Mymetics Corp (MYMX)

[bow-tie]

Association of Private Corporations Association des sociétés anonymes privées The Swiss Association of Privately Held Companies


June 10, 2011


MEDIA RELEASE

On the occasion of the traditional family business day 2011 in Winterthur, board member and national council member Markus Hutter welcomed over 130 entrepreneurs and presented the history of his family business. President Thomas Staehelin reviewed the past 3 years of the association and noted that there are still many construction sites in the corporate tax area. The burden on private stock corporations and their owners continues to increase rapidly, despite all political assertions to the contrary from federal miners. The revision of stock corporation and accounting law also seems to be getting out of control in parliamentary deliberations. This is only to the detriment of private corporations! Great need for action is indicated here. VPAG defends itself clearly and brings its technical influence into the political legislative process.

Beat Kappeler's presentation "Life is always life-threatening - expect the unexpected: currencies, interest rates, regulations, taxes?" noted that the euro crisis was not unexpected. He said that over 150 economists had protested violently when it was introduced. The shock in Euroland then occurred within only 11 years. a. the wage costs of the southern countries and France increased more than those of the north, on the contrary, their productivity did not increase to the same extent.

Urs Ursprung, director of the Swiss Federal Tax Administration, gave precise information on the current state of corporate taxation and on new, pressing national and international tax law issues.

Finally, the entrepreneur Philipp Kuttler introduces the external succession plan at Ziegler Papier AG. The expectations of the successor solution had been fulfilled, the challenges for the future of a medium-sized company in a demanding macroeconomic environment in combination with currencies, strong market changes and consolidations in the paper industry and enormously increased costs in the raw materials sector require great entrepreneurial effort to meet the challenges of the future deal with.

On the occasion of the statutory general meeting, the previous board members Thomas Staehelin (President), Frédéric Bonhôte, Councilor Erika Forster-Vannini, National Councilor Markus Hutter, Adriano Imfeld, Marc Jaquet, Robert Kessler, Franco Knie, Urs Rickenbacher and


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http://www.vpag.ch/pdf/medienmitteilungen/20110610.pdf