ots Ad hoc-Service: Singulus Technologies AG <DE0007238909> SINGULUS TECHNOLOGIES Continues Growth Trend

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SINGULUS TECHNOLOGIES Continues Growth Trend: Revenues and
Earnings at End of July 2000 Exceed Those for All of 1999

The first full month of the second half of 2000 showed a
continuation of the successful business developments achieved by
SINGULUS TECHNOLOGIES AG in the first half of the year: revenues of
56.6 million DM and order intake totaling 58.6 million DM were
recorded in July, far exceeding the corresponding figures for the
same month of the prior year (revenues +260%, order intake +86.6%).
The CD/DVD figures for August were also significantly higher than for
the same period the year before. Revenues of 366.1 million DM for the
first seven months of the year surpassed the 346.7 million DM in
gross revenues earned in 1999. Even net earnings, which had reached
50.3 million DM by the end of July, are already in excess of the 46.5
million DM net income for the entire previous year.

The reason for this sustained and noticeable upward trend compared
to the competition, is the constant utilization of capacity by the
traditional CD business. New applications such as the CD Card, drive
this business. An additional factor is the boom in the sale of DVD
lines, SINGULUS expects the installed base of DVD systems to grow
from 26 to 100 lines this year and gross revenues for this product
group to quadruple.

The decline in demand for CD-R lines publicized by competitors has
had a negligible impact on SINGULUS TECHNOLOGIES AG accounts, as this
group represents an insignificant share of revenues in the numbers
projected for 2000.

Projected revenues for the current fiscal year, raised to 600
million DM in the Spring, were just increased to 660 million DM at
the end of July. This corresponds to a 90% gain by annual comparison,
and it can be asserted that earnings will be disproportionately high
as a result of our affiliation with the innovative DVD business.

By the year 2001, the new MODULUS coating system for rewritable
CDs and DVDs will generate additional revenues in an entirely new
segment of the market. All prognoses indicate that the rewritable DVD
with its superior digital quality, will replace the video cassette
and the VCR.

To obtain further information, please contact: 
Bernhard Krause, MetaCom GmbH,
Phone: ++49-6181-990244, Fax ++49-6181-990243, 
e-mail:  B.Krause@go-metacom.de

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Original-Content von: Singulus Technologies Aktiengesellschaft, übermittelt durch news aktuell