DGAP-News: InTiCa Systems AG receives order to develop and produce key components for a new generation of hybrid engines
(firmenpresse) - DGAP-News: InTiCa Systems AG / Key word(s): Incoming Orders
InTiCa Systems AG receives order to develop and produce key components
for a new generation of hybrid engines
22.06.2012 / 07:30
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KONTAKT Walter Brückl | Vorsitzender des Vorstands
TEL +49 (0) 851 - 966 92 - 0
FAX +49 (0) 851 - 966 92 - 15
MAIL investor.relations(at)intica-systems.de
/
InTiCa Systems AG receives order to develop and produce key components for
a new generation of hybrid engines
Passau, June 20, 2012 - InTiCa Systems AG (ISIN DE0005874846, Prime
Standard) has been awarded an order by a well-known systems supplier to
develop and product key components for use in the drive technology of a
hybrid vehicle. An extremely demanding technological concept is needed to
meet the high demands made on these components, which are needed for
battery management. To safeguard the planned start of production (SOP) in
early 2013, production of the necessary tools started in parallel with
completion of the development phase. The contract is expected to run for 7
years and sales will be in the lower double-digit millions range. Use of
the components in further model ranges and for other brands is currently
under discussion.
InTiCa Systems AG
The Board of Directors
About InTiCa Systems:
InTiCa Systems is a European leader in the development, manufacture and
commercialization of inductive components, passive analogue switching
technology and mechatronic assemblies. It operates in the Automotive
Technology, Communication Technology and Industrial Technology segments and
has ca. 410 employees at its sites in Passau (Germany) and Prachatice
(Czech Republic).
The Automotive Technology segment focuses on innovative products that raise
the comfort and safety of cars, improve the performance of electric and
hybrid vehicles and reduce carbon emissions. InTiCa Systems' Communication
Technology segment is the German market leader in splitters for the
transmission of broadband signals, while the Industrial Electronics segment
develops and manufactures mechatronic assemblies for the solar industry and
other industrial applications.
Forward-looking Statements and Predictions
This press release contains statements and forecasts referring to the
future development of InTiCa Systems AG which are based on current
assumptions and estimates by the management that are made using information
currently available to them. If the underlying assumptions do not
materialize, the actual figures may differ substantially from such
estimates. Future developments and results are in fact dependent on a large
number of factors; they contain different risks and imponderables and are
based on assumptions that may not be accurate. We neither intend not assume
any obligation to update forward-looking statements on an ongoing basis as
these are based exclusively on the circumstances prevailing on the date of
publication.
End of Corporate News
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22.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: InTiCa Systems AG
Spitalhofstraße 94
94032 Passau
Germany
Phone: 0851 / 96692 0
Fax: 0851 / 96692 15
E-mail: investor.relations(at)intica-systems.de
Internet: www.intica-systems.de
ISIN: DE0005874846
WKN: 587484
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, München, Stuttgart
End of News DGAP News-Service
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174891 22.06.2012
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