euro adhoc: A-TEC Industries AG / Management Changes / A-TEC Industries AG signs memorandum of understanding (MoU) on the acquisition of turbine manufacturer Franco Tosi Mecchanica

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Company Information/Franco Tosi Mecchanica

09.10.2007

Vienna, 9 October 2007 - A-TEC Industries AG (ISIN AT00000ATEC9)
today signed a memorandum of understanding on the acquisition of the
operations of Franco Tosi Mecchanica (FTM) in Legnano, Italy.

Franco Tosi Mecchanica is a leading manufacturer of gas, steam and
hydraulic turbines, and other power station equipment. The current
owner, the Casti Group has decided to sell the Franco Tosi turbine
business in order to focus on its core activities — manufacturing
castings and stampings for the motor and engineering industries.

The acquisition is planned for November 2007, after clearance has
been received from the competition authorities. Franco Tosi
Mecchanica is to be included in A-TEC´s Plant Construction Division.

FTM has currently about 600 employees at the Legnano site, and
revenue was EUR 85 million (m) in 2006. With order backlog at EUR
170m, full capacity utilization is given until 2009.

Commenting on the transaction, A-TEC Industries CEO Mirko Kovats
said: "Entering the turbine business will represent a major advance
towards becoming a full-line gas and steam power generation systems
supplier. The planned acquisition will also present many
opportunities for us in the hydro power market."

end of announcement euro adhoc 09.10.2007 07:59:00
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ots Originaltext: A-TEC Industries AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
A-TEC INDUSTRIES AG
Wächtergasse 1, A-1010 Wien
www.a-tecindustries.com

Investor Relations contact:
Gerald Wechselauer
Head of Investor Relations
Phone: +43 1 22760 - 130
Mobile: +43 (0)664 6104475
Email: gerald.wechselauer@a-tecindustries.com

Press contact:
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Phone: +43-1-71786-107
E-Mail: claudia.mueller@pleon-publico.at

Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade