Kontron AG

ots Ad hoc-Service: Kontron embedded computer Kontron Acquires Majority in FieldWorks

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    München (ots Ad hoc-Service) - Kontron Embedded Computers AG in Eching near Munich, one of the world's leading manufacturers of "intelligent" miniaturised computers with integrated software (embedded computer technology), will take over the majority of shares of the American enterprise FieldWorks Inc. The companies have concluded a binding agreement that Kontron initially is to invest US $ 2.5 m and subsequently is to acquire a total of 12 m shares of the business, which is listed on the American stock exchange for securities in technology, within the framework of an option by the 15 August this year. Subject to FieldWorks' shareholders giving their consent at the annual general meeting, this takeover represents a majority of 52 percent of total capital stock - mainly by means of a capital increase. With this acquisition, Kontron wants to strengthen its position in the American market and to become the world's number one in the business field of mobile embedded computers. FieldWorks Inc. (Minnesota), which has been listed on the Nasdaq since 1995 and generated a total turnover of US $ 25 m in 1999, is one the USA's leading developer and manufacturer of mobile embedded computers, in particular for the areas of transport, public transport and industrial applications. Kontron's board of management assumes that as a result of this acquisition, which is to be consolidated in the fourth quarter, turnover is to increase by about DM 15 m to a total of DM 195 m in the business year 2000. According to profit forecasts, FieldWorks is to see a net profit of about DM 1 m in the fourth quarter. Kontron, which has been listed at the New Market of the Frankfurt stock exchange since 6 April 2000, recently had stepped up its turnover forecast for 2000 from DM 162 m to DM 180 m following the record turnover achieved in the first quarter.

    For further information please contact: Investor Relation: Dr. Udo Nimsdorf Sigrid Seidl Engel & Zimmermann AG Kontron Embedded Computers

    Agentur für Wirtschaftskommunikation Oskar-von-Miller-Str. 1, 85386 Eching Schloss Fußberg, Am Schlosspark 15, 82131 Gauting Germany Germany Phone: +49 (0) 8165/77643 Phone: +49 (0) 89-89 35 633, Fax: +49 (0) 89-89 39 84 29 Fax +49 (0) 8165/77219 Email: info@engel-zimmermann.de Email: sigrid.seidl@kontron.com

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