Eching, Germany (near Munich), December 12, 2004. Kontron AG as listed on the TecDAX, has done a private placement of 500,000 shares directly to American institutional investors. The German-based embedded computer supplier confirms its strategy to increase its shareholder base especially in the USA. Hannes Niederhauser, CEO of Kontron AG, states; "Based on the strategic importance of the American market it is key for Kontron to get US investors interested in Kontron for our continued growth and success." In October 2004, Kontron AG appointed Charles Newcomb, located in the United States, to the position of CFO and initiated this new strategy for addressing the US-investor market. There are no plans to do a NASDAQ listing at this time.
Tel: ++49 8165/77212, Fax ++49 8165/77222
For further information:
Dr. Udo Nimsdorf
Engel & Zimmermann AG
Agentur für Wirtschaftskommunikation
Schloss Fußberg, Am Schlosspark 15,
Tel: ++49 89-89 35 633, Fax: ++49 89-89 39 84 29