Information letter about the current situation regarding corona virus

Dear customers
Dear business partners

In view of the current situation, we would like to provide you our assessment of the impact on our business of the spread of the corona virus (CoVid19).

From both a human and business perspective, we view and deal with the spread of the virus with concern, sympathy and prevention. Unfortunately, we cannot say what long-term effects or how long the spread of the virus will continue.

At the present time, our ability to supply traser® and trigalight® brand products is in no way affected. Due to the high internal added value, we have manageable supply chains and these are intact or secured by inventories. However, due to the situation in Asia, we see a time lag in the introduction of new products of our traser® watch brand. We are in close contact with our suppliers here.

Our employees are regularly informed about the current status of information on the pandemic and they have been trained in the necessary hygiene and rules of conduct. We have set up a pandemic team and made organizational preparations for the pandemic.

Business trips and trade fair participations have been cancelled until further notice. The company mb-microtec ag is doing everything possible to ensure that its own operations are not affected. For the time being, it is not foreseeable that internal production would have to be reduced or discontinued in terms of capacity.

Nevertheless, we cannot completely rule out supply bottlenecks in the future. Impairments outside our sphere of influence, e.g. in the freight sector (air and sea freight) are possible. We therefore ask that possible demands be passed on to us as early as possible in order to ensure their supply even if the situation worsens. We will continue to follow the situation and the reports concerning the virus closely. Should the situation around the virus affect our products and/or ability to deliver in any way, we will inform you promptly.

We thank you for your understanding and for taking note.