Singulus Technologies Aktiengesellschaft

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

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    Alzenau (ots Ad hoc-Service) -

    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:

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