New Managing Director for Elma China

He will start his position on January 1st, 2010. Mr. Steven Wei He replaces Mr. Arthur T. Wang who has decided to leave Elma Group to accept new professional challenges. He will resign as of January 31, 2010. Steven Wei He has proven expertise of management skills in the industry for many years. In the course of his career, he was employed with Murata Electronics (Singapore) Pte Ltd in Singapore in a leading position over a period of 7 years. During this time, he graduated the Master of Business Administration (MBA) at the University of Singapore. His profound knowledge in economics as well as his experiences in a multiple culture environment will help him to further develop the Elma subsidiary in China successfully and in a goal-oriented manner.