2nd December 2010 For immediate release Oerlikon Textile signs as Platinum Sponsor of World Textile Summit 2011 Oerlikon Textile, the world’s biggest textile‐machinery manufacturer, with a turnover around US$2 billion, is to be the lead sponsor of the World Textile Summit, a high‐level business conference scheduled to take place in Barcelona, Spain, in September 2011. The ITMA‐ITMF World Textile Summit (www.worldtextilesummit.com) is a one‐day event, bringing together textile‐industry leaders and some of the world’s most influential thinkers and policymakers in strategically important fields such as economics, trade, technology and sustainability. It sets out to deliver an inspirational, forward‐looking agenda, comprising expert presentations and interactive panel discussions, designed to offer a global perspective on the opportunities and challenges that face the textile industry in the years ahead, and providing delegates with new ideas to maintain their success in the textile manufacturing and supply chain. Oerlikon Textile, a leader in advanced technologies for textile production, has signed an agreement to be the Summit’s Platinum Sponsor. Headquartered in Germany and part of the Swiss‐based Oerlikon Group, the company’s operating divisions are: Oerlikon Barmag, which makes spinning and texturizing systems for manmade fibre; Oerlikon Neumag, which makes BCF carpet yarn, synthetic staplefiber and nonwovens equipment; Oerlikon Saurer, a manufacturer of twisting and embroidery systems; Oerlikon Schlafhorst, which makes spinning equipment for staplefiberyarn; and Oerlikon Textile Components. The Summit, whose keynote speakers include Kofi Annan, former Secretary‐General of the United Nations, will take place on September 21st at the Palau de Congressos de Catalunya in Barcelona, one day ahead of the opening of the ITMA 2011 textile‐machinery show in the same city. It is the first joint initiative between CEMATEX (the European Committee of Textile Machinery Manufacturers) and the International Textile Manufacturers Federation (ITMF), and is being organised in partnership with the World Textile Information Network (WTiN) and international event organiser MP International. Thomas Babacan, CEO of Oerlikon Textile, said: “Oerlikon Textile is proud to sponsor the first World Textile Summit and, with the combined weight of both ITMA and the ITMF behind it, we are confident we can look forward to a successful event.”
Mark Jarvis, managing director of WTiN, who secured the deal during a visit to Oerlikon Textile in Remscheid, Germany, said: “We greatly welcome the involvement in the Summit of such an outstanding company as Oerlikon Textile, whose enthusiastic support is bound to make a major contribution to the success of this landmark conference. Oerlikon Textile's endorsement of the Summit as Platinum Sponsor underlines the key status of the event in the textile calendar for 2011.” End CAPTION: Oerlikon Textile CEO Thomas Babacan (left) signs the Platinum Sponsorship agreement, accompanied by WTiN managing director Mark Jarvis. About ITMA ITMA, the world's largest international textile and garment machinery show, is recognised as the 'Olympics' of the textile and garment machinery industry. Held every four years at different venues across Europe, it is owned by CEMATEX, the European textile machinery manufacturers association. www.itma.com About ITMF The International Textile Manufacturers Federation (ITMF) is an international association for the world’s textile industries, dedicated to keeping its worldwide membership constantly informed through surveys, studies and publications and through the organisation of annual conferences, participating in the evolution of the industry’s value chain and publishing considered opinions on future trends and international developments. www.itmf.org About WTiN World Textile Information Network (WTiN), formerly known as World Textile Publications (WTP), is a global textile news and information provider whose beginnings can be traced back more than a century. Its magazines are recognised for their authority and market‐ leading coverage and in recent years it has developed a complementary range of electronic media and special publications. This clear industry focus means WTiN has become an integral part of the textile community, providing the highest‐quality information and now leveraging an innovative online technology platform to deliver next‐generation strategic intelligence for textile industry executives. www.wtin.com About MP International Established in 1987, MP International specialises in organising exhibitions, conferences and special events. The group has organised and managed some 300 national, regional and international events, including the Asia‐Pacific Economic Cooperation (APEC) 2009 Leaders' Week. It is a leading international organiser of trade exhibitions, including ITMA and ITMA
Asia. MP International is headquartered in Singapore with a global footprint across Asia and Europe. www.mpinetwork.com About Oerlikon Oerlikon (SIX: OERL) is a leading high-tech industrial group specializing in machine and plant engineering. The Company is a provider of innovative industrial solutions and cutting-edge technologies for textile manufacturing, thin-film coating, drive, vacuum, solar energy systems and advanced nanotechnology. A Swiss company with a tradition going back 150 years, Oerlikon is a global player with around 16,000 employees at 157 locations in 36 countries and sales of CHF 2.9 billion in 2009. The Company invests more than CHF 200 million annually in R&D, with over 1,200 specialists working on future products and services. The operative businesses rank either first or second in their respective global markets. www.oerlikon.com
About Oerlikon Textile The business units of Oerlikon Textile are the market leaders in virtually every technology area. With their innovations, they are continuously setting new standards for the global textile production. They provide comprehensive overall solutions in the sector of textile machinery and plant manufacture: From the plant design for the production of man‐made and nonwoven fibres up to facilities for ring spinning, rotor spinning, winding, twisting or embroidery, they cover the entire value added chain in the textile sector. www.oerlikontextile.com www.worldtextilesummit.com For more information, please contact: Miss Trine Nielsen World Textile Information Network Tel: +44 1274 378800 Email: tnielsen@wtin.com