. Werner
Haidenthaler as Speaker of the Management Board of the Technoplast
Group, with responsibility for managing the company together with Mr.
Werner Kampichler and Mr. Sven Wolf.

More information is available on the company´s website at:
www.hti-ag.at.

end of announcement euro adhoc
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ots Originaltext: HTP High Tech Plastics AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

HTI High Tech Industries AG, Ms. Nadja Goyer, Investor Relations, Tel: +43 (0)
3862 304-8562, Fax: +43 (0) 3862 304-7598, n.goyer@hti-ag.at

Hochegger Financial Relations GmbH, Mr. Dieter Riedlinger, Senior Consultant,
Tel: +43 1 504 69 87, Fax: +43 1 504 69 87 60, d.riedlinger@hochegger.com

Branche: Holding companies
ISIN: AT0000764626
WKN: A0DQ9W
Index: WBI
Börsen: Wiener Börse AG / official market