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MEDIA INFORMATION


HOLDER looks ahead into a successful future —
HOLDER takes off with new shareholders from 1st October 2008

Metzingen, 30th September 2008: Since Monday evening, 22 o'clock, it is official. The wellestablished company HOLDER from Metzingen starts with new shareholders in the coming financial year 2008 / 2009. Insolvency Administrator Jürgen Sulz and Managing Director Andreas Frisch were glad to inform about these positive developments in an extraordinary all staffmeeting on Tuesday afternoon.

New shareholders are from Baden-Wuerttemberg

The new shareholders are as HOLDER itself, from Baden-Wuerttemberg and are well-versed business developers and successful entrepreneurs. Two of the three shareholders will actively advising the company in the future.

The shareholders

Mr. Martin Haas is in the management board of the Staufen AG. The company, with headquarters in Köngen is one of the leading consultancies in Germany for lean management and process excellence. In many cases the Staufen AG could prove this expertise of achieving sustainability and a productive Corporate Development for customers and in own joint ventures.

In the past Dr. Christoph Weiss took the responsibility for the development of well-known manufacturers of branded goods to leadership companies. This experience he will actively involve into the company.

With Dr. Carl-Heiner Schmid Germany's largest and most successful craftsperson with over 3.000 employees is sitting in the circle of shareholders. The businessman stands for market leadership and continuous success.

Presentation of the shareholders

On an all-staff meeting on Wednesday afternoon the three new shareholders pointed out, that the basis for the strong brand HOLDER already exists. Excellent products with a clear competitive differentiation, a qualified and a highly motivated team, is associated now with the change- and development expertise and performance of the new shareholders.

Clear market positioning, partnerships with a strong dealer network and excellent processes in development, order processing, production and service are counted among to the concrete action program from 1st October 2008.

By signing the purchase contract, the job creation company is ensured

By the sale of HOLDER to the new shareholders, Insolvency Administrator Jürgen Sulz was able to secure 90 jobs in the company. The 42 employees with resigned contracts to 30th September can be taken to the established ad hoc job creation and reskiling company over a period of 12 months.

With clearly defined aims HOLDER gathers way under full speed into the future.

HOLDER shareholders

The new shareholders, from the right to the left:
Mr. Dr. Carl-Heiner Schmid
Mr. Martin Haas
Mr. Dr. Christoph Weiss
Mr. Andreas Frisch, Managing Director Company Holder (left-most in the picture)

For further information:

Germany
Holder Industries GmbH
Stefan Heinzelmann
Daniel Pfeiffer
Marketing Department
Max Holder-Straße 1
72555 Metzingen
Tel. 07123/966-288 -221
Fax 07123/966-213
E-Mail: s.heinzelmann@holder-gmbh.com; d.pfeiffer@holder-gmbh.com
Internet: www.holder-gmbh.com

North America
HOLDER of North America
Tel. 613-821-4171; 888-872-2867
E-Mail: info@holder.on.ca