The Eurotech Group Expands its Presence in Western Europe

Erim
The Eurotech Group acquires French embedded PC maker Erim

Amaro (Ud-I) and Vénissieux (F) – October 12, 2004 – The Eurotech Group has acquired the French company Erim Sas, a leading supplier of embedded and industrial PC solutions in Europe. The acquisition positions the Eurotech Group as one of the most important companies in Europe within this field, while enabling the Group to extend its international presence into the well developed French market for transport and defence computing solutions. Financial details were not disclosed.

“Through the acquisition of Erim, the Eurotech Group stakes a strategic market position in France, where healthy growth within the transportation and aerospace sectors is expected to continue – says Roberto Siagri, President and CEO of Eurotech – We believe that the integration of our combined products and technologies, together with Erim’s highly talented team, will greatly benefit our Group.”

Yves Bourdon, President of Erim, will be responsible for the Group’s operations in France, as well as in the Benelux market (Belgium, Netherlands and Luxembourg). Bourdon expresses great satisfaction with this new relationship with Eurotech. “Thanks to Eurotech’s takeover, Erim is experiencing an increase in new commercial and market opportunities – says Bourdon. – Operating within the Group enables us to expand our product offer to satisfy nearly every customer demand, while strengthening our ability to acquire and manage large contracts within our strategic sectors.”

ERIM

Established in 1981, Erim Sas has become the leading French supplier of embedded and industrial PC solutions. Erim designs and markets a range of standard and semi-custom PC/104 and EBX products under its PC Light brand name. Erim has extensive design experience with developing embedded PC technology (BIOS, OS, hardware, etc.) for harsh environments (EMC, temperature, vibration/impact, high reliability).

See www.erim.fr for more information.

The Eurotech Group

The Eurotech Group ( www.eurotech.com ) is a global family of technology companies focused on embedded and high-performance computing solutions. With operations in Europe, North America and Asia, the Group serves the industrial, transportation, defense, aerospace, medical, and research sectors.

The Eurotech Group includes Eurotech ( www.eurotech.it ), Parvus Corporation ( www.parvus.com ), Erim (www.erim.fr), Neuricam ( www.neuricam.com ), Exadron ( www.exadron.com ), Ascensit (www.ascensit.com) and IPS ( www.ipscomputers.com ).

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