VIA optronics AG announces plans for a shared services center

NUREMBERG, Germany–(BUSINESS WIRE)–VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a leading provider of interactive display systems and solutions, today announced plans for a service center shared in the Philippines.

The Company plans to consolidate its administrative and global services in its subsidiary in the Philippines. The consolidation is expected to both generate synergies and reduce costs, while allowing VIA’s global sites to focus on critical functions such as operations and customer support in an effort to accelerate revenue from products and solutions. of the society.

Jürgen Eichner, CEO and Founder of VIA optronics AG, said, “We are making great strides in our efforts to improve both efficiency and our competitiveness at VIA’s global sites, as demand for our solution portfolio and interactive display and sensor services continues to grow. This consolidation is a key step, using digitalization to consolidate our global reporting systems. It will be particularly effective in China, where we continue to see significant growth opportunities in the automotive, industrial and consumer end markets. Consolidation will free up resources to seize these opportunities, allowing us to capitalize on this tremendous local growth potential.

About VIA:

VIA is a leading provider of interactive display solutions for multiple end markets where superior functionality or durability is a critical differentiator. 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 intense ambient light, vibration and shock, temperature extremes and condensation. VIA’s interactive display systems combine system design, interactive displays, software functionality, cameras and other hardware components. VIA’s portfolio of intellectual property, process know-how, optical bonding, metal mesh touch sensors and camera module technologies deliver enhanced display solutions designed to meet the specific needs of its customers. .

Forward-looking statements

Statements in this press release regarding 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 start and closing dates of transactions. The words, but not limited to, “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 identification words or similar words. Forward-looking statements are based largely on our current expectations and projections regarding future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, operations and business goals in the short term. and long term and our 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 in 3. “Key Information – D. Risk Factors,” in our Annual Report on Form 20-F filed with the Securities and Exchange Commission. United States. In addition, new risks appear from time to time. It is not possible for our management to predict all risks, nor to assess the impact of all factors on our business or the extent to which any one factor, or combination of factors, may cause results actual differ significantly from those contained in the forecasts. – 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 by the forward-looking statements. We therefore caution you not to rely on these forward-looking statements, and we qualify all of our forward-looking statements with these cautionary statements. All 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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