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Manz Automation AG included in the TecDAX index as of today
- Inclusion in the technology index TecDAX exactly two years after going public
- Increased awareness among international investors
Manz Automation AG, one of the world's leading technology providers for the photovoltaic and LCD industry, will be included in the TecDAX index as of today. The company has thus now moved up into the technology index exactly two years after its IPO. Manz Automation AG moved from Frankfurt Stock Exchange's Entry Standard to the Prime Standard just two months ago.
The Arbeitskreis Aktienindizes decided to include the company in this index on September 3, 2008. The index includes the 30 largest technology companies in terms of the market capitalization of their free float and the trading volume of their shares, and is regarded as being a key indicator for future-oriented shares.
Dieter Manz, Manz Automation AG's CEO, is very proud that Manz has been included in the index: "We are very pleased to have been included in the TecDAX. This makes Manz Automation's shares even more attractive for investors, and sustainably boosts awareness of our company on the international capital market." In addition, the CEO also underscored the company's philosophy: "Our claim is to always rank among the very best! We regard our promotion to the ranks of the major technology companies as a high-tech engineering company as a true honor. It once again underscores our position as one of the world's leading providers of equipment on the fast-growing solar market."
The company believes that its inclusion in the index is based on its successful operating business. Manz Automation's growth is driven by its innovational strength and the technology leadership in the photovoltaic industry that it has thus achieved. Manz most recently proved this prowess at the 23rd European Photovoltaic Solar Energy Conference and Exhibition in Valencia. The company is the world's only provider to offer equipment and systems for the production of crystalline solar cells and thin-film solar modules with a constant output of 50 MWp. That means that the German high-tech engineering company with its international orientation is making a significant contribution to cutting production costs in the solar industry and also to substantially increasing the efficiency of solar cells and modules. That is the critical factor in making solar technology able to compete with fossil fuels world wide.
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