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Unedited press release follows:
SINGULUS TECHNOLOGIES Exceeds Last Year’s Orders Received for Blu-ray Production Lines
May 18, 2011
Kahl am Main, May 18, 2011 – SINGULUS TECHNOLOGIES AG (SINGULUS) announces a high number of incoming orders for its Blu-ray Disc production line BLULINE II. More than 30 systems have been ordered during the current business year. Hence the number of purchase orders has exceeded the accumulated orders received in the last year already in May 2011.
The manufacturing plants have been working worldwide to full capacities during Christmas trade. In its ‘Blu-ray Disc Replication Report’ in November 2010 the market research institute Futuresource Consulting announced that the global Blu-ray production increased sharply in the year 2010. For the next couple of years the analysts at Futuresource Consulting forecast a further rise in the Blu-ray production. The required production capacity for the manufacturing of Blu-ray Discs is set to nearly triple and to amount to more than 3.0 billion discs until 2014.
Therefore SINGULUS expects further incoming orders for the systems BLULINE II and CRYSTALLINE during the next weeks. The development of this market is clearly aimed at growth.