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DGAP-News: First Sensor AG: Endoscopy Specialist Increases Number of Units by 30 Percent

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor AG: Endoscopy Specialist Increases Number of Units by 30 Percent

13.05.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


Endoscopy Specialist Increases Number of Units by 30 Percent

- Customer-specific production of camera modules for surgical systems

- Continuing high demand for imaging solutions

First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions in the growth market of sensor technology, is recording continuing high demand for imaging solutions for optical diagnostics. An endoscopic technology specialist gave notice that it intended to increase purchases of customer-specifically produced camera modules with sales worth millions in 2019 by 30%. The camera modules are used in the robot-assisted surgical systems from a US-based manufacturer and support minimally invasive procedures.

According to Dr. Dirk Rothweiler, CEO of First Sensor AG, the high quality and technical expertise when designing complex optical systems and sensor solutions are decisive factors for the collaboration: "In addition to our pressure expertise, we have many years of experience in the field of photonics with high-precision integration of powerful digital image sensors in the smallest of spaces. Our key customer also values that we respond to increased demands quickly and that we can flexibly expand our production capacity while maintaining the same quality." Since the start of production in 2016, the company has already increased the number of units requested by a factor of eight.

In order to achieve the renewed increase in volume, the qualification of additional machines, doubling of testing stations and training of additional staff are planned for the First Sensor site for photonic sensor integration in Dresden, First Sensor Microelectronic Packaging GmbH. First Sensor is currently exploring the implementation of additional endoscopy projects with the key customer. Optical diagnostics is a growing field of application for the sensor specialist: In the past fiscal year, First Sensor increased sales in this sector by almost 20%. In the current fiscal year, an increase in units produced for an international medical technology group in the field of computer tomography is also contributing to growth.

About First Sensor AG
Founded as a technology start-up in the early 1990s, today, First Sensor is a global player in sensor technology. Based on our know-how in chip design and production as well as microelectronic packaging, standard sensors and customer-specific sensor solutions are developed in the fields of photonics, pressure and advanced electronics for the ever-growing demand in key applications for the target markets of Industrial, Medical and Mobility. The strategy is aimed at profitable growth and focuses on key customers and products, forward integration and strengthening our international presence. First Sensor has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

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13.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 809979

 
End of News DGAP News Service

809979  13.05.2019 

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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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