DGAP-News: OHB Technology AG: OHB Group selling KT Automotive GmbH to the Kistler Group

| Source: EQS Group AG EQS Group AG 

OHB Technology AG / Disposal

23.10.2009 

Dissemination of a Corporate News, transmitted by
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The issuer / publisher is solely responsible for the content of this announcement.

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OHB Group selling KT Automotive GmbH to the Kistler Group

Bremen/Munich, October 23, 2009.  The OHB Technology Group (ISIN:
DE0005936124, Prime Standard) has sold all shares in KT Automotive GmbH,
Munich, to the Kistler Group, which is domiciled in Winterthur,
Switzerland.

KT Automotive develops, fabricates and markets data recording systems for
automotive crash test applications. With a share of around 70% of the
market, it is the world's leading provider of hardware, software and
services in this segment.

The transaction also includes the activities of the subsidiaries in China
and the United States. KT Automotive has 33 employees and generated
revenues of EUR 7.3 million in 2008.

Accordingly, the OHB Technology Group is parting ways with its automotive
crash test business. As a result, the Payloads + Science division will now
be concentrating to a greater extent on projects and developments in the
space segment.




Contact for investors             Contact for media representatives:
and analysts:  
Michael Vér                       Steffen Leuthold  
Investor Relations                Corporate Communications  
Tel.: +49 421-2020-727            Tel.: +49 421-2020-620  
Fax: +49 421-2020-613             Fax: +49 421-2020-700
E-Mail: ver@ohb-technology.de     E-Mail: leuthold@ohb-technology.de
www.ohb-technology.de             


23.10.2009  |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]

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Language:     English
Company:      OHB Technology AG
              Karl-Ferdinand-Braun-Str. 8
              28359 Bremen
              Deutschland
Phone:        +49 (0)421 2020 8
Fax:          +49 (0)421 2020 613
E-mail:       ir@ohb-technology.de
Internet:     www.ohb-technology.de
ISIN:         DE0005936124
WKN:          593612
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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