Spirt Avert AG Annual General Meeting

The Annual General Meeting of Avert AG took place yesterday in Zurich. Shareholders representing 63% of the voting rights were asked to express themselves in connection with the published agenda items. The change of name from Spirt Avert AG to MINDSET HOLDING AG was approved unanimously.

All three members of the Board were re-elected. Furthermore, the Meeting endorsed the renewal of the authorised capital for the planned capital increase.

Lorenzo R. Schmid, Chairman of the Board, outlined the business environment of MINDSET HOLDING AG in the context of the company’s move in the direction of electromobility.

Daniel Buchter, CEO and member of the Board, summarised the past year, the Group’s business plan and the current status of the series production of the mindset vehicle.

Stephan Hartmann, chief engineer of mindset ag, gave a brief presentation on the technologies used in the drive system of the mindset electric car. Afterwards, shareholders and guests had an opportunity to test-drive the vehicle on the Zürichberg.

As a consequence of the name change Spirt Avert AG will trade under the name MINDSET HOLDING AG as of 10 June 2009. According to Swiss Exchange (SIX) the ticker symbol MIND.

Full Press Release (.pdf)

For further information please contact:

Mr. Lorenzo Schmid, Chairman of the Board
Phone +41 41 368 98 38
lorenzo.schmid@mindsetholding.ch

About MINDSET HOLDING AG:

MINDSET HOLDING AG is the listed entity of mindset ag

mindset is a new type of automobile that sets itself apart – both technically and aesthetically – from conventional automotive concepts. Mindset is the first European electric vehicle that was designed fundamentally for everyday use. It stands out for its high level of energy efficiency. The development and marketing of the zero-local-emission-vehicle mindset constitutes the core activity of the company.

The market for a reliable, zero-emission-vehicle based on proven technology has been long documented and is being supported at government level. The pent-up demand from the public for a “politically-correct car” is enormous.

To change your user profile or to unsubscribe from our mailing list, please send an email to investor@mindsetholding.ch. For more information about MINDSET HOLDING AG and further press releases, please visit our website www.mindsetholding.ch. For more information about mindset ag, please visit our website www.mindset.ch.

Contacts for investors

Would you like press releases sent to your e-mail or fax?
Subscribe >