Sanochemia Pharmazeutika AG / Change of Personnel 29.05.2009 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- SANOCHEMIA Pharmazeutika AG wishes to supplement its early ad-hoc announcement with the information that Maria Popova, responsible for research and development activities at the Company, has already been responsible for the areas of Business Development, Marketing and Sales as a co-opted member of the Board of Management since March of this year. In recent months, Maximilian Hudl has successively withdrawn from involvement in these areas and was most recently responsible for Supply Chain Management at Sanochemia Pharmazeutika AG as well as acting as General Manager of Sanochemia Diagnostics Deutschland. Maria Popova has been at SANOCHEMIA since late 2007 where she has already successfully restructured the Company's Research and Development division. A significantly more focussed strategy is now aimed at increasing the volume of SANOCHEMIA's operational business. Far-reaching steps to achieve a rapid implementation of the cost-cutting programs and increase efficiency are now firmly on track. Popova aims to combine action plans across the group in order to achieve further rises in sales revenues, while also securing tangible and sustainable cost-savings in the current financial year. In particular, the objective is to speedily intensify the Company's successful export activities and to cut costs, most specifically in areas such as operational expenses. Major cost-cutting measures are needed at present in order to improve SANOCHEMIA's cost structure and to underpin the future prospects of the Company. By means of taking these steps, SANOCHEMIA also aims to satisfy the demands of the capital market and generate significant levels of shareholder value in the coming years. Margarita Hoch Investor Relations phone: +43 / 1 / 3191456 / 335 fax: +43 / 1 / 3191456/ 344 m.hoch@sanochemia.at www.sanochemia.at DGAP 29.05.2009 --------------------------------------------------------------------------- Language: English Issuer: Sanochemia Pharmazeutika AG Boltzmanngasse 9a - 11 A-1091 Wien Österreich Phone: +43 (1) 319 14 56-0 Fax: +43 (1) 319 14 56-44 E-mail: office@sanochemia.at Internet: www.sanochemia.at ISIN: AT0000776307 WKN: 919963 Indices: Prime Standard Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Sanochemia Pharmazeutika AG: Board of Management Change (II)
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