The company's purpose is to develop, manufacture and distribute automated and electronic devices and accessories, as well as provide related services such as training, maintenance and after-sales service. The company may also participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and sell real estate and intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland or abroad by decision of the management. The company may engage in all commercial, financial and other activities that are connected with its purpose. Furthermore, the company may grant loans or other financing to its direct or indirect parent company and all other group companies, and provide security of any kind for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.
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