EANS-News: Sunways AG / Management team of Sunways Production GmbH strengthened

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Company Information/Management Changes

Konstanz (euro adhoc) - Konstanz/Germany, 19 July 2010 - Sunways AG
(FSE: SWW; ISIN DE0007332207) has announced changes to the management
team of Sunways Production GmbH: at the company´s wholly-owned
subsidiary in Arnstadt/Thüringen, high-quality mono- and
multicrystalline silicon solar cells are produced by approx. 150
employees. Rainer Lausen will join the firm´s management and, after a
transition period, take over the tasks of Dr. Arnd Boueke who
transferred to the Kostanz site for personal reasons. In future, Dr.
Boueke will head the development activities of Sunways AG in the area
of solar cells. Jörg von Strom, member of the Management Board of
Sunways AG, will continue to be Managing Director of Sunways
Production GmbH.

Rainer Lausen is a graduate engineer and started his career in the
semi-conductor production of Philips. In subsequent positions, inter
alia in the automotive supply industry, he also gained extensive
experience in relation to new manufacturing technologies and the
optimization of production processes. Most recently, Lausen was
Director Operations at Ersol Solar Energy and in charge of the solar
cell production. "Being a convinced advocate of photovoltaics, I am
very happy to join the management team of one of the best European
solar cell manufacturers. I want to make a contribution towards
strengthening and further expanding the position of Sunways as a
benchmark in terms of quality and efficiency among European
companies," said Lausen with respect to his joining Sunways.

Michael Wilhelm, Chairman of the Management Board of Sunways AG, told
the employees in Arnstadt: "I would like to express my thanks to Dr.
Boueke for his many years of successfully working on the development
of the Group´s Arnstadt plant and its solar cell production
activities. I am pleased that, in the person of Mr. Lausen, we have
found a very competent successor with substantial industry
experience. I am convinced that Dr. Boueke and Mr. Lausen are
outstanding experts who will further expand the technological
leadership of Sunways in the solar cell production sector. I wish
both of them every success in their new tasks."

This press release and and pictures are also available on
www.sunways.eu/de.

About Sunways Sunways AG, Konstanz/Germany, stands for consistent use
of solar energy to secure long-term energy supply of man in an
efficient and sustainable manner. Sunways offers technological
competence, performance and highest quality - from single components
to complete solar systems.Since its foundation in 1993, Sunways AG
evolved into a technology leader in the photovoltaics industry
serving international markets. With silicon-based solar cells,
inverters, solar modules and solar systems, the company offers all
components required for high-yield photovoltaic power generation.
With photovoltaic solutions tailored to customers´ needs (transparent
and coloured solar cells, building- integrated photovoltaic
installations), Sunways turns exceptional ideas into reality. Sunways
Production GmbH in Arnstadt/Germany is a subsidiary of Sunways AG; in
addition, the group has own branch offices in Barcelone/Spain and
Bologna/Italy. In 2009, Sunways AG with about 320 employees realised
sales of about EUR 180 million.The shares of Sunways AG are listed at
the Frankfurt Stock Exchange (SWW, ISIN DE0007332207). For further
information, please visit www.sunways.eu/de.

end of announcement euro adhoc
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ots Originaltext: Sunways AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Dr. Harald F. Schaefer

Head Corporate Communications & Investor Relations

Tel.: +49 (0)7531 996 77-415

E-Mail: communications@sunways.de

Branche: Alternative energy
ISIN: DE0007332207
WKN: 733220
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade