16-Feb-2010 - JENOPTIK AG

Jenoptik Application Center in South Korea wins new major orders for laser systems in Asia more quickly than expected

Company presses ahead with the development of the growth region Asia

The Jenoptik Lasers & Material Processing division supplies laser systems worth more than 5 million euros to Asia. Installation of the laser systems is expected to begin in the next weeks and is expected to be completed during the course of the year 2010.

The contacts with the new customers in Asia came via the joint venture JENOPTIK Korea Corp., Pyeongtaek (Gyeonggi province), formed in summer 2009, where Jenoptik together with Telstar-Hommel Corp. invested in an Application Center for laser systems which commenced its business operations at the end of 2009. The Application Center will be officially opened at the beginning of March 2010.

"We are delighted that our employees at the Application Center in Seoul have succeeded in winning various major orders from new customers so quickly after starting business operations" said Jenoptik Chairman Michael Mertin. Jenoptik invested around 4 million euros in the Application Center where customers can test and, if necessary, further develop various laser processes to meet their requirements. Asian customers have at their disposal laser systems for processing brittle materials such as display glass, solar cells, ceramics and silicon wafers as well as composite materials.

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