May 2004 - Change of Managing Director

Upon almost 19 years of occupational activity as ManagingDirector of STEMMANN-TECHNIK GmbH on April 30, 2004 Hans-JoachimKorth(on the left) went into his well-deserved retirement.

Michael Bostelmann (in the middle), Managing Director of Fandstan ElectricLtd. emphasized the excellent work Hans Korth did in his job since 1985for STEMMANN-TECHNIK GmbH.

By the specific concentration on products for energy-and data transferof moving machines the company grew to a worldwide leading manufacturein this market segment.

Michael Bostelmann thanked Hans Korth for his efforts for STEMMANN-TECHNIKGmbH and beyond that for the success of the Fandstan-Electric Group.

Since May 01, 2004 Michael Grunwald (on the right) is responsible forSTEMMANN-TECHNIK GmbH as the new Managing Director.