27.11.2006 15:00:00

Egide Signs a Major Contract in the US with Textron Systems

Egide (Paris:GID), the only major player totally dedicated to the field of the protection and networking of electronic and optical chips by hermetic packaging and the sector’s European leader, announced today the signing of a 5 year agreement with the American company Textron Systems. As a major competitor in the US aerospace and military industry, Egide will supply its partner with hermetic packages for its military Sensor Fuzed Weapon Program, otherwise known as CBU-105. The agreement, covering 5 years, plans for Egide to make very complex casings for a total value of $1 million in 2007. According to Philippe Brégi, Chairman and CEO of Egide, "This agreement is the result of many years of collaboration between Egide and Textron Systems. It marks the recognition of Egide’s know-how and expertise when it comes to all hermetic package technology. I am very proud of this success which demonstrates the excellence of our manufacturing plant in Cambridge (Maryland – USA).” Textron Systems’ Sensor Fuzed Weapon Program The SFW System is the primary intelligent weapon in production for the US Air Force. SFW is designed to accurately detect and defeat multiple threat targets. This weapon uses complex, sensitive and fragile chips. The total hermeticity of the networking is therefore necessary to guarantee the functioning and invulnerability of these components. Egide: Number 2 in the world and European leader The components used in these packages are the result of a sophisticated know-how that incorporates several disciplines: material structures and notably special alloys, chemistry and electroplating, mechanics and thermodynamics, electronics, optoelectronics and microwave frequency modelling. Egide is one of the few international competitors to master all the technologies in use with the two groups of materials that are today used for these packages around the world: glass-metal and ceramics. Egide’s great expertise of glass-metal technology (required for the SFW program), of brazing and of plating has made the difference for Egide with this significant agreement. About Egide Egide SA is a European group with an international reach, specializing in the manufacture of hermetic packages for sensitive electronic components. The group operates in high tech markets such as Space, Defense, Aeronautics, Telecommunications, Automotive and Medical. Egide is the only dedicated global player and has manufacturing facilities in France, the US, Great Britain and Morocco. Quoted on the 'C' section of the Eurolist by Euronext Paris™ ISIN: FR0000072373 – Reuters : EGID.PA – Bloomberg : GID www.egide.fr www.egideusa.com
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