March 27 (Reuters) - SINGULUS TECHNOLOGIES AG  SNGGk.DE :
    * TEMPORARILY REDUCES BUSINESS OPERATIONS AND AGREES
SHORT-TIME
WORK
    * SUPERVISORY BOARD, EXECUTIVE BOARD AND MANAGEMENT WAIVE 20
% OF
FIXED COMPENSATION FOR THREE MONTHS
    * COVID-19 PANDEMIC RESULTS IN SHORT-TIME WORK AT SINGULUS
TECHNOLOGIES
    * AS OF TODAY, COMPLETION OF EXISTING LARGE ORDERS AND
FORECASTS
WITH RESPECT TO FINANCIAL TARGETS OF CO FOR CURRENT BUSINESS
YEAR REMAIN UNAFFECTED BY THESE DECISIONS
    * WE WILL CONTINUE TO SERVICE AND ATTEND TO OUR CUSTOMERS
    * SALES & MARKETING ACTIVITIES AS WELL AS CUSTOMER SERVICES
ARE
CONTINUED

Source text for Eikon:  ID:nEQ5Vg3Vta 
Further company coverage:  SNGGk.DE 

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