First Sensor acquires Augusta Technologie AG's entire Sensortechnics Group, becoming one of the largest global suppliers of specialized sensor solutions

First Sensor AG (formerly known as Silicon Sensor International AG), which is listed in Prime Standard at Frankfurt Stock Exchange has reached an agreement today with Augusta Technologie AG regarding the purchase of 100% of the shares in the Sensortechnics Group.

The Sensortechnics Group consists of Sensortechnics GmbH (Development and Distribution of high-quality sensor solutions, among others in the sector of medical technology, Puchheim near Munich), Elbau GmbH (developer and manufacturer of sensor modules, Berlin), Elbau Singapore Pte. Ltd., Klay Instruments B.V. (industrial solutions, The Netherlands), Pressure & Flow Ltd. (England), Sensortechnics, Inc. (USA), Sensortechnics Corp. (Canada) as well as Sensortechnics Scandinavia, AB (Sweden).

The acquired Group globally holds approximately 270 employees at eight locations and generated in 2011 a sale amount of approximately €60 million.

Dr Hans-Georg Giering (CEO First Sensor AG): "I am very pleased that, with the acquisition of Sensortechnics Group, we are able to consequently continue the change our company commenced in 2009 in being a profitable and integrated industrial enterprise. Therewith, First Sensor globally gains position as one of the most meaningful providers for custom sensor solutions. With now approximately 750 employees at eight sites, among others in Germany, the Netherlands, USA and Singapore and additional distribution sites in further core markets, we provide more than 4,000 customers in all significant branches with innovative sensor solutions."

Distribution-strong Sensortechnics will, among other things with their 2,000 customer relations, create additional sales channels for the products and services of First Sensor Group. Due to the merger, the competitive lead of First Sensor to provide the customer with solutions along a complete product value from the sensor component, to the sensor module up to the fully assembled sensor system has been further expanded. The expansion of the business, in combination with an elevated flexibility in capacities and lot sizes, makes First Sensor, particularly for key customers, even more interesting. Due to the low overlap of sectors, many options for the transmission of sensor solutions into other sector applications arise.

With the acquisition of Sensortechnics Group, First Sensor significantly strengthens its market position and solution competence in the field of Life Science, which also contains the increasingly demanded application in the field of medical technology. Following the significant increase of strength of its position in the fields of Mobility, Industrial and Security over the past years, First Sensor is now able to offer a yet again significantly enhanced portfolio of sector-specific sensor solutions.

In the past, the Sensortechnics Group acted as an independent sub-group of Augusta Technologie AG and was always profitable. The management members of both companies had already cooperated closely and confidently on a series of successful mutual projects in the past. They formally welcome the merger of the companies and look forward to the future joint collaboration.

Josef Öttl (Managing Director, Sensortechnics GmbH): „The entire Management Team of Sensortechnics Group considers its acquisition as a big opportunity for existing customers and for its employees. We are looking forward to create a leading global player with First Sensor for innovative and individual sensor solutions."

Starting 2012, Sensortechnics Group will add more than €60 million to sales for First Sensor AG, which will therefore more than double its group sales. With expected total sales for the upcoming year estimated at more than €115 million, First Sensor is planning an operating result (EBITA) of approximately €14 million for 2012.

Synergies in the seven-figure range are expected to be realized in the coming years due to the combination.

The purchase price, which is divided into several, partially performance-related installments, amounted to several tens of millions.

Dr Ingo Stein (CFO): "When financing the transaction, we focused on a solid and risk averse structure.We additionally aimed for the lowest possible profit dilution for our shareholders. Therefore, we have opted for a mix of long-term bank loans and a capital increase. All existing shareholders are being granted a buying option at the ratio of 2:1 as well as the opportunity of a multiple buying option. It is guaranteed that First Sensor will also have the financial scope in the future, to stem necessary investments in new technologies by their own efforts.“

The capital increase will be managed by M.M. Warburg & Co. The subscription offer is expected to be released on October 6, 2011. The subscription period is expected to begin on October 7, 2011 and end on October 21, 2011. The subscription price for the 3.312 million new shares will be €10.00 per share. There will be no trading of subscription rights.

Funds advised by the DPE Deutsche Private Equity GmbH ("DPE") have guaranteed the capital increase of First Sensor AG significantly, subject to the shareholders' subscription right, and therefore are ensuring the successful execution of the capital measure.

Marc Thiery, Managing Partner of DPE, on the industrial logic of this new investment: "We intentionally chose an engagement with this highly specialized technology enterprise, as First Sensor AG not only has been very successful, highly profitable and extremely innovative over many years, but also holds an excellent position in all its markets."
„Next to a strong market position, Sensortechnics Group also possesses an international marketing drive. Through the complementary array of both enterprises, one of the globally largest providers for special sensor solutions is created out-of-the-box." adds Guido Prehn, director with DPE.

First Sensor's Chief Executive Officer, Dr Hans-Georg Giering welcomes the entry of the industrially oriented financial investor: "Together with our second significant anchor shareholder DPE, we are looking into a very promising future with potential for growth. Thanks to the long-term financial investment of DPE we are able to lay the foundation for the continuation of the successful development of our business."

For more information on the company, please visit www.first-sensor.com or call us on Tel.: +49 30 6399 23-710

First Sensor AG
Executive Board

Information and stipulations of the issuers of this press release

First Sensor AG will offer a telephone conference with Dr Hans-Georg Giering (CEO) and Dr Ingo Stein (CFO) regarding the content of this press release on September 30, 2011 at 11:00 am CEST for analysts and journalists. To receive dial-up details for participation, register with First Sensor AG using the following telephone number: +49 30 6399 23 710 or via e-mail to ir@first-sensor.com

About First Sensor
First Sensor AG is a leading supplier of custom sensor solutions for highly sophisticated requirements in the Life Science, Industrial, Mobility, Security and Aerospace sectors. In 2010 First Sensor achieved annual sales of €45.2 million, employing more than 400 people worldwide. Founded 1991 in Berlin, First Sensor has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard I WKN: 720190 I ISIN DE0007201907 I SIS].

About Sensortechnics
The Sensortechnics group specializes in the development and distribution of high-quality sensor solutions, including in the medical engineering sector. Furthermore, Sensortechnics GmbH owns Elbau GmbH, developer and manufacturer of sensor modules, and Klay B.V., which specializes in industrial solutions.

About DPE
DPE Deutsche Private Equity GmbH is an independent German investment company which uses funds advised by it to make expansion capital available to companies from sectors with long-term, fundamentally sound growth prospects. The Parcom Deutschland I fund is endowed with a committed equity of €250 million.

Additional information about DPE can be found at www.pdpe.de