EANS-News: Balda AG / New Balda-CEO is optimistic for 2011

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Company Information

Bad Oeynhausen (euro adhoc) - New Balda-CEO is optimistic for 2011

Rainer Mohr expects figures in the black in the operating business
"The Balda-Group will generate a positive operating result in the
fiscal year 2011." Rainer Mohr, the new Director of the Board is
convinced of this. The Supervisory Board and Board of Directors have
a clear strategy and agreement on defined measures for every segment
of the Group. New leadership in MobileCom segments in China and the
Electronic Products segment in Malaysia have introduced measures for
further restructuring. By the end of the first half-year Mohr will
take further incisive decisions if necessary.

"If we cannot turn around the MobileCom business, we are ready for a
clean break", says Mohr. The Electronic Products segment has already
made progress in the second half-year of 2010. In addition it
possesses promising innovative products. Balda Medical is developing
well too. Located in Germany, in Bad Oeynhausen, the Segment won a
further big contract at the beginning of the year and will show a
significant growth in turnover and earnings. For the forecast
strategic growth in the Medical segment the new Balda-CEO is
optimistic: "We are on target. I expect a final decision by the end
of the first half-year." " We have done our homework. Particularly in
China we will continue to work with high pressure. The first measures
are already in place. The Balda-Group has the financial resources to
consistently implement its plans", says Mohr.

*** Company Profile Balda AG The Balda Group develops and produces
complete plastic assemblies, electronic products and products for the
medical industry. The customers of Balda are leaders in business from
the mobile, entertainment and electronic communications as well as
pharmaceutical and medical technology markets. The group has an
international position with product sites in China, Malaysia and
Germany. A subsidiary in the United States serves North American
customers in product design and development. As part of a
shareholding in a leading manufacturer of touch screens in China,
Balda participates in the dynamic touch screen displays market. * * *
Further inquiry note: Balda AG, Clas Röhl, Tel: (05734) 922 - 2728,
Fax: (05734) 922 - 2604, E-Mail: croehl@balda.de, Internet:
www.balda.de * * * This corporate news announcement contains
forward-looking statements, which are based on the current
expectations of Balda´s management. They therefore contain a range of
risks and uncertainties because they relate to future events and
depend on circumstances that will occur in the future, such as, for
example, developments in the mobile communications industry, changes
in technology and the ability to timely and successfully develop new
products and various other factors. Balda will neither revise these
forward-looking statements nor correct them in the event of any
unexpected development, unless there is a legal obligation to do so.
This corporate news announcement represents neither an offer to buy
shares nor an invitation to submit an offer to buy shares in the
United States or any other country. The shares in Balda AG (the
"shares") may not be offered or sold in the United States or to or
for the account of U.S. persons (as defined in Regulation S of the
U.S. Securities Act of 1933, in its current version (the "Securities
Act")), unless they are registered or are exempt from registration
under the Securities Act. The shares have not been and will not be
registered under the Securities Act.

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

Further inquiry note:

Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade