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DGAP-News: First Sensor Expands Packaging Services for Computer Tomography Experts

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor Expands Packaging Services for Computer Tomography Experts

19.02.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


First Sensor Expands Packaging Services for Computer Tomography Experts

- 20% quantity increase announced

- Anticipated sales volume for 2019 of EUR10 million

- New whitepaper: "Insider's Guide to Medical Imaging Sensors and Arrays: The Five Things You Must Know"

In response to the strong demand for imaging procedures, First Sensor AG - a developer and manufacturer of standard products and customer-specific sensor solutions - is expanding its integrated manufacturing services for an international medical technology group in the field of computer tomography. The company announced that it would increase the required quantity by 20% in 2019. The supply agreement will lead to an anticipated sales volume of EUR10 million.

First Sensor entered into its partnership with the medical technology manufacturer back in 2003. At its development and production site in Weißensee, Berlin, First Sensor uses its mounting and connection technology for detector array boards and ceramics for a new generation of high-resolution computer tomographs and has been the preferred supplier since approval for series production in 2013. Key factors behind this increase include not only the close supply relationship, but also its expertise in the composition of optical sensors. "Not every company is capable of precisely placing more than one thousand connections with such precision on a PCB. This is why the key customer is keen to expand our partnership," says Dr. Dirk Rothweiler, CEO of First Sensor AG.

To achieve this increased volume, the Weißensee site is introducing two-shift production operations as well as implementing process-optimization measures and increasing the number of measuring stations. Imaging procedures are a growth driver for the sensor specialist. Last year, First Sensor increased sales in the field of medical imaging from about EUR16 million to around EUR19 million.

To inform medical technology manufacturers about the challenges relating to the packaging for imaging systems, First Sensor has published the new whitepaper "Insider's Guide to Medical Imaging Sensors and Arrays: The Five Things You Must Know." Key aspects here include the high-precision placement of components, miniaturization of products, clean room production, the handling of products and materials, and interconnection expertise. The whitepaper is available for download here (PDF).

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces standard products and customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Based on tried-and-tested technology platforms, we develop products from single chips to complex sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive growth extremely rapidly in the future. First Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

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19.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

777145  19.02.2019 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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