Customer complaint: Topsil to reach agreement with customer to release Topsil’s products for manufacture


NASDAQ OMX Copenhagen 
Nikolaj Plads 6
DK - 1067 Copenhagen K

3 February 2015

 

STOCK EXCHANGE ANNOUNCEMENT no. 2/15

Customer complaint: Topsil to reach agreement with customer to release Topsil’s products for manufacture

Topsil and the customer affected by the customer complaint today reached an agreement, spelling out that the customer minimum purchase of the current long term agreement be split over 2015 and 2016 instead of one year. The extended contract thus supports a slower pace start-up phase.

Following the agreement, the customer has agreed that Topsil may commence shipping of replacement wafers and that Topsil can now receive new orders from the customer. Topsil expects to deliver the first shipment of wafers to the customer H1 2015.

Any queries regarding this stock exchange announcement may be addressed to the company's CEO through: Susanne Hesselkjær, Secretary to the Management, tel.: +45 2926 6752.

 

Med venlig hilsen / Best regards

Topsil Semiconductor Materials A/S

 

Jens Borelli-Kjær            Kalle Hvidt Nielsen

Chairman                      CEO

 

Please note that this translation is provided for convenience only. The Danish version shall prevail in case of discrepancies.

 


Attachments

02-15_Products_released_for_delivery.pdf