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Changes to the Board of Directors

Horgen, December 17, 2010 – Schweiter Technologies AG announces changes to the Board of Directors. Dr. Hans Widmer, born 1940, is retiring from the Board of Directors in May 2011 after 25 years.

The Board of Directors will propose to the Annual General Meeting on May 12, 2011 that Dr. Lukas Braunschweiler, born 1956, CEO of the RUAG Group, be elected to the Board of Directors as a new member. Discussions are being held with further candidates.


Current Board member Beat Siegrist, born 1960, is to be elected new Chairman. He was Group CEO until mid-2008 and following the sale of Schweiter’s optics division to Essilor moved to the latter company’s Executive Committee. Dr. Heinz Baumgartner will remain CEO of Schweiter Technologies.