Press Release: Komax acquires majority holding in SLE quality engineering

Komax Holding AG / Komax acquires majority holding in SLE quality engineering . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Komax Wire's acquisition of SLE quality engineering expands its already extensive range and augments its expertise in processing wires for high-frequency data transmission in automobiles.

Komax has held a 30 percent stake in SLE quality engineering GmbH und Co. KG since March 2011. As part of an orderly succession process, Komax will now acquire a majority holding as of 1 January 2014. The company will be affiliated to the Wire business unit.

In view of SLE quality engineering's extensive expertise in the development and production of semi-automatic equipment for processing coaxial cables and four-wire lines, in micrograph laboratories and in crimp force monitoring systems, the company's products represent a further valuable extension of Komax Wire's already extensive product range. In return, Komax Wire will support SLE quality engineering by making available its acknowledged competencies in all areas of wire processing along with its global sales and service network.

For more information, please contact:

Marco Knuchel Phone +41 41 455 06 16 Head Investor Relations/Corporate Communications marco.knuchel@komaxgroup.com

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, for the production of modules for the photovoltaics market and for systems for the manufacture of self-medication solutions, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply, solar panel and pharmaceutical sectors. The Komax Group employs around 1350 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries

The media release can be downloaded from the following link:

Media release (PDF): http://hugin.info/100418/R/1745210/587388.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Komax Holding AG via Globenewswire

HUG#1745210

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Komax Holding AG

Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

http://www.komax.ch (END) Dow Jones Newswires

   November 27, 2013 01:00 ET (06:00 GMT)- - 01 00 AM EST 11-27-13