KBA-Grafitec and Adast Agree to Join Forces

WÜRZBURG, GERMANY/DOBRUSKA, CZECH REPUBLIC—04/30/08—Pending the approval of the competent authorities, KBA’s Czech subsidiary KBA-Grafitec in Dobruska is entering a strategic alliance with Adast in Adamov, near Brno.

According to the contracts signed by the two companies on 23 April in Dobruška, Adast discontinues the development, production and marketing of its own branded products to focus on providing KBA-Grafitec with parts and subassemblies. In return KBA-Grafitec will source a major proportion of its components from Adast. Other KBA production sites will also purchase from Adast where possible.