Press Release - Uster Technologies

Not for distribution in the USA, Australia, Canada or JapanUster Technologies with significant revenue growth in 2006 and first half-year 2007Top line growth for the financial year 2006 amounted to 14% based on strong demand for the Group’sproducts in Asia. Uster Technologies Ltd has seen a continuation of this trend in the first six months of 2007.The operational margin in 2006 has increased from 21% to 28% based on strong operating leverage, a levelconfirmed in the first half of 2007.January to June(unaudited)As of December 31In CHF Thousands 2007 2006 2006 2005Gross sales .................... 95,760 70,825 163,900 143,651EBITA ............................. 26,711 17,640 46,193 30,729EBITA margin .............. 27.9% 24.9% 28.2% 21.4%Employees (FTE) 519 487 490 468IPO data Uster Technologies LtdPrice rangePrimary offeringSecondary offeringBase offeringOver-allotment optionFree-floatListingTicker symbolISINIndicative timetableBookbuildingCHF 45.00 to 57.00 per shareCHF 106 million (1,859,649 – 2,355,556 shares)CHF 63 – 80 million (up to 1,397,502 shares)CHF 169 – 186 millionCHF 16.9 – 18.6 millionApprox. 51 – 54% (pre over-allotment option)Approx. 56 – 60% (post fully exercised over-allotment option)SWX Swiss Exchange, Main BoardUSTNCH0034331535October 8, to October 18, 2007, 12 noon CETPublication of offer price and first trading day Planned for October 19Settlement and closing Planned for October 24Uster Technologies LtdUster Technologies Ltd is a leading supplier of quality controlling systems for the textile industry. Thecompany provides testing and monitoring instruments, systems and services that allow optimization of qualitythrough each individual stage of textile production; from the raw textile fiber, such as cotton, wool or syntheticfilament yarns, to the final finished fabric. Uster Technologies Ltd provides benchmarks that are a basis forthe trading of textile products at assured levels of quality across global markets.The Group is headquartered in Uster, Switzerland and operates through a worldwide Market Organizationcomplemented by Technology Centres. It has sales and service subsidiaries in the major textile markets andTechnology Centres in Uster (Switzerland), in Knoxville (USA) and in Suzhou (China). In 2006, UsterTechnologies Ltd generated net sales of over CHF160 million, an operating profit of over CHF 45 million anda net result of CHF 30 million, with a workforce of approximately 490 employees.Uster Technologies Ltd was founded in 2003 following the acquisition of Zellweger Uster by the managementand funds advised by two private equity investment companies. In 2006, Uster Technologies Ltd wasacquired by its Management, headed by Dr Geoffrey Scott, CEO, who continued to lead the company, andfunds advised by Alpha Beteiligungsberatung & Co. KG.*****2/3