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EGIDE

EGIDE USA

NEW HIGH TEMPE TURE CO-FIRED CE MIC FACILITIES

Cambridge and Bo/Jene,June 28, 2016 - Egide(Euronext Paris™­ Segment C - ISIN: FR0000072373 - Reuters: EGID.PA - Bloomberg: GID),an international group specializing in the manufacture of hermetic packages for sensitive electronic components,is pleased to announce the expansion of its manufacturing facility in Cambridge, Maryland with at $2.5 million investment in facilities and equipment. The company,which has been in Dorchester County since 2000,currently employees 72 people in its Cambridge facility. As part of the expansion,it plans to add to its totalnumber of employees.

Egide's Cambridge facility produces a large variety of hermetic pac­ kages used for Aerospace,Defense and Optoelectronic applications.Egide provides the product design,engineering,manufacturing and product support for customers in the North American market. The expansion includes facility and equipment to produce High Temperature Co-fired Ceramic (HTCC),used in the manufacture of specific types of hermetic packages.The Expansion has been accomplished with the assistance of a technical team from its Bollene,France facility. The primary function being to transfer Egide's intellectual property to the new facility.

In addition to the technical team already in place,the company expects to hire approximately 20 new associates in the coming years.

"We are very excited about the investment we've made in the Cambridge

facility to better serve the North American defense markets and meet our customer demands. This investment supports the goal of being apremier supplier to our markets,and indicates to the community in Dorchester

County that EGIDE will be located here for many years to come,"said James F. Collins,Chairman &CEO,EGIDE.

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Cambridge,Maryland- 2,000 squarefoot Class 10,000 cleanroom

ABOUT EGIDE

Egide is a group with an international presence specializing in the manufacture of hermetic packages for sensitive electronic com­ ponents. It operates in cutting edge markets with strong techno­ logy barriers to entry in all critical industry segments (Thermal Imaging,Optronics,High-Frequency,Power Management...). Egide is the only pure player in this market niche with manufactu­ ring bases in France and the United States.

The Cambridge facility will now contain a 2,000 square foot Class 10,000 clean room for the screen printing,via forming and lamination processes.A furnace room area has been created with organic burnout ovens and high temperature atmospheric furnaces for sintering. In addition,an electroless nickel and gold plating line has been installed in the current plating shop.Associated equipment for thermal cycling,hermeticity testing and geometric tolerance verification has been installed in the quality department.

Nowthat they are fully operational,these investments will make it possible for Egide to manufacture in the United States,HTCC components used for product supplied to markets controlled by the International Traffic in Arms Regulations (ITAR). All personnel working on this project are US citizens,and control points regarding intellectual property are kept within the US site.

Egide shares are eligible for the French tax

incentivized PEA-PME, FCPIinvestment vehicles

CONTACTS EGIDE USA

  • John Trader - General Manager

    410-901-6100 - jtrader@us.egide-group.com

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    • Kirk Williamson - Sales Manager w

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Egide renewed its OSEO label as an innovative company (entreprise innovante) on July 30, 2015 ISO 9001:2008 and ISO 14001:2004 certified quality and environmental management systems

All information about Egide is available at: www.egide-group.com

EGIDEis listed on Euronext Paris- Compartment C - ISIN : FR0000072373 -Reuters : EGID.PA -Bloomberg : GID

Egide SA published this content on 28 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2016 07:10:07 UTC.

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