VIA optronics AG Continues to Drive Growth at its Nuremberg Headquarters
24 Maio 2022 - 7:30AM
Business Wire
Employee headcount exceeds 200 with additional
growth potential
VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a
leading provider of interactive display systems and solutions,
today announced that the growth of its corporate headquarters and
production site in Nuremberg, Germany now exceeds 200 employees as
the Company makes progress towards finalizing the ongoing
production ramp up.
In 2021, VIA added a new production building adjacent to its
headquarters and started ramping up mass production in its
automotive production line, which the Company expects to reach the
planned capacity during the second quarter. The Company has added
staff in critical areas such as engineering, quality control,
supply chain management and production.
As previously announced, in the initial production phase of its
automotive production line, VIA optronics will be able to produce
approximately 10,000 display units per month. The initial
production phase is dedicated completely to a leading U.S. based
luxury electric vehicle (EV) manufacturer. The total capacity at
the Nuremberg facility is approximately 60,000 product units per
month, depending on the product size and type.
Jürgen Eichner, Chief Executive Officer and Founder of VIA
optronics AG, commented, “I am very pleased with our progress as we
finalize the ramp up of our new automotive production line at our
Nuremberg headquarters. This growth exemplifies our leading brand
and position as a strong high-tech employer in the region. We will
continue to look for new talent to join our growing team and try to
execute on our expansion plans, despite the semiconductor shortage,
lockdowns in China and other supply-chain-related challenges. We
believe this not only demonstrates our flexibility and diligence
but also our innovative capacity as we set our sights on our
potential for growth ahead.”
About VIA:
VIA is a leading provider of interactive display solutions for
multiple end markets in which superior functionality or durability
is a critical differentiating factor. Its customizable technology
is well-suited for high-end markets with unique specifications and
demanding environments that pose technical and optical challenges
for displays, such as bright ambient light, vibration and shock,
extreme temperatures, and condensation. VIA’s interactive display
systems combine system design, interactive displays, software
functionality, cameras, and other hardware components. VIA’s
intellectual property portfolio, process know-how, optical bonding,
metal mesh touch sensor and camera module technologies provide
enhanced display solutions built to meet the specific needs of its
customers.
Further information on the Company can be found in its Annual
Report on Form 20-F for the year ended December 31, 2021 (the
“Annual Report”), which the Company has filed with the U.S.
Securities and Exchange Commission. You can access a PDF version of
the Annual Report at VIA’s Investor Relations website,
https://investors.via-optronics.com/investors/financials-and-filings/sec-filings/default.aspx.
A hard copy of the audited consolidated financial statements can
also be requested free of charge by contacting the investor
relations team via the information provided below.
Forward-Looking Statements
Statements in this press release about future expectations,
plans and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute
“forward-looking statements.” These statements include, but are not
limited to, statements relating to the expected trading
commencement and closing dates. The words, without limitation,
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“intend,” “may,” “plan,” “potential,” “predict,” “project,”
“should,” “target,” “will,” “would” and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these or similar identifying
words. Forward-looking statements are based largely on our current
expectations and projections about future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy, short-term and long-term business
operations and objectives, and financial needs. These
forward-looking statements involve known and unknown risks,
uncertainties, changes in circumstances that are difficult to
predict and other important factors that may cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statement, including, without
limitation, the risks described under Item 3. “Key Information—D.
Risk Factors,” in our Annual Report on Form 20-F as filed with the
US Securities and Exchange Commission. Moreover, new risks emerge
from time to time. It is not possible for our management to predict
all risks, nor can we assess the impact of all factors on our
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements we may make. In light
of these risks, uncertainties and assumptions, the forward-looking
events and circumstances discussed in this release may not occur
and actual results could differ materially and adversely from those
anticipated or implied in the forward-looking statements. We
caution you therefore against relying on these forward-looking
statements, and we qualify all of our forward-looking statements by
these cautionary statements. Any forward-looking statements
contained in this press release are based on the current
expectations of VIA’s management team and speak only as of the date
hereof, and VIA specifically disclaims any obligation to update any
forward-looking statement, whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20220524005371/en/
Investor Relations for VIA optronics: Lisa Fortuna Sam
Cohen Alpha IR Group VIAO@alpha-ir.com Phone: +1 312-445-2870
Media: Alexandra Müller-Pl�tz
AMueller-Ploetz@via-optronics.com +49-911-597 575-302
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