17.07.2013 17:45:00

MEMSCAP Ships 50 Million MEMS Devices for the Consumer Market

Regulatory News:

Memscap (Paris:MEMS) (NYSE Euronext: MEMS), the leading provider of innovative solutions based on MEMS (micro-electro-mechanical systems) technology today announces it has shipped more than 50 million MEMS devices for the consumer market since January 2013.

This volume milestone comes only 6 months after MEMSCAP finalizes the industrialization phase and initiates production ramp up, representing a rapid acceleration of shipments and demonstrating MEMSCAP ability to service the consumer business. The Company has recently increased its MEMS production capacity to more than 3 million devices per week, to sustain growing customer demand for high-performance, cost-competitive devices.

Capitalizing on its wide MEMS manufacturing technology platform, MEMSCAP supports customers from the beginning of the development phase to full product release. The Company’s commitment to high quality over the years has resulted in numerous breakthrough products exhibiting superior performance and reliability. Over the last years, MEMSCAP has developed and brought to the market a large variety of MEMS products, building a track record for catering to the needs of the MEMS community and providing state-of-the-art products in production.

About MEMSCAP

MEMSCAP is the leading provider of innovative micro-electro-mechanical systems (MEMS)-based solutions. MEMSCAP standard and custom products and solutions include components, component designs (IP), manufacturing and related services. MEMSCAP customers include Fortune 500 businesses, major research institutes and universities. The company's shares are traded on the Eurolist of NYSE Euronext Paris S.A (ISIN: FR0010298620-MEMS). More information on the company's products and services can be obtained at www.memscap.com.

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