LION E-Mobility AG subsidiary LION Smart GmbH set to triple turnover

14.12.2015

Garching, Germany – December 14th, 2015 – The Swiss Holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) announces, that its subsidiary LION Smart GmbH is set to more than triple turnover in 2015 compared to the previous year. Thus the expected doubling of turnover, which was announced by the end of the second quarter, will be far surpassed. As result of well filled order books and a brightening market situation, the management expects a continuation of LION Smarts rapid growth in 2016.

Disclaimer

This presentation contains forward-looking statements that involve a number of risks and uncertainties, including statements that relate to, among other things, the Company’s objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this presentation, whether as a result of new information, future events or otherwise, except as required by law.