DGAP-News: LION E-Mobility AG / Key word(s): Expansion/Strategic Company
Decision
LION E-Mobility AG: LION E-Mobility AG subsidiary LION Smart moves into new
premises
30.11.2015 / 08:00
The issuer is solely responsible for the content of this announcement.
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Garching, Germany - November 30th, 2015 - The Swiss Holding LION E-Mobility
AG (WKN: A1JG3H, Ticker: LMI) announces that its German subsidiary Smart
GmbH will move into new premises by January 2016. Continued growth in
headcount along with rising orders make this step necessary. The new head
quarter is located in Garching near Munich which provides very good
transport links. It is completely renovated and provides 600 square meters
of office, laboratory and project space. While research, development and
construction of battery systems will take place in the office and project
spaces, the soft- and hardware development of electronic components, such
as battery management systems, will be carried out at the newly equipped
electronics laboratory. Furthermore the shop floor underwent a major
upgrade and was equipped for the assembly of high-voltage energy storage
systems and their commissioning in mobile and stationary applications. The
new work shop will also facilitate the integration of complete high-voltage
systems in electric vehicles. Those new capacities create ideal conditions
for the continuation of LION Smarts dynamic growth.
About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly
in the field of electric energy storage as well as battery pack development
and management. The Company holds 100% of the German LION Smart GmbH, a
development and engineering company specialized on custom designed battery
packs and battery-management-systems. LION Smart GmbH further holds a 30%
stake of the TÃV SUED Battery Testing GmbH, a dynamically growing joint
venture with the renowned TÃV SUED AG. Members of the Board of Directors
are: Mr. Dipl.-Ing. Daniel Quinger (President of the Board), Dr. Isolde
Semm, Dipl.-Ing. Tobias Mayer, Mr. Hany Magour and Dipl.-Ing. (FH) Martin
Specht. The Management of LION Smart GmbH consists of Dipl.-Ing. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÃV SUED Battery
Testing GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck. For more information
please visit our homepage: www.lionemobility.com
Disclaimer
This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as "may", "will", "could", "should", "would",
"likely", "expect", "intend", "estimate", "anticipate", "believe", "plan",
"objective" and "continue" (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors or assumptions
are applied in making forward-looking statements, and actual results may
differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from
expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal
and regulatory proceedings; the ability to adapt products and services to
the changing market; the ability to attract and retain key executives; and
the ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking
statements contained in this presentation, whether as a result of new
information, future events or otherwise, except as required by law.
Investor Relations Contact:
Mr. Walter Wimmer
Telephone: +49 (0)89 74567993
Email: ir@lionemobility.de
http://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland
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30.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: LION E-Mobility AG
PoststraÃe 6
6300 Zug
Switzerland
Phone: +49 (0)89 74567993
Fax: +41 (0)41 500 54 12
E-mail: info@lionemobility.de
Internet: www.lionemobility.de
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Regulated Unofficial Market in Hamburg, Munich; Open
Market in Frankfurt
End of News DGAP News Service
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418983 30.11.2015
DGAP-News: LION E-Mobility AG: LION E-Mobility AG subsidiary LION Smart moves into new premises
| Source: EQS Group AG