SMA Solar Technology AG / Contract
03.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Today, SMA Solar Technology AG (SMA) has acquired the technology platform
from OKE-Services (OKE), a Dutch company in the micro inverter sector. SMA
plans to develop this technology further in the next few years, to launch
its own product range of micro inverters onto the market. This would mean
that the product portfolio would be expanded in the area of smaller power
ranges. Unlike the photovoltaic inverter with string technology, which
converts the direct current (DC) of numerous interconnected photovoltaic
modules into alternating current (AC), a micro inverter converts the DC to
AC separately at each individual photovoltaic module. It was agreed to keep
the exact purchase price confidential. Furthermore, a consultancy contract
was drawn up with the owner of OKE, Hendrik Oldenkamp, with a duration
until 30.09.2012.
Press contact:
SMA Solar Technology AG
Volker Wasgindt
Head of Media and Association Relations
Sonnenallee 1
34266 Niestetal
Germany
Tel. +49 561 9522-11 21
Fax.+49 561 9522-11 03
Volker.Wasgindt@SMA.de
Investor Relations:
Anna Raudszus (Institutional Investors/Analysts)
Phone: +49 561 9522 1172
Julia Damm (Private Investors)
Phone: +49 561 9522 22 22
Sonnenallee 1
34266 Niestetal
Germany
Tel. +49 561 9522-22 22
Fax.+49 561 9522-22 23
ir@SMA.de
Disclaimer:
This Ad hoc message serves only as information and is not an invitation to
purchase, hold or sell shares.
This Ad hoc message release can contain future-oriented statements.
Future-oriented statements are statements which do not describe facts of
the past. They also include statements about our assumptions and
expectations. These statements are based on plans, estimations and
forecasts which the executive board of SMA Solar Technology AG (SMA or
company) has available at this time. Future-oriented statements are
therefore only valid on the day on which they are made. Future-oriented
statements by nature contain risks and elements of uncertainty. Various
known and unknown risks, uncertainties and other factors can lead to
considerable differences between the actual results, the financial
position, the development or the performance of the corporation and the
estimates given here. These factors include those which SMA has discussed
in published reports. These reports are available on the SMA website at
www.sma.de. The company accepts no obligation whatsoever to update these
future-oriented statements or to adjust them to future events or
developments.
03.09.2009 |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]
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Language: English
Company: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Deutschland
Phone: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
E-mail: info@sma.de
Internet: http://www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: SMA Solar Technology AG acquires technology platform from OKE-Services for micro inverter
| Source: EQS Group AG