DGAP-News: UET United Electronic Technology AG strengthens Management for upcoming development

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that Antje Lobisch will strengthen the existing management of the UET Group as new CFO (Chief Financial Officer).

After studying business administration, Antje Lobisch career included positions at DZ-Bank and the Swedish SE Banken, with managerial responsibility in the areas of corporate finance as well as interest and currency management.

After further positions in Fintech's and the automotive supplier Vibracoustic with responsibility for treasury and investment management, Antje Lobisch is now responsible for the development of the entire financial area of the UET Group and all group companies.

Important main objectives will be the development of the financial strength of the group for international growth as well as the improved positioning on the capital market.

"As the de facto only system supplier for public telecommunication networks in Germany, we have invested massively in new technologies, products and markets in recent years, despite COVID. We are working for and with our customers on setting up 5G networks, 5G campus solutions and optical gigabit applications. With this development we have to focus more on the further development of our financial position. With broad experience, dynamism and understanding of technology-driven international business development, Antje Lobisch strengthens our team perfectly, and exactly at the right time," says chairman of the board Werner Neubauer.

Contact:

UET United Electronic Technology AG

D-65760 Eschborn, Frankfurter Straße 80-82

Investor Relations

Sebastian Schubert

Tel: + 49 (0) 6196 777755-0

E-Mail: [email protected]