Claudio Zinetti is leaving the company with effect from July 31, 2008

Horgen, May 16, 2008 – Claudio Zinetti, with Schweiter Technologies since 1992 and Chief Purchasing Officer since 1998, is leaving the company with effect from July 31, 2008. Following many years of successful service, he will be taking on a new challenge outside the Schweiter Technologies Group. The Board of Directors and Group Management would like to thank him for his extraordinary contribution and wish him every success in his future tasks.