Press Release: SIKA WINS SWISS TECHNOLOGY AWARD

SIKA WINS SWISS TECHNOLOGY AWARD

Sika has won the Swiss Technology Award 2019 in the "Innovation Leaders"

category. It received the award for its new, high-performance adhesive

technology used in lightweight construction in the field of

transportation. The prize was awarded on November 21, at the Swiss

Innovation Forum in Basel in the presence of 1,000 decision-makers in

business, politics, science and the media.

Over one hundred companies competed for Switzerland's most important

technology prize, which is awarded annually by the Swiss Innovation

Forum. Sika was recognized by the jury for its innovative strength and

was awarded the prize for its latest innovation: SikaForce(R) Powerflex,

a new adhesive technology that combines the characteristics of elastic

and high-strength structural adhesives in a single product. SikaForce(R)

Powerflex was developed to meet the requirements of lightweight

construction in the field of transportation.

LIGHTER AND ENVIRONMENTALLY FRIENDLIER VEHICLES THANKS TO SIKA

One advantage of SikaForce(R) Powerflex is that it enables manufacturers

of cars, rail vehicles, buses and trucks to implement new, lighter, less

polluting vehicle concepts while maintaining body rigidity, good

elasticity -- and thus ideal mechanical characteristics. The mixed

materials used in production and bonded with SikaForce(R) permit a

reduction in vehicle weight, thus reducing energy consumption and

harmful emissions.

Frank Höfflin, Sika's Chief Technology Officer: "It is a great

honor for us to receive the coveted Swiss Technology Award, which

demonstrates Sika's innovative strength once again. Our aim is to offer

customers solutions with added value. With our prize-winning

SikaForce(R) Powerflex adhesive technology, we not only support faster

assembly processes, but also make a major contribution to meeting the

challenges of the future -- enabling lightweight construction, and thus

contributing to environmental friendliness in the transportation field."

HARDENING AT THE TOUCH OF A BUTTON

The new adhesive features "curing by design" technology. This extremely

fast-working curing technology can be triggered virtually at the touch

of a button and reduces the assembly time by up to 50%. OEMs and other

users can thus make their production processes much faster and more

efficient.

ABOUT THE SWISS TECHNOLOGY AWARD

In the context of the Swiss Technology Award every year, prizes are

awarded to outstanding technology-based innovations and developments

from start-ups, universities and universities of applies sciences, and

established companies.

This award is the most important distinction for innovation and

technology transfer in Switzerland. Adopted by the Swiss Economic Forum

AG in 2007, the Swiss Technology Award was presented for the 31st time

at the Swiss Innovation Forum 2019.

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

https://www.globenewswire.com/Tracker?data=spV9AYJqrruJST2p8mLomJtlxcC3pz9Z0XC1s2Fo92fAsIFhaR29FQ3QcIqCbmhFURhuTqcNBY2akmzhyNCxpunCFktFCi4num1ZqK4UFhkwgi7GC8mKrqhwt0OOz6wf

SIKA AG CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the

development and production of systems and products for bonding, sealing,

damping, reinforcing, and protecting in the building sector and motor

vehicle industry. Sika has subsidiaries in 101 countries around the

world and manufactures in over 300 factories. Sika's workforce of more

than 24,000 people generated revenues of CHF 3.7 billion in the first

half of 2019, and the company is forecasting full-year revenues of over

CHF 8 billion.

The media release can be downloaded from the following link:

-- Media Release

https://ml-eu.globenewswire.com/Resource/Download/f5c15505-c053-4d1b-84cb-8ab6b1c8faf1

(END) Dow Jones Newswires

November 22, 2019 01:00 ET (06:00 GMT)