The company's purpose is to develop, design, manufacture and distribute products, in particular in the field of intelligent and electronic textiles and clothing, medical and other textile-related products; to acquire, manage and exploit technologies, patents and other intellectual property rights. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all commercial, financial and other business activities that are directly or indirectly related to its purpose. The company may acquire, hold, encumber and dispose of real estate in Switzerland and abroad; it may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.