The company's purpose is the development and marketing of mechatronic devices and systems, as well as consulting services in these fields. Furthermore, the company's purpose is the marketing of products in the fields of cycling and mobility. The company may establish branches and subsidiaries and may participate in other companies, both in Switzerland and abroad, and in general, may engage in any activity directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate both in Switzerland and abroad. It may carry out, either on its own account or on behalf of third parties, all financial transactions as well as provide guarantees or warranties for subsidiaries or third parties.