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ots Ad hoc-Service: Jenoptik AG <DE0006229107> JENOPTIK AG strengthens its Photonics company division

Villingen-Schwenningen/Jena (ots Ad hoc-Service) -

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JENOPTIK AG
strengthens its Photonics company division.
JENOPTIK Laser, Optik, Systeme GmbH takes on 100 percent of
Hommelwerke. The two companies' product ranges complement each other
perfectly.
The JENOPTIK AG technology group of Jena, has strengthened its
Photonics division strategically. JENOPTIK Laser, Optik, Systeme
GmbH, the complete Jenoptik subsidiary leading its Photonics business
division has taken on 100 percent of all shares of Hommelwerke GmbH,
headquartered in Villingen- Schwenningen, in southwestern Germany. On
Wednesday, the Jenoptik supervisory board approved the contract which
was concluded retroactively to 1 October 1999. The purchase is
effective pending the approval of the Federal Monopolies Commission
(Anto Trust Commission). Hommelwerke is a leading provider of modern
measurement systems and technology for the precision contact
measuring of dimensions, shapes, contours and surface qualities.
Combined with JENOPTIK Laser, Optik, Systeme GmbH's wealth of
knowledge in optical non-contact measurement technology, the product
ranges of both companies complement each other ideally.
Synergy will make for a competitive advantage.
Many of both companies' main customers are part of the automotive
industry. Hommelwerke and JENOPTIK Laser, Optik, Systeme GmbH
develop, produce and distribute systems to measure parts of engines,
machines and gears. The different measuring procedures, with the use
of object contact at Hommelwerke, and with the optical non-contact
system at Laser, Optik, Systeme GmbH, will be used at different
stages in the process. Combined, they will be able to carry out more
complex measuring tasks than ever before. In addition, both companies
will be able to operate as competent system supplier. This is
currently required by the automotive industry. Those of Hommelwerke's
competitors who make the plunge into optical non-contact measurement
technology, often fail due to their shortcomings in the optical
technology necessary for this kind of measurements. Working together
in the market and pooling their knowledge will allow Hommelwerke and
Laser, Optik, Systeme GmbH to achieve a rapid and decisive
competitive advantage.

Contact:

Public Relations Katrin Lauterbach Phone: + 49-3641-65 2360

Investor Relations Sabine Barnekow Phone: +49-3641- 65 2156

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