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LPKF Laser & Electronics AG

EANS-News: LPKF expands in Japan and China (with photo)

Garbsen (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Global Expansion
Garbsen, 19 January 2011 - LPKF Laser &
Electronics AG expects outstanding business figures for 2010. 
Turnover will probably be up 56 % to around EUR 79 million, with an 
EBIT margin of 19 %. The success of the Garbsen-based laser 
specialist is largely attributable to its booming export business. 
And the biggest market is China where most of the laser systems are 
used for electronics production.
LPKF Chairman of the Board of Managing Directors Dr. Ingo Bretthauer 
opened two new sales and service branches in Asia this week. LPKF 
already had six sites in China, and has now added a seventh branch 
office with its new sales and marketing office in Shanghai - in the 
dynamic center of the Chinese electronics industry. "Our clients have
a right to expect us to be located nearby. It is essential for LPKF 
to have a dense sales and service network in our most important 
market," says Bretthauer.
The Japanese are considered to be the technical leaders in the 
electronics sector, and the Japanese market is renowned for its very 
high standards. The Japanese electronics industry innovatively 
occupies the prime segments of the electronic consumer goods sectors,
and maintains this leading position by manufacturing all the critical
components in its own country. This is why it is particularly 
important for Bretthauer that LPKF now has its own subsidiary in 
Japan. LPKF Japan K.K. in Yokohama to the south of Tokyo will not 
only strengthen the Group´s sales and service in Japan, but also 
generate important feedback on the latest electronic trends for the 
benefit of research and development work in Garbsen.
As part of the measures to concentrate the sales and marketing 
network, LPKF AG has transferred its stake in the French subsidiary 
to the local management, which will focus in future on selling Rapid 
Prototyping products. LPKF Deutschland will take over responsibility 
for the sale and marketing of laser systems in France and the Benelux
countries.
LPKF Laser & Electronics AG  is  a  technology  company  specializing
in  laser systems for micro-material processing.  Founded  in  1976, 
the  Group  has  its headquarters in Garbsen near Hannover in 
Germany, and does business  around  the world together with its 
subsidiaries and representatives. LPKF  has  around  450 employees 
globally, of which 200 are in Garbsen. The  shares  of  LPKF  Laser  
& Electronics AG are traded on the Prime Standard of the Frankfurt 
Stock  Exchange (ISIN 0006450000).
Pictures with Announcement:
http://resources.euroadhoc.com/us/TKTZ35CT
http://resources.euroadhoc.com/us/APUfZ8kA
end of announcement                               euro adhoc

Further inquiry note:

LPKF Laser & Electronics AG
Bettina Schäfer, Investor Relations
Tel: (05131) 7095-382

Branche: Semiconductors & active components
ISIN: DE0006450000
WKN: 645000
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

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