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Silicon Sensor with new Management Structure

2008-10-01

Supervisory Board ratifies Dr. Giering as CEO; New Management Board at Silicon Sensor GmbH

Silicon Sensor International AG, one of worldwide leading manufacturers of optical high-precision-sensors, has restructured its management. The supervisory board ratified Dr. Giering as CEO of the company. “We are convinced to continue on our strategic orientation by this step without friction losses.” said Ernst Hofmann, chairman of the supervisory board, confidently.

Trigger for the reorganization was the released demission of Dr. Bernd Kriegel. Dr. Kriegel resigned from the Executive Board immediately effective from September 18, 2008. His dismissal as board member of Silicon Sensor International AG is based on good cause, especially due to the deep disruption within the Executive Board an in relation to the Supervisory Board. In addition Dr Bernd Kriegel also resigned as Managing Director of Silicon Sensor GmbH as well as of further affiliated companies.

The new Managing Directors of Silicon Sensor GmbH are Detlef Meissner and Thomas Brosowski. Both are senior executives, possessing high appraisal within the industry and from their colleagues, stand for continuity and simultaneously for a considerable potential in future development. While the move to the new production premises proceeds as scheduled, intensive negotiations of new projects in the automotive sector take place in parallel. First closed deals are expected still in this business year.

For more information to Silicon Sensor see our website at: http://www.silicon-sensor.com or call +49 30 20945710

Silicon Sensor International AG
The Executive Board
The Supervisory Board

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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