06. July 2011 | Finance News
AIXTRON SE / Key word(s): Alliance/Letter of Intent AIXTRON and SINANO establish new Chinese MOCVD training center Shanghai, P.R. China, July 6, 2011 - AIXTRON SE today announces a formal cooperation agreement between AIXTRON and the Suzhou Institute of Nano-tech and Nano-bionics (SINANO), China to establish a brand new MOCVD training and demo facility to train its Chinese customers and potential customers' engineers. With the recent rapid expansion of the solid state lighting business in the region, China's orders for MOCVD equipment have increased sharply. The new center will enable the region to address the issue of a shortage of professionally trained staff such as MOCVD operators and maintenance engineers in the Yangtze River delta area. The new training center, located in the Suzhou Industrial Park (SIP) will start up later this year, and will be a joint collaboration between AIXTRON and SINANO, a long-term AIXTRON MOCVD equipment user. SINANO already has several AIXTRON R&D systems in its facility but for the new center AIXTRON will install its latest MOCVD system generation equipment, the CRIUS(R) II and the AIX G5 HT. In addition, the center will be staffed by highly experienced AIXTRON process and maintenance engineers as well as numerous other training professionals. The signing ceremony took place on June 22, 2011 in Suzhou, where officials from both organizations formally committed themselves to this unique new collaboration. During the agreement signing ceremony, Wolfgang Breme CFO of AIXTRON expressed his enthusiasm for the project: 'With the new training center AIXTRON will provide the necessary support for this very important part of China's industrial future. Supported by the national government's latest 5-year plan, China plans to become a leading global manufacturer of LED devices. This center will provide the prerequisites for the education of highly skilled MOCVD operators. We chose the Suzhou region due to its well established infrastructure - it is home to many already successful big enterprises and industries. And we chose SINANO because we believe that they are the best partner for this prestigious project'. About SINANO The Chinese Academy of Sciences (CAS) is one of China's leading academic institution and comprehensive research and development center active in natural sciences, technological sciences and high-tech innovation. It was founded in Beijing on 1st November 1949 from the former Academia Sinica (Central Academy of Sciences) and Peiping Academy of Sciences. For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ: AIXG, ISIN US0096061041) please consult our website at: www.aixtron.com. Contact: Investor Relations and Corporate Communications
Forward-Looking Statements This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON within the meaning of the safe harbor provisions of the End of Corporate News 06.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | AIXTRON SE | |
Kaiserstr. 98 | ||
52134 Herzogenrath | ||
Deutschland | ||
Phone: | +49 (241) 8909-444 | |
Fax: | +49 (241) 8909-445 | |
E-mail: | invest@aixtron.com | |
Internet: | www.aixtron.com | |
ISIN: | DE000A0WMPJ6, US0096061041 | |
WKN: | A0WMPJ | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Terminbörse EUREX | |
End of News | DGAP News-Service |
131010 06.07.2011 |
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