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Unaxis sells its Mecanovis manufacturing business

Pfäffikon SZ, October 1, 2004 - In a further move to focus core businesses in thin film and vacuum technology, Unaxis sold its Mecanovis AG manufacturing operation to Liechtenstein-based Büchel Holding AG on September 30, 2004.

Mecanovis comprises the former manufacturing activities of Balzers AG, and employs around 200 people producing mechanical components and subassemblies. The move to join forces with another Büchel Group company, CNC Mechanik AG in Ruggell, will establish a major parts supplier in the Rhine Valley/Liechtenstein region. The new ownership structure assures a sustainable development path for Mecanovis; operations at the company’s Trübbach location will continue as before.

This media release is based on information currently available to management. The forward-looking statements contained herein could be substantially impacted by risks and influences that are not foreseeable at present, so that actual results may vary materially from those anticipated, expected or projected.

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