Funkwerk AG / Contract 10.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Funkwerk subsidiary to implement first major project in India - alpha meÃ-steuer-regeltechnik chosen to automate pellet plant for steel factory in Jamshedpur, commissioning of process control system by May 2010 - Contract worth several millions of euros Kölleda/Jamshedpur, 10 November 2009. Funkwerk AG (ISIN DE0005753149) is due to implement its first major project in India. Its subsidiary alpha meÃ-steuer-regeltechnik has been commissioned to handle the automation of a pellet plant required for iron ore supply in one of the steel factories of TATA Steel in Jamshedpur. The order volume is estimated to range in the middle single-digit millions of euros. The contract involves all engineering, the provision of software and hardware, and the production of control cabinets including initial operation on site in Jamshedpur. 'We have prevailed against some very strong international competition here. The project in Jamshedpur finally gives us the chance to prove our efficiency in the Indian market,' Managing Director Frank-Ulrich Porz of alpha meÃ-steuer-regeltechnik said. Work on the project has already commenced, the process control systems is scheduled to be commissioned by May 2010. The client and partner of the Funkwerk subsidiary is Outotec GmbH from Oberursel near Frankfurt, one of the global leaders in the design and construction of raw material and metal processing plants. 'The project in Jamshedpur enables us to consolidate our existing cooperation but at the same time provides a joint reference for international business,' Porz describes a further aspect of the project. Steel factory extended - largest iron ore pellet plant to be built in India The end client, TATA Steel, is one of the largest steel producers in the world and has set itself the target to increase the capacities of its main factory in Jamshedpur to 10 million tonnes per year by 2011. In this context, it is also planning to build the largest iron ore pellet plant in India. Delivering and commissioning the necessary management systems is one of the key competences of alpha meÃ-steuer-regeltechnik. With almost 30 years of experience in this area, the Funkwerk subsidiary has all the know-how needed to successfully execute international plant construction projects in the area of measurement and control technology, its application spectrum steadily increasing beyond energy and gas supply, chemicals and pharma to include other industrial sectors. alpha meÃ-steuer-regeltechnik is part of the Traffic & Control Communication segment of Funkwerk AG. Further information on Funkwerk AG: Based in Kölleda near Erfurt, Funkwerk AG develops, produces and markets professional communication systems used in vehicles, transport and other companies and institutions. With its four segments Traffic & Control Communication (communication, management and information systems for transport and industry), Automotive Communication (communication equipment for vehicles), Enterprise Communication (network and telecommunication solutions for businesses), and Security Communication (personal security and messaging systems, video monitoring, property protection), Funkwerk occupies a strategically excellent position in future markets. With over 1,500 employees, the Funkwerk group generated sales of around EUR290m in 2008. For further information contact: Funkwerk AG Im Funkwerk 5 99625 Kölleda/Thuringia Germany Jörg Reichenbach Investor Relations Telephone: 0 36 35/6 00 -3 46 Fax: 0 36 35/6 00 -5 07 reichenbach@funkwerk.com Sebastian Brunner communications+consulting Tel: 0175/5604673 fsbrunner@aol.com 10.11.2009 Financial News distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Funkwerk AG Im Funkwerk 5 99625 Kölleda Deutschland Phone: +49 (0)3635 600 0 Fax: +49 (0)3635 600 507 E-mail: info@funkwerk.com Internet: www.funkwerk.com ISIN: DE0005753149 WKN: 575314 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Funkwerk AG: Funkwerk subsidiary to implement first major project in India
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