STEMMER IMAGING enters the North American market with the acquisition of
Phase 1 Technology Corp.

EQS-News: STEMMER IMAGING AG / Key word(s): Acquisition/Expansion
STEMMER IMAGING enters the North American market with the acquisition of
Phase 1 Technology Corp.

28.03.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Puchheim, March 28, 2024

STEMMER IMAGING enters the North American market with the acquisition of
Phase 1 Technology Corp.

Puchheim, March 28, 2024 - As part of its strategic expansion efforts,
STEMMER IMAGING AG (ISIN DE000A2G9MZ9 / GSIN A2G9MZ) has signed an agreement
to acquire 100% of the shares in Phase 1 Technology, New York, USA.

Phase 1 Technology is a leading distributor specializing in machine vision
with focus on the North American market. The acquisition is expected to be
completed in the second quarter 2024.

With STEMMER IMAGING already active outside Europe in Mexico and Latin
America, the company is now targeting the North American market. With this
step, STEMMER IMAGING is meeting the demand of significant existing
customers for a physical presence in the USA. At the same time, the company
is counting on above-average growth prospects for its value-added offerings
in both industrial and non-industrial application areas. STEMMER IMAGING
regards Phase 1 Technology as a targeted platform investment for the
expansion of existing customers and the acquisition of new customers.

Arne Dehn, CEO of STEMMER IMAGING AG, comments: "We see our current entry
into the North American market at exactly the right time, as the increasing
regional fragmentation of the global economy is creating enormous openings.
To seize these opportunities, we look forward to working with the
experienced team led by Rusty Ponce de Leon."

Founder and President of Phase 1 Technology and past Chairman of the
Association for Advanced Automation, Rusty Ponce de Leon explains:
"Personally, I am very pleased that we as Phase 1 Technology are now the
platform to actively drive the consolidation process in the North American
vision market, which has long been seen as an inevitable occurrence. We are
convinced of STEMMER IMAGING's systems house concept as an innovative
value-added offering and see it as an excellent basis for our customers and
suppliers to achieve joint success."


About STEMMER IMAGING
STEMMER IMAGING is the leading international systems house for machine
vision technology.

With a background of all-round engineering expertise, STEMMER IMAGING
delivers the entire spectrum of machine vision services for both, industrial
and non-industrial applications - from value-added services to the
development of subsystems and its own products, based on an extensive
commercial range of products.


Contact:

STEMMER IMAGING AG
Michael Bülter
Chief Financial Officer
Gutenbergstr. 9-13
82178 Puchheim
Germany
Phone +49 89 80902-196
ir@stemmer-imaging.com
www.stemmer-imaging.com


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28.03.2024 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:        STEMMER IMAGING AG
                   Gutenbergstr. 9-13
                   82178 Puchheim
                   Germany
   Phone:          +49 89 80902-196
   E-mail:         ir@stemmer-imaging.com
   Internet:       www.stemmer-imaging.com
   ISIN:           DE000A2G9MZ9
   WKN:            A2G9MZ
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1868199

End of News EQS News Service
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1868199 28.03.2024 CET/CEST