DGAP-Adhoc: Balda AG: Balda AG: New Supervisory Board taking office


Balda AG / Key word(s): Change of Personnel/AGM/EGM

03.07.2009 20:50

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


Balda AG: New Supervisory Board taking office

– Dino Kitzinger new Chairman of Supervisory Board

– Mark Littlefield Vice Chairman and Thomas J. Leonard new full member of

Supervisory Board

Bad Oeynhausen/Bielefeld, 3 July 2009 – In Bielefeld the annual general

meeting of Balda AG, listed in the Prime Standard Segment of the German

Stock Exchange, has elected three new members to the Supervisory Board of

the company with clear majority. In the future, the Board will consist of

Dino Kitzinger, Munich, Mark Littlefield, San Jose, California/USA, and

Thomas J. Leonard, Holland, Michigan/USA. Kitzinger is an independent

management consultant. Littlefield is Managing Partner at the solar and

semiconductor manufacturer BluePoints Controls, Inc. Leonard is President

of Optera, Inc., a touch coatings company. In the constitutive meeting

following the annual general meeting the Supervisory Board elected Dino

Kitzinger as its Chairman and Mark Littlefield as Vice Chairman.

Rainer Mohr will succeed as Chief Financial Officer (CFO) and sole member

of the Board of Directors following Dr. Dirk Eichelberger, who resigned as

CEO and sole member of the Board of Directors with effect as of the end of

the annual general meeting.

With respect to item 5 on the agenda ‘Election of the Auditor for the

Financial Year 2009′ the annual general meeting followed the proposal by a

shareholder to appoint Deloitte & Touche GmbH

Wirtschaftsprüfungsgesellschaft as auditor for the financial year 2009.

* * *

Company profile Balda AG

The Balda Group develops and produces highly integrated devices comprising

plastic and electronic components, primarily for the telecommunications

sector. In addition, the company manufactures high-tech equipment such as

headphones and hands-free sets.

The future is derived from past experience. Balda has developed an active

culture of continuous transformation through the traditions established

within the hundred years of its existence. Since its founding, innovation

and technology have been the significant driving forces of progress and the

guarantors of corporate success. Today, Balda is an internationally

positioned high-tech company with innovative products and a high

performance capacity.

Balda AG, which is registered in the Prime Standard on the German Stock

Exchange, services international brand-name clients in the mobile

telecommunications sector, medical technology and other similar markets.

The Group produces close to its customers’ locations in the expanding

growth markets. With three production facilities, the Group has a strong

position in China and Malaysia. Within the framework of a shareholding in a

leading producer of touch screens in China, Balda is participating in the

dynamic development in the touch-sensitive display sector.

The vision was and is clear: Balda will strengthen its technological

innovations potential and further expand in the promising growth regions of

Asia. Balda will thus achieve the conditions for profitable growth and a

sustainable increase in added value.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2604. Email: croehl@balda.de, Internet:


* * *

This ad hoc announcement includes ‘forward-looking statements’ which are

based on the current expectations of the management of Balda. They are

subject to risks and uncertainty because they relate to events and depend

on circumstances that will occur in the future, such as, for example,

developments in the mobile communications industry, changes in technology

and the ability to timely and successfully develop new products and various

other factors. Balda does not undertake any obligation to update publicly

or revise forward-looking statements except to the extent legally required.

This ad hoc announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States or

elsewhere. The shares in Balda AG (the ‘Shares’) may not be offered or sold

in the United States or to or for the account or benefit of U.S. persons

(as such term is defined in Regulation S under the U.S. Securities Act of

1933, as amended (the ‘Securities Act’)) unless registered under the

Securities Act or pursuant to an exemption from such registration. The

Shares have not been and will not be registered under the Securities


Balda AG, Clas Röhl, Phone: +49 5734 922 2728, Fax: +49 5734 922 2604.

Email: croehl@balda.de, Internet: www.balda.de

03.07.2009 DGAP’s Distribution Services include Regulatory Announcements,

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Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service