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12.06.2007|GILDEMEISTER Subsidiary wins major order for solar technology

a+f delivers SunCarrier to Spain ​​​​​​​

Bielefeld. a+f GmbH, a company belonging to the GILDEMEISTER group, has received a major order about 150 “SunCarrier” with a value of around Euro 31.5 million. A Spanish investor from Madrid has ordered the controlled tracker systems from a+f at the Intersolar 2007, the largest European specialist trade fair for the solar industry in Freiburg.

By spring 2008 the 150 “SunCarrier” sytems will be installed in the southwest of Spain. Each tracker is 250 square metres in size and will track the sun’s progress using a programmable logic controller (PLC). This increases efficiency by up to 32% compared with fixed systems. a+f will deliver the first “SunCarrier“ installations from August this year. With its “SunCarrier 6.0“ the Würzburg company sets new standards in the field of solar tracker systems.

At the same time the GILDEMEISTER subsidiary successfully serves the trendsetting business segment of renewable energy with components, subsidiary systems and complete solar installations. GILDEMEISTER will publish the latest figures for the first half of 2007 on 2 August 2007.

GILDEMEISTER Aktiengesellschaft
The Executive Board

Disclaimer, Forward-looking statement

Disclaimer, Forward-looking statement

Statements relating to the future:

This press release contains forward-looking statements, which are based on current estimates of the management of future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors, which could lead to the actual future circumstances, including the assets, liabilities, financial position and profit or loss of GILDEMEISTER, differing materially from or being more negative than those expressly or implicitly assumed or described in these statements. The business activities of GILDEMEISTER are subject to a series of risks and uncertainties, which may result in forward-looking statements, estimates or forecasts becoming inaccurate. Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results stated, expected, anticipated, intended, planned, aimed at, estimated or projected in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.