Regulatory Filings • Mar 20, 2015
Regulatory Filings
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Trappes, Bollene & Cambridge, March 20th 2015 - 7:00 am CET - Egide (ISIN : FR0000072373 - Segment C Euronext Paris), confirms its new sales strategy with the deployment of its worldwide sales network and announces the signature with 3 new reps in Italy, Israel and North America.
Today, the Group is actively deploying its products in Europe via its French site in Bollene and in the United States via its Cambridge site, based on the recognized excellence of its products and the power and reliability of the innovative solutions it offers. Within that context, Egide already uses Manufacturers' representatives in the USA, China and India.
As part of the Egide Group's strategic plan 2018, Egide has added three additional Manufacturers' representatives for key geographical areas:
These three partners were selected for the quality of their network and their understanding of the market needs of existing clients as well as other clients in their respective territories.
James F. Collins, Group Chief Executive Officer, commented: "Today Egide continues to innovate and invest a significant portion of its revenues in R & D to design, manufacture and industrialize innovative hermetic packages for major contractors in France and international sectors of the aerospace industry, defense, transportation and telecommunications. In this context, we are diversifying our sales network and deploying in a gradual but targeted way and by focusing on expanding our areas of expertise in France and abroad".
He added: "Through these new trade partnerships, the Egide Group adapts its strategy to the specificities of each country in which it is present or represented, to best meet local needs. We must be able to meet the demands of our existing customers worldwide. The internationalization of our presence is a must."
Egide SA is a European group with an international dimension, specialized in the manufacture of hermetic packages for sensitive electronic components. The Group operates in a broad range of high-tech sectors that include the Aerospace, Defense, Security, Aeronautics and Telecommunications segments. Egide is the only pure player in this market niche with manufacturing bases in France and the United States.
Egide shares are eligible for the French tax incentivized PEA-PME and FCPI investment vehicles.
FIN'EXTENSO
Egide renews OSEO certification as an innovative company (entreprise innovante) on June 11, 2012 ISO 9001:2008 and ISO 14001:2004 certified quality and environmental management systems
EGIDE - Finance Department - Philippe Lussiez - +33 1 30 68 81 00 - [email protected] FIN'EXTENSO - Media Relations - Isabelle Aprile - +33 1 39 97 61 22 - [email protected]
Egide is listed on Euronext Paris™- Segment C - ISIN : FR0000072373 - Reuters : EGID.PA - Bloomberg : GID
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