New Value AG: Rolf Wägli takes new stance regarding his board memberships

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19.07.2011
Concentration of strengths and resources - Rolf Wägli, the founder and Chairman of the Board of Directors of New Value AG, is taking a new approach regarding his mandates as a company director and will in future concentrate his resources on his responsibilities as a member of the boards of New Value AG and of Solar Industries AG, New Value AG’s largest investment. Rolf Wägli will therefore resign from the Board of Directors of Meyer Burger Technology AG, which is listed on SIX, and of Boga

After the recently announced change in New Value AG’s strategy, its founder and chairman Rolf Wägli will devote more of his time and attention to the activities of New Value AG, in particular, to the implementation of the investment company’s redefined strategy and to the corporate development of Solar Industries AG (www.solarindustries.ch). The newly established subsidiary SI Module AG, Langenthal, will soon begin construction of its advanced module manufacturing site in Langenthal and its subsidiary SI Solutions AG, Niederurnen, will be responsible for marketing Solar Industries’ products throughout Switzerland. Rolf Wägli: “The time is ripe for this concentration of resources. There are excellent business opportunities for a well-positioned, internationally active solar company such as Solar Industries AG. We aim to contribute to a sustainable energy future through our participation in Solar Industries AG and plan to spread its slogan, “Be part of the solution” throughout the world.”

With regard to his resignation from the Board of Directors of Meyer Burger Technology AG, Rolf Wägli remarks: “As a co-founder and the long-standing chairman of 3S Swiss Solar Systems AG, I was able to make certain during the course of the past 18 months since the merger with Meyer Burger Technology AG last year that the 3S group companies were successfully integrated into the technology group. Meyer Burger has now rounded out its offering as a solar equipment manufacturer by taking over Roth & Rau Group in Germany. It is very well positioned for the future. The Board of Directors of Meyer Burger Technology AG is highly qualified to guide the company into the future. It is hard to leave this extremely fascinating field but I also look forward to applying my resources and experience toward the development of young and promising start-ups.”

Bogar AG (www.bogar.ch) has been managed by Peter Hänsli, an executive with many years of experience in the field of animal feed and veterinary care, for the past year. Business is going well. Bogar AG has successfully brought new products to market in recent months and it boasts a strong product pipeline. Its marketing and sales activities in Switzerland and the surrounding countries are strategically well positioned and on track to meet the sales targets for the current year.

Information about New Value AG
New Value is the pioneer for sustainable direct investments in young and rapidly growing Swiss companies. New Value, listed on SIX Swiss Exchange, invests directly in promising private companies in Switzerland and Germany with substantial market and growth potential. New Value provides growth capital to fund the innovative business models of these companies and guidance in advancing their corporate development. The portfolio is invested in companies at different stages of development, ranging from the market launch phase to medium-sized enterprises with stable profits. The portfolio consists of companies active in the Cleantech and Healthcare sectors. New Value is committed to sustainability and attaches great importance to ethical business concepts and good corporate governance.

Contact New Value AG Tel. +41 43 344 38 38
Rolf Wägli Tel. +41 43 344 38 38, waegli@newvalue.ch
Information/ www.newvalue.ch Email: info@newvalue.ch

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