Schweizer Electronic AG (SCHWEIZER) and Zollner Elektronik AG (Zollner)
announce strategic partnership in the field of power embedding

EQS-News: Schweizer Electronic AG / Key word(s): Alliance/Agreement
Schweizer Electronic AG (SCHWEIZER) and Zollner Elektronik AG (Zollner)
announce strategic partnership in the field of power embedding

24.06.2024 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Schweizer Electronic AG (SCHWEIZER) and Zollner Elektronik AG (Zollner)
announce strategic partnership in the field of power embedding

  * Innovation through collaboration between two technology leaders in the
    microelectronics ecosystem

* Design-in collaboration for p² Pack® embedding technology

  * Multiplication of applications, markets, applications and customers for
    both partners

Schramberg / Zandt, Germany, June 24, 2024: To achieve a CO2-neutral world
and an All-Electric Society, where electricity is the primary energy source,
innovations like high power densities, reduced losses and system cost
advantages are essential. However, the All-Electric Society also requires
innovation and collaboration among companies working in these very
technology areas to achieve a sustainable transition to energy efficiency.
Two traditional companies in the microelectronics ecosystem are now forming
a strategic partnership in the field of power embedding. The common goal - a
proven increase in efficiency - will be achieved with the p² Pack® embedding
technology and its possible applications. This will create added value for
the industrial and automotive markets and thus for climate protection and
our society.

The power embedding partnership for Schweizer Electronic AG's p² Pack®
technology is a design-in collaboration that operates at multiple levels,
from design support to system provider. The cooperation will enable a wider
range of customers to gain access to power embedding technology. Zollner
will provide customers with the support they need to move from traditional
designs to embedding design in their products to maximize the technology's
benefits. The partnership will also enable Zollner to integrate the
technology directly into its own applications. This partnership is a
significant growth opportunity for both companies, fostering the development
of new applications and expanding their customer base.

Schweizer Electronic AG's p² Pack® is a power embedding technology that
integrates SiC chips directly into printed circuit boards. All applications
requiring high power switching can benefit from the advantages of this
technology. The most important applications are in the conversion between DC
and AC systems. These systems are increasingly confronted with higher power
requirements and with expectations for high energy efficiency, maximum
reliability and long service life. Schweizer Electronic AG has already been
able to demonstrate the superior performance, advantages, and savings that
this technology brings to the market in recent years: the patented
cutting-edge technology contains both extensive development experience and
technological depth, which is already being used in series production by
major Tier-1 companies in Europe.

Nicolas-Fabian Schweizer, CEO of Schweizer Electronic AG, is looking forward
to the future partnership and collaboration: "Zollner will benefit from our
expertise in complex PCB and chip embedding while we will gain from their
extensive application knowledge as a leading European EMS service provider.
This synergy is a powerful multiplier for both companies and creates the
best conditions for innovation! Both family owned, based in Southern Germany
and highly specialized, this partnership is a natural fit!" Nicolas
Schweizer is the 6th generation to lead the family business of the same
name, which is headquartered in Schramberg and has five locations worldwide.
SCHWEIZER is one of Europe's largest suppliers of printed circuit boards and
embedding technologies, with a portfolio that includes RF & sensor
technology, logic circuits and various technologies for power electronics
technologies, including p² Pack.

Ludwig Zollner, CEO of Zollner Elektronik AG, is optimistic about the future
collaboration: "We see SCHWEIZER as a partner with whom we can offer our
European customers a first-class service. Power embedding is an important
topic for the future and we are convinced that we will be able to use the
synergy effects resulting from the cooperation to offer our customers added
value. We look forward to working together and using the innovative power
embedding technology to implement challenging projects!"

Image


Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=download2_file&code_str=08ed00412ff3353fc862b8d8abd0352e
Image title: IMG_4678_be

Caption: Ludwig Zollner and Nicolas-Fabian Schweizer signing the contract in
Zandt.
Image source: Zollner Elektronik AG

Contact Press SCHWEIZER
Lisa Jeske
Schweizer Electronic AG
Einsteinstraße 10
D-78713 Schramberg
Phone: +49 7422 / 512-104
Mail: lisa.jeske@schweizer.ag
Visit our website: www.schweizer.ag
Pictures: Schweizer Electronic AG | Flickr


About SCHWEIZER

Schweizer Electronic AG offers the latest, cutting-edge technology and
consultancy expertise in the PCB industry. Thanks to its state-of-the-art
production facilities in Schramberg, Germany and Jintan, China as well as
close partnerships with other technology leaders, SCHWEIZER provides
individual PCB & Embedding solutions. SCHWEIZER's innovative PCB
technologies are used in the most demanding applications, for example, in
the Automotive, Aviation, Industry & Medical and Communications & Computing
sectors, and are characterised by their extremely high quality and
energy-saving and environmentally-friendly features.

The company was founded by Christoph Schweizer in 1849 and is listed at the
Stuttgart and Frankfurt Stock Exchanges (ticker symbol "SCE", "ISIN DE
000515623").

About Zollner

As an Electronics and Mechatronics Service Provider in the Electronics
Manufacturing Services (EMS) area, Zollner Elektronik AG is the market
leader in Europe and one of the largest employers in Eastern Bavaria.
Established in 1965 as a one-man-operation, the family-owned company has
developed through organic growth into a global player with more than 13,000
employees at 24 locations worldwide and belongs among the top 15 EMS
providers in the world.

Our offers for Electronics Manufacturing Services cover the entirety of the
product life cycle: from Research & Development through to After-Sales
Service - in accordance with your requirements, either individual services
or complete, all-round service. Its customers include top global companies
as well as smaller and medium sized companies from seven different sectors.


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24.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Schweizer Electronic AG
                   Einsteinstraße 10
                   78713 Schramberg
                   Germany
   Phone:          07422-512-301
   Fax:            07422-512-397
   E-mail:         ir@schweizer.ag
   Internet:       www.schweizer.ag
   ISIN:           DE0005156236
   WKN:            515623
   Listed:         Regulated Market in Berlin, Dusseldorf, Frankfurt
                   (General Standard), Stuttgart; Regulated Unofficial
                   Market in Tradegate Exchange
   EQS News ID:    1931669

End of News EQS News Service
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1931669 24.06.2024 CET/CEST