LEITNER TECHNOLOGIES IS BACK IN THE SNOWMAKING MARKET

Leitner Technologies has purchased 100% of the Swedish company Lenko Snow AB, Inc. along with developing an active participation with the South Tyrolean snowmaking company Demac.

The purchase of Lenko includes its Austrian, Italian, US and Canadian subsidiaries including a facility in Queensbury, New York.

As is generally known, the Leitner group unifies ropeways, snow groomers, utility vehicles, urban transport systems and wind energy under one roof and has already been operating in the field of snowmaking facilities since the 1980s. High level synergies and International locations characterize this company. The global orientation of Leitner Technologies, and thus the opportunity to use International sites, represents a special advantage in the future for both Lenko and Demac. This new partnership provides the opportunity to have one supplier for the entire winter technology and to be able to meet customer and service requirements in a more efficient way.

LEITNER TECHNOLOGIES. A name that unites globally competitive high-tech companies under one roof. Established in 1888 as a machine shop, the company from Sterzing in South Tyrol/Italy is now one of the world's leading manufacturers of ropeways ( ski lifts, scenic chair lifts, etc.) under the trade name LEITNER ROPEWAYS. Over the last few decades the group has also expanded successfully into the market for snow groomers. Thanks to its advanced technologies combined with forward-looking design, PRINOTH plays a leading role on the world market and offers the worlds most complete range of snow groomers. In February 2009, PRINOTH enlarged its field of activities by acquiring the Camoplast Track Machine Group of the Canadian Camoplast Inc. The tracked utility vehicles are developed and produced for the following applications: Transport, Tool Carrier, Public Works and Vegetation Management. These are the "Alpine" business sectors of LEITNER TECHNOLOGIES.

Under the LEITWIND brand name the LEITNER Group also produces wind turbines. The fourth business division is called MiniMetro and takes the concept of automatic people mover systems from the mountains to the metropolises. The first example is the MinMetro which traverses the historical old city of Perugia/Italy. It is expected to set new trends in urban public transport.

The Demac company, which is based in Selva, Italy, was established by Roland Demetz in 1990 and offers a wide range of products and services pertaining to the field of technical snowmaking including both lances as well as fan-type snowguns. Demacs professional competence in the construction of snowmaking facilities was demonstrated as official supplier of the complete snowmaking equipment for the alpine world ski championships held in St. Moritz in 2003.

Lenko was established in 1955 in Östersund, Sweden. In the late 1970s development of the snowmakers began and the first model was brought on the market in 1983. Almost 10,000 snowmakers have been manufactured and delivered worldwide since then. The main Lenko factory is located in Östersund and Lenko also has a network of branches in Europe, North and South America, Asia and Australia. Lenko has established itself on the global market thanks to its innovative snowmakers and the complete solution for snowmaking facilities. Lenko, is the operator of a facility in Queensbury New York for sales, service and parts and is the supplier of the world ski championships in Garmisch.

Leitner Technologies achieved an annual turnover of approximately 700 million euro in 2010 and employs globally over 2,700 staff members.