ROODMICROTEC : "ATLAS"-Project gets new Contract

Zwolle, 30 October 2013
  
RoodMicrotec confirms receiving an outsourcing contract with takeover of a complete testcell in the context of its "Atlas" Project. This is a contract from a Siemens AG, Drive Technologies Division company in Germany which develops its own ASICs (application specific integrated circuit), chips for specific applications. This Siemens AG, Drive Technologies Division company has recently decided to outsource its activities in this area and to sell us the equipment it used for that process. This is fully in line with the trend we have outlined earlier that OEMs are increasingly focusing on their core activities.

Win-win
By outsourcing the development of ASICs, this Siemens AG, Drive Technologies Division company can make significant cost savings and thus improve its profitability. Also, the company can count on continuity and security of its IP, because RoodMicrotec is an experienced and accredited independent service provider.
For RoodMicrotec, this means additional sales, business expansion on an additional tester platform and new business; also, RoodMicrotec has been chosen amongst other testhouses as preferred supplier for the development of new ASICs. The same production equipment can be used for this applications, creating further upward sales potential. The production equipment will also be available to serve other customers in the market.

The outsourcing trend is expected to continue, especially in view of the win-win situation described above. Partly due to its infrastructure, RoodMicrotec is very well positioned to benefit from this optimally. This is confirmed by the fact that this Siemens AG, Drive Technologies Division company's extensive audit selected RoodMicrotec as the best qualified candidate.

Volume
The contract will run for three years, with an initial volume of approx. EUR 400,000. The total volume is dependent on the success of the current and future ASICs. It is clear, however, that RoodMicrotec's sales, even without this particular order, will get strong positive momentum by using the same production equipment for other customers' existing and future ASICs.

'We are very proud that we have secured this contract. It reconfirms that we have the perfect portfolio for OEMs who wish to outsource their chip development and supply chain. The fact that RoodMicrotec as an independent service provider is not in competition with the customer's IP and can even protect it, is also considered to be a great advantage', Philip Nijenhuis, RoodMicrotec CEO, commented.

About RoodMicrotec
With 40 years' experience as an independent value-added service provider in the area of micro and optoelectronics, RoodMicrotec offers fabless companies, OEMs and other companies a one-stop shopping proposition. With its powerful solutions RoodMicrotec has built up a strong position in Europe.

Our services comply with the industrial and quality requirements of the high reliability/space, automotive, telecommunications, medical, IT and electronics sectors.

Certified by RoodMicrotec concerns inter alia testing of products to the stringent ISO/TS 16949 standard that applies to suppliers to the automotive industry. The company also has an accredited laboratory for test activities and calibration to the ISO/IEC 17025 standard.

The value-added services comprise inter alia extended supply chain management, failure & technology analysis, qualification & burn-in, test- & product engineering, production test (including device programming and end-of-line service), ESD/ESDFOS assessment & training, quality & reliability consulting, supply chain management and total manufacturing solutions with partners.

RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart), the UK (Bath) and the Netherlands (Zwolle).

Further information:
Philip Nijenhuis, CEO
Telephone       +31 (0) 38 4215216
Email:             investor-relations@roodmicrotec.com:
mailto:investor-relations@roodmicrotec.com
Website:         www.roodmicrotec.com:
http://www.roodmicrotec.com/