ZMDI expects further growth in anniversary year 2011

Presenting the preliminary figures for fiscal year 2010 today the company announced that ZMDI had returned to the pre-economic-crisis level last year and had managed to increase revenues and earnings substantially. In concrete terms this means that in the preceding fiscal year revenues were up by 28 percent against the previous year to EUR 55 million (2009: EUR 43.3 million). Revenues therefore exceeded the previous forecast and came close to the figures of 2008. One key driver for this solid growth was, above all, the strong demand for energy-efficient products and solutions, primarily in the automotive sector. Earnings (EBIT) for 2010 also improved significantly and clocked up around EUR 1 million according to preliminary figures. This is an improvement of more than EUR 5 million against the losses of EUR 4.5 million incurred by ZMDI in the recessionary year 2009. At the end of 2010 ZMDI employed around 280 members of staff.

Thilo von Selchow, CEO of ZMDI: ZMDI is looking back on a successful year 2010. Even though some economic uncertainties remain, today we can say that we have overcome the effects from the recession year 2009 and are once again picking up on the revenue levels of the pre-economic-crisis years. We look very confidently ahead to our anniversary year 2011. Although the strong growth dynamic in our industry has slightly ebbed off, as was expected, we still can perceive a generally positive environment. 2011 got off to a good start, so that all in all we assume from today's perspective that we will continue improving revenues and earnings in the current year. For ZMDI one vital topic for the future will be 'power management'. Here we are working on new high-performance products that will create even more savings opportunities for electric power supply.

Steffen Wollek, CFO of ZMDI: To safeguard future growth over the long term with the new developments in the 'power management' sector, we are considering various financing options given the current development of interest rates. We are looking at all options, ranging from equity, credit and mezzanine financing through to placing a bond on the capital market.

50 years of ZMDI - 2011 anniversary takes cue from the Energy efficiency topic

Mr. von Selchow underlined that thematically the anniversary 2001 was fully taken up by the issue of energy efficiency. As far as innovative prowess is concerned, the historical roots were a commitment to the past and future alike.

Mr. von Selchow, verbatim: The basis for our success over the coming years lies with innovations that are capable of making a contribution toward our customers' environmental and climate protection. This way we will continue the company's 50 year success story in microelectronics. Over the last few years the issue of 'energy efficiency' has become more and more an integral part of our company's DNA. The work on the so-called 'green technologies' is a huge motivation for the entire team. 'Voracious power and energy hogs' are no longer in tune with the times. Our 150 developers are giving their all to put our customers in a position where they can make an active contribution to climate protection by lowering their fuel or power consumption. Today, energy efficiency is a genuine competitive criterion for many industries, including the automotive industry, industrial automation, and even medical technology and lighting. It is a byword for future viability.

ZMDI was founded in 1961 by Prof. Dr. Werner Hartmann in Dresden by the name Arbeitsstelle für Molekularelektronik (AME - Workplace for molecular electronics). Ever since the birthplace of Dresden has been termed the cradle of the semiconductor technology in Germany and Europe. In the following decades the company played a key role in the developments taking place in microelectronics and with its innovative thinking defined time and again new technological milestones in one of the world's most dynamic industries. In 2000 the company was turned into ZMD AG becoming a fully privatized enterprise. In 2007 ZMDI became one of the first companies in its industry to divest from its production. Its new business model of the fab-less company and its clear strategic focus on energy efficiency once more confirmed its role as innovation driver in microelectronics.