Press Release: Schweiter: Acquisition of PNG Balsa completed

Schweiter Technologies / Acquisition of PNG Balsa completed . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Horgen, June 30, 2015 - Schweiter Technologies' acquisition of PNG Balsa in Papua New Guinea, as announced on October 30, 2014, was closed as of June 30, 2015.

PNG Balsa specialises in the planting, harvesting and processing of balsa wood used primarily as a core support material within wind power turbine blades and for the marine market. With this acquisition, 3A Composites is further strengthening its leadership position in the core material business and is securing its future supply of balsa wood for the wind power industry and new areas of application.

For further information please contact:

Martin Klöti, CFO

Tel. +41 44 718 33 03, fax +41 44 718 34 51, martin.kloeti@schweiter.com

Schweiter Technologies AG, Neugasse 10, CH - 8810 Horgen, Switzerland

Telefon +41 44 718 33 03 Fax +41 44 718 34 51 info@schweiter.com

www.schweiter.com

Please find the Media release in the PDF attached:

Media release (PDF): http://hugin.info/100347/R/1932943/695609.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Schweiter Technologies via Globenewswire

HUG#1932943

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Schweiter Technologies

Neugasse 10 Horgen Switzerland

ISIN: CH0010754924;

http://www.schweiter.com (END) Dow Jones Newswires

   June 30, 2015 12:00 ET (16:00 GMT)- - 12 00 PM EDT 06-30-15