ROFIN-SINAR Responds To Letter From Silver Arrow Capital Advisors LLP

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ROFIN-SINAR Technologies Inc.
RSTI
, one of the world's leading developers and manufacturers of high-performance laser beam sources and laser-based solutions, today issued the following statement in response to a letter from Silver Arrow Capital Advisors LLP. The Board and management team of ROFIN-SINAR Technologies Inc. are committed to executing on our strategic plan to drive growth and profitability. This effort is gaining momentum, as evidenced by our very strong financial results for the most recently reported fiscal quarter, in which we doubled year-to-date net income, increased our gross margin to nearly 40% and showed strong sequential sales growth in fiber and ultra-short pulse lasers. We remain confident that our existing growth strategy will continue to deliver attractive value to all shareholders. We also welcome input from all shareholders towards our common goal of enhancing shareholder value.
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