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Tecan Group AG: Tecan announces change in Management Board

Tecan Group AG / Tecan announces change in Management Board. Processed and
transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible
for the content of this announcement.
Männedorf, Switzerland, December 14, 2016
- The Tecan Group (SIX Swiss Exchange: TECN) announced today that Dr. Stefan
Traeger has informed the company, that he will be leaving Tecan to become
Chief Executive Officer of another publicly listed company. Stefan Traeger
has been Head of the Life Sciences Business division and member of the
Management Board since July 2013. He will leave Tecan by no later than the
end of June 30, 2017.

Tecan's Board of Directors and CEO thank Stefan Traeger for his strong
engagement and the important service of developing Tecan's Life Sciences
Business and wish him all the best for the future.

About Tecan

Tecan ( is a leading global provider of laboratory instruments
and solutions in biopharmaceuticals, forensics and clinical diagnostics. The
company specializes in the development, production and distribution of
automated workflow solutions for laboratories in the life sciences sector.
Its clients include pharmaceutical and biotechnology companies, university
research departments, and forensic and diagnostic laboratories. As an
original equipment manufacturer (OEM), Tecan is also a leader in developing
and manufacturing OEM instruments and components that are then distributed by
partner companies. Founded in Switzerland in 1980, the company has
manufacturing, research and development sites in both Europe and North
America and maintains a sales and service network in 52 countries. In 2015,
Tecan generated sales of CHF 440 million (USD 459 million; EUR 411 million).
Registered shares of Tecan Group are traded on the SIX Swiss Exchange (TECN;
ISIN CH0012100191).

For further information:

Tecan Group

Martin Braendle
Vice President, Communications&Investor Relations
Tel. +41 (0) 44 922 84 30
Fax +41 (0) 44 922 88 89

Press Release

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tecan Group AG via Globenewswire

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