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German Solar Supplier Purchases Romaric

July 1, 2009 / Hohenstein-Ernstthal

Solar Holding Inc., a US subsidiary of Roth & Rau AG, is acquiring 100% of the shares in Romaric Corporation, a company based in Salt Lake City, USA. Founded in 2001, Romaric specializes in manufacturing execution systems (MES) and has extensive experience in the field of software automation for highly standardized manufacturing companies, including in particular companies in the semiconductor industry. Romaric’s customers include AMD, Applied Materials and Intel. With its innovative products, Romaric is able to simulate virtual factories in the planning stage already and long before completion of construction work, as well as testing software interfaces without the hardware to be controlled having to be physically installed. The purchase price agreed consists of a low single-digit million US dollar sum.

By integrating Romaric Corporation, the Roth & Rau Group is extending the range of products and services it offers to customers in the photovoltaics sector and is at the same time boosting its presence and network of locations in the highly promising US solar market. Romaric is a longstanding US partner of Roth & Rau’s group subsidiary AIS Automation Dresden GmbH.

“The acquisition of Romaric fits perfectly into our growth strategy. We have learned to respect Romaric as a reliable partner in various projects and are impressed by the services it offers to manufacturing companies in highly standardized markets, such as the US semiconductor industry”, commented Dr. Dietmar Roth, CEO of Roth & Rau AG.

“By making this takeover, we are expanding our international presence in the field of factory automation, a strategically important business area not only for our turnkey production lines, but also for the management of our individual equipment business. Together with our subsidiary AIS Automation Dresden, Romaric will make a key contribution towards standardizing the photovoltaics industry in this area”, explained Carsten Bovenschen, CFO of Roth & Rau AG and also responsible for IT at the Group.