HSN Hansen Tran.

 
TIDMHSN 
 
Hansen Transmissions International NV announces: 
  * Appointment of a new Chief Operating Officer 
  * New Chief Financial Officer starts today 
 
 
Edegem/Antwerp, Belgium - London, UK - 1 September 2010 - Hansen Transmissions 
International NV ("Hansen", "the Group" or "the Company") is pleased to announce 
the appointment of Mr. Mohan Nagamangala Srinivasan as Chief Operating Officer 
("COO") of the Company. 
 
Mohan, 48, was one of the first executives hired by Hansen in India in November 
2007. He joined as executive Director of Hansen's Wind Gearbox Plant in 
Coimbatore, India. As an executive Director and member of the Board of Hansen 
Drives Ltd, a subsidiary of Hansen Transmissions, he has been key to the 
successful development of the Coimbatore manufacturing facility. Previously, 
Mohan had more than 20 years experience in the automotive component industry, 
holding senior management positions in companies including Visteon, as MD in 
Thailand and MICO, a Bosch company. His work has focused on improving 
operational efficiency and the successful completion of major capital investment 
projects in both auto components and renewable energy, both in India and 
internationally. 
 
Mohan will be based in Belgium and will join the Executive Committee of Hansen 
Transmissions International NV. He replaces Cliff Dawson who has decided to 
retire on 1 November 2010. 
 
Alex De Ryck, Chief Executive Officer said: "I would like to thank Cliff for his 
valuable contribution to Hansen, particularly in further improving the Group's 
operational processes and for successfully implementing new quality systems in 
Hansen's Wind Gearbox plants in Belgium, India and China. I am confident that 
Mohan, with his excellent track record in the automotive component industry and 
his proven achievements within Hansen, is the right person to take over from 
Cliff. He brings dynamism and experience to the role and I look forward to 
working with him in his new position, where he will be responsible for 
increasing operational efficiency, with a continued focus on quality, cost and 
delivery at Hansen's wind gearbox manufacturing facilities". 
 
 
Jan Willem Ruinemans starts as CFO 
 
In addition, Hansen confirms that Jan Willem Ruinemans starts as CFO of the 
Company today. 
 
 
 
For further information, please contact: 
 
+--------------------------------------------------------+ 
| Hansen Transmissions International NV                  | 
|                                                        | 
| Investor Relations                                     | 
+--------------------------------------+-----------------+ 
| Hans Ooms                            | +32 3 450 58 62 | 
| De Villermontstraat 9                |                 | 
| 2550 Kontich - Belgium               |                 | 
| hans.ooms.ir@hansentransmissions.com |                 | 
| http://ir.hansentransmissions.com/   |                 | 
+--------------------------------------+-----------------+ 
 
+---------------------------------------------+ 
| Investors & Analysts                        | 
| Maitland                                    | 
+--------------------------+------------------+ 
| Sarah Hamilton           | +44 20 7395 0464 | 
| shamilton@maitland.co.uk |                  | 
+--------------------------+------------------+ 
 
+---------------------------------------------+ 
| Financial Press                             | 
| M:Communications                            | 
+--------------------------+------------------+ 
| Eleanor Williamson       | +44 20 7920 2339 | 
| Williamson@mcomgroup.com |                  | 
+--------------------------+------------------+ 
 
 
About Hansen Transmissions 
 
Hansen Transmissions International NV is an established global wind turbine 
gearbox and industrial gearbox designer, manufacturer and supplier, with a 
leading position (by MW supplied) in the wind turbine gearbox market. The 
Company supplies gearboxes to the world's major manufacturers of gear-driven 
wind turbines and provides durable gear drives for a wide range of industrial 
applications throughout the world. Both Hansen's wind energy and industrial 
activities have established dedicated international service networks. In 
addition to its principal state-of-the-art manufacturing facilities located in 
Flanders, Belgium - i.e. a wind turbine and industrial gearbox plant and a fully 
integrated, dedicated wind turbine gearbox manufacturing facility - Hansen has a 
production plant for wind turbine gearboxes in Coimbatore, India and an assembly 
and testing plant for the Chinese market, located in Tianjin, China. As such, 
Hansen plans to increase its wind turbine gearbox manufacturing capabilities 
from 8,500 MW per annum in the financial year 2010 to 14,300 MW in financial 
year 2013. Strong in-house R&D operations maintain Hansen's technological 
leadership and the Company employs approximately 2,200 people worldwide. 
 
http://www.hansentransmissions.com/en/ 
http://ir.hansentransmissions.com/ 
 
Forward Looking Statements 
This press release may include statements that are "forward-looking statements". 
In some cases, these forward-looking statements can be identified by the use of 
forward-looking terminology, including the terms "believes", "estimates", 
"forecasts", "plans", "prepares", "projects", "anticipates", "expects", 
"intends", "may", "will", "should" or other similar words. Forward-looking 
statements may include, without limitation, those regarding Hansen's financial 
position, business strategy, plans and objectives of management for future 
operations (including development plans and objectives relating to Hansen's 
products) and the wind turbine and gearbox markets. Such forward-looking 
statements involve known and unknown risks, uncertainties and other factors 
which may cause the actual results, performance or achievements of Hansen, or 
industry results, to be materially different from any future results, 
performance or achievements expressed or implied by such forward-looking 
statements. Such forward looking statements are based on numerous assumptions 
regarding Hansen's present and future business strategies and the environment in 
which Hansen will operate in the future. These forward looking statements speak 
only as of the date of this press release. Hansen expressly disclaims any 
obligation or undertaking to release publicly any updates or revisions to any 
forward-looking statement contained herein to reflect any change in Hansen's 
expectations with regard thereto or any change in events, conditions or 
circumstances on which any such statement is based. 
 
# 
 
 
[HUG#1441737] 
 
 
 
 
 
Press Release (PDF): 
http://hugin.info/139494/R/1441737/386054.pdf 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Hansen Transmissions International NV via Thomson Reuters ONE 
 

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