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DGAP-News: First Sensor equipped for further growth in Medical target market

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor equipped for further growth in Medical target market

24.07.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


Corporate News, July 24, 2018

First Sensor equipped for further growth in Medical target market

- Medical technology production sites confirm quality management in accordance with ISO 13485

- Increased demand for key products for breathing and ventilator solutions

First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions, is setting the course for further growth in the Medical target market with the renewed ISO 13485:2012 certification of the German production sites in Berlin-Weißensee and Puchheim and the Canadian site in Montreal. This certification confirms the introduction and use of a comprehensive management system for the design and manufacture of medical products and testifies to the performance of the First Sensor production network with the current increased demand for highly sensitive and reliable pressure sensors.

"Medical technology is subject to the highest quality standards because it saves lives every day. At the moment, we are seeing growing demand for key products such as the H series. For example, a Swiss medical technology manufacturer has doubled its demand for high-precision pressure sensors for ventilator systems, meaning that we expect a sales increase of more than a million with this customer alone in 2018. We now have the task of adapting our capacity in line with the increased unit volumes in order to cover the requirements of this and other customers. The certification is an important step in this context," says Dr. Dirk Rothweiler, CEO of First Sensor AG.

In 2017, First Sensor generated EUR27.9 million in the Medical target market. Almost 20 percent of this was attributable to the H series. The company expects this product family to record growth of almost 50 percent in the Medical target market in fiscal 2018. First Sensor's pressure sensors are used in numerous medical devices such as ventilator devices, anesthetic devices, sleep diagnosis devices, sleep apnea therapy devices (CPAP), spirometers, and oxygen concentrators. The piezoresistive pressure sensors in the H series measure ultra-low pressures of dry, non-corrosive gases and are so sensitive that they can also be used in ventilator systems for intensive care of children and young people.

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces standard products and customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Based on innovative technology platforms, we develop products such as chips, components, sensors, and entire sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive our growth extremely rapidly in the future. First Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt Stock Exchange (SIS) since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. For more details on First Sensor, please visit www.first-sensor.com.

Disclaimer
Statements in this Corporate News relating to future developments are based on a prudent estimate of future events. Actual events may deviate 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.

 

Printable images
For printable images please visit https://www.first-sensor.com/en/company/press/picture-archive. First Sensor AG owns the rights to the images. Please make reference to this when using the material.

 

First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin
Deutschland
Contact:
Corinna Krause
E-Mail: ir@first-sensor.com
T +49 30 639923-571
 

 

 



24.07.2018 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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

 
End of News DGAP News Service

707223  24.07.2018 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. 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.
Competencies
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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