ARQUES Industries AG / Miscellaneous 15.02.2010 11:32 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, February 15, 2010 - Gigaset Communications GmbH, a subsidiary in which ARQUES Industries AG holds an 80% interest, has a new management team as of today. Hans-Burghardt Ziermann (56), a member of the VARTA Microbatteries executive board since 2007, takes over the management of the distribution department. The computer sciences graduate has comprehensive experience within this area which he gained in managerial positions at VIAG Intercom, France Telekom and Motorola among others. Hans Gisbert Ulmke, chairman of the ARQUES Industries AG executive board: 'We are delighted that we could recruit Mr. Ziermann for the tasks at Gigaset. He is a renowned manager with broad international experience who has worked in large corporations, in the development of VIAG Intercom, among others. With his contribution Gigaset will develop even more successfully'. His predecessor at Gigaset, José Costa e Silva, will be leaving the company. As new managing director, Wolfgang Scheid (58) will be responsible for restructuring, project management, IT and human resources. The mathematics graduate was Vice President Operation at ARQUES Industries AG to date. Previously he worked as management consultant as well as in managerial positions at, among others, Lekkerland GmbH & Co. KG, Klöckner & Co. AG as well as Thyssen Handelsunion AG. The commercial management position at Gigaset will be filled at a later date. Michael Hütten, member of the ARQUES Industries AG executive board, will be leaving the Gigaset management as planned and will join the Supervisory Board. The Board of Management of Gigaset Communications now consists of Mr. Wolfgang Scheid, Mr. Martin Streb und Mr. Hans-Burghardt Ziermann. Mr. Hütten explains: 'Within the context of the successful restructuring, ARQUES created a basis from which Gigaset will in future be able to obtain sustainable, profitable growth by virtue of its own strength. I thank the Gigaset employees for their support and commitment'. About Gigaset: Gigaset Communications GmbH is one of the world's largest manufacturers of cordless phones and the clear market leader in Europe for DECT phones. With its headquarters in Munich, the company develops, manufactures and distributes high-quality products under the brand Siemens Gigaset. Its portfolio includes fixed-network phones, Voice over IP devices and software solutions. The primary production site is in Bocholt, Germany, where the Gigaset products are manufactured under the most stringent quality and environmental standards. Gigaset Communications employs 1800 employees and is represented in approximately 70 countries world-wide. ARQUES Industries AG holds 80.2 per cent and Siemens AG 19.8 per cent of the shares in the company. About ARQUES ARQUES Industries AG, Munich, (www.arques.de), is a business partner of conglomerates regarding company spin-offs and a turnaround specialist who focuses on the acquisition and the active restructuring of companies in transitional situations, in order to develop these, with its own team and own resources, to competitive enterprises with a positive yield. ARQUES revitalises its subsidiaries' potential for creating value for the benefit of all its stakeholders, taking on the relevant social responsibility. The shares of ARQUES Industries AG are traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the symbol 'AQU' (ISIN: DE0005156004). Contact: ARQUES Industries AG Investor Relations Hubert Wiedemann Email: wiedemann@arques.de Tel: 089/ 25 55 00 - 330 15.02.2010 11:32 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: ARQUES Industries AG Arnulf Office Park - ArnulfstraÃe 37-39 80636 München Deutschland Phone: +49 89/255500-0 Fax: +49 89/255500-200 E-mail: schneider@arques.de Internet: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: ARQUES Industries AG: New management at ARQUES subsidiary, Gigaset
| Source: EQS Group AG