EANS-News: SINGULUS TECHNOLOGIES and M-Cells, China, Sign Agreement and Expand Technologic Cooperation for the Production of Efficient Crystalline Silicon Cells

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Marketing/Cooperation

Kahl am Main (euro adhoc) - Press Release

SINGULUS TECHNOLOGIES and M-Cells, China, Sign Agreement and Expand
Technologic Cooperation for the Production of Efficient Crystalline
Silicon Cells

Kahl am Main, March 25, 2013 - SINGULUS TECHNOLOGIES (SINGULUS),
supplier of modern equipment and process technology for silicon and
thin-film solar cells signed a "Letter of Intent" with M-Cells, a
globally leading solar cell producer in China, on March 12, 2013.ith
M-Cells, a llor silicon and thin-film solar cells signed a letter of
the Mastering division in the Optical

SINGULUS and M-Cells agreed in this LOI to expand the technologic
cooperation for the mass production of crystalline silicon cells. The
Chief Executive Officer of SINGULUS TECHNOLOGIES AG, Dr.-Ing. Stefan
Rinck, and the Managing Director of M-Cells, Mr. Jian Li, affirmed
the intention of both companies to cooperate in the area of solar
production.

The declared goal of the cooperation is the use of SINGULUS'
photovoltaic production machines of the next generation for the
passivation of cell rear sides with aluminum oxide including the
solution for wet-chemical processes in M-Cells' factory in China in
order to improve the current cell efficiency offered by M-Cells by up
to 1 %. The competitiveness of M-Cells in the solar industry will be
improved considerably through the use of this equipment technology.

"The demand for solar cells with significantly higher efficiency
grows and we are pleased to be able to combine the latest and
up-to-date technology from Germany with the expertise of M-Cells
towards a mutual success", comments Dr.- Ing. Stefan Rink. Mr Jian
Li, CEO of M-Cells, welcomes the cooperation with SINGULUS, "M-Cells
today already has a good basis in the segment of multi cell
efficiency with up to 18 %, and I firmly believe that - together with
SINGULUS - there will be easily made progress and that M-Cells will
have a leading role in the world.

Background PERC: The trend in the solar industry towards ever thinner
wafers for crystalline solar cells with higher levels of efficiency
at the same time requires an improved surface passivation of the cell
rear side. For the market of crystalline solar cells, the
introduction of the new PERC cells is expected in the next years. In
2012, SINGULUS TECHNOLOGIES cooperated with the Institute for Solar
Energy Research Hameln (ISFH) for the further development of the cell
technology. In this cooperation it was possible to enhance the
efficiency of screen printing silicon solar cells from the customary
range of 17.0 % to 18.5 % in the PV industry to a record level of
20.1 %.

Profile SINGULUS TECHNOLOGIES: SINGULUS TECHNOLOGIES develops
innovative technologies for efficient production processes, which
only make use of resources conservatively. New production technology
combined with sustainable processes and the use of new materials can
decouple the use of resources from economic growth in the long-term.
SINGULUS TECHNOLOGIES' innovative power and competitiveness are
strengthened by these new technologic developments.

With the Optical Disc segment SINGULUS TECHNOLOGIES is the market
leader for CD, DVD and Blu-ray Disc production equipment. As the only
engineering company worldwide SINGULUS TECHNOLOGIES today already
provides the machine technology for three-layer Blu-ray Discs with a
storage volume of about 100 GB.

In the Solar division SINGULUS TECHNOLOGIES is a recognized supplier
for new machines concepts and production processes for crystalline
and thin-film solar cells, which increase the efficiency of solar
cells and reduce their production costs. SINGULUS TECHNOLOGIES
establishes itself as a development partner and machine supplier for
technologies enabling a sustainable energy provision on the basis of
renewable energies.

In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its
activities on the vacuum coating of wafers with ultra thin layers for
the production of MRAM memory, thin-film write/read heads and other
semiconductor applications.

SINGULUS TECHNOLOGIES continues to expand its know-how in vacuum
coating, the automation and process technology as well as the
integration of manufacturing lines in order to develop new work
areas. To strengthen the existing business activities SINGULUS
TECHNOLOGIES is currently reviewing concrete acquisition
opportunities.

SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924

Further inquiry note:
Bernhard Krause
Unternehmenssprecher
Tel.: + 49 (0) 6181 98280 20
E-Mail: Bernhard.Krause@go-metacom.de

end of announcement euro adhoc
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company: Singulus Technologies Aktiengesellschaft
Hanauer Landstrasse 103
D-63796 Kahl am Main
phone: +49 (0)1709202924
FAX: +49 (0)6188 440-110
mail: bernhard.krause@go-metacom.de
WWW: http://www.singulus.de
sector: Technology
ISIN: DE0007238909
indexes:
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English