For the heck of it, I'll translate the brochure I posted above:
"Dynamic Earspeaker, fully open, ergonomic fit.
This 2-way headphone is built with 4 high-quality transducers. That means there are two systems on either side, in which one covers the high range and the other responsible for the low end. These systems are built to produce a linear response at the ears. Through the completely new structural principle of the MB earspeakers, the systems float practically free over the ears. The earpads gently enclose only the back portion of the ear. This produces a musical experience similar to listening to loudspeakers. PMB 85 - open, transparent, and uncolored sound."
The review from Stereo Magazine reads:
"The PMB 85 is a good candidate for a design prize. It not only formally reinvents the principle of the earspeaker, but also introduces functional improvement with its integrated headband adjuster.
A headphone with a smooth, unobtrusive sound signature."
and the categories of the rating are sound (Klang), measurements (Messwerte), build quality (Verarbeitung), and comfort (Tragekomfort). They rated it high mid-end, though it looks like if the measured response was a little better, it would have squeaked into lower top-end. What's interesting is that it was evidently a comparison test, but unless somebody knows where to find a December 1985 copy of Stereo magazine, we'll never know what else was in the test or how it stacked up.