Magnetic strengthens its Group Management team

I am pleased to announce the appointment of Mr. Harald Feuerer as the Groups new Chief Technology Officer with effect of March 1st, 2008 reports Magnetic Autocontrol Group CEO Dieter Schwald."
Mr. Feuerer is the perfect fit to the board; he will be based at head office in Schopfheim and focus on the development of new advanced product solutions and the further expansion of our R&D and production resources.

Harald Feuerer, German, 50, brings many years of experience as a senior R&D executive in international high tech companies; his broad knowledge in SW, electronics, system engineering and process management besides proven leadership capabilities and a solid business track record will be great assets in his new role.
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