DGAP-News: Softing AG: New order from the world's largest pump manufacturer

DGAP-News: Softing AG: New order from the world's largest pump manufacturer

ID: 179003

(firmenpresse) - DGAP-News: Softing AG / Key word(s): Incoming Orders
Softing AG: New order from the world's largest pump manufacturer

30.08.2012 / 10:42

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Softing: New order from the world's largest pump manufacturer

Dissemination of a Corporate News, transmitted by DGAP - a company of
EquityStory AG. The issuer is solely responsible for the content of this
announcement.

The Industrial Automation division of Softing AG will deploy its new
FPGA-based module in GRUNDFOS' communication devices supporting the
existing portfolio of advanced pump solutions. An annual production of more
than 16 million pumps makes GRUNDFOS the world's largest pump manufacturer.

'We are proud to support GRUNDFOS with these modern and highly flexible
communication modules. Following the recent successes of our Automotive
Electronics division I am particularly delighted how this deal clearly
shows the growth potential of our Industrial Communications division ',
says CEO und Softing shareholder Dr. Wolfgang Trier.

For Softing this framework agreement running over a period of several years
will result in direct additional sales in the 7-digit Euro range. On top of
that the resulting proof of competence will have significant positive
effects on other potential key customers. The main volume of the combined
hardware and software products will be effective from 2013 on. The
additional sales volume of this deal will be another strong support element
of Softing's growth strategy.

About Softing:
Softing AG is a globally operating management holding. Softing companies
provide hardware and software products within its Industrial Automation and
its Automotive Electronics divisions. In close cooperation with its
customers, Softing develops high-end technology products based on industry




communication standards as well as individual solutions. Softing is
operating in growth industries with both divisions. Softing has set the
objective to continue its profitable expansion with double-digit growth
rates.

Responsible for the content of the dissemination:
Dr. Wolfgang Trier
Tel: +49 (0) 89 45656 0


End of Corporate News

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30.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations(at)softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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183498 30.08.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 30.08.2012 - 10:42 Uhr
Sprache: Deutsch
News-ID 179003
Anzahl Zeichen: 6353

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Kategorie:

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