Tornos expands its technical capabilities

Tornos Holding S.A. is acquiring the patents and know-how for a new machine concept that will enable to surface-treat machined parts. The acquisition responds to a major market need by enabling Tornos Group customers to increase their own share of the value-added chain, shorten their production cycles and directly deliver finished parts. This acquisition is in line with the Group's general strategy of evolving from a machine builder into a system provider.

Tornos Holding S.A. is purchasing the technology by acquiring the fledgling company that holds the intellectual property rights to the new concept. The transaction price is 300,000 shares in Tornos Holding S.A. which will be issued from authorized share capital.

Moutier, 11 February 2011

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