In order to be prepared for its continuing successful development in the years to come, Contrinex has reinforced its management team by

- winning a top manager from a global market leader as Chief Business Officer
- completing succession planning, as the 2nd generation joins the Managing Board

Friedrich Keglowich, 54, is joining the Contrinex AG Managing Board on February 1, 2010. In the role of Chief Business Officer (CBO), he will head up International Sales, Marketing and Product Management with the support of the teams already in place.

After completing a degree in electrical engineering, Mr Keglowich worked for BBC AG (now ABB) for over 10 years and then changed to SICK AG, where, in his capacities of Managing Director and Industrial Sensors Division Manager, he contributed considerable towards the success and phenomenal growth of this company in the past 20 years.

Annette Heimlicher, 32, daughter of the company founder, is also joining the Managing Board on February 1, 2010. She will remain in charge of Corporate Development, where she will continue to be responsible for the company's global expansion and strategic development.

Ms Heimlicher holds a Master's degree in economics from London School of Economics as well as a further Master's degree from the University of Geneva. She was previously active as Associate Director at the World Economic Forum in Geneva.

Company founder Peter Heimlicher, 64, will remain as CEO and President of Contrinex AG.