TRUMPF GROUP ACQUIRES ADVANCED CONVERTERS

Through its HÜTTINGER subsidiary, the TRUMPF Group is a major supplier of components critical to the manufacture of high technology products such as semiconductors, flat panel displays, DVDs and solar cells. The Company’s products deliver the energy required for depositing thin film coatings on surfaces such as architectural glass and premium industrial components. Advanced Converters’ power supplies for DC plasma processes are also used for vacuum deposition and removal of materials and are, thus, complimentary to the Company’s existing product lines. TRUMPF has now expanded and complemented its offering in this fast-growing market.

For the TRUMPF Group, the acquisition of AC, which was founded in 2001, represents an important strategic addition to its product range. "With Advanced Converters, we are strengthening our DC generator business field and expanding our leading position in plasma excitation. At the same time we are setting the stage for even faster growth in the future," says HÜTTINGER Managing Director Dr. Dieter Pauschinger. TRUMPF expects to rapidly increase sales of the new subsidiary by leveraging it’s existing International sales, service and distribution network. Annual sales are currently under 10 million Euros.

HÜTTINGER Elektronik is a global leader in the manufacture of power supplies for plasma processes, induction heating and laser excitation. With approximately 400 employees world-wide, the company recorded sales of 97 million Euros in fiscal year 2005/06. HÜTTINGER Elektronik has been a member of the TRUMPF Group since 1990. Further information on HÜTTINGER can be found at www.huettinger.com.