Zwolle - 26th April 2018

RoodMicrotec announces that it has taken legal action against a debtor. This concerns a dispute about the (non) fulfillment of the contractual obligations as per agreements made by RoodMicrotec and the debtor. As part of the settlement of these agreements RoodMicrotec has a claim of EUR 130,000 against the debtor. The debtor relies on set-off with a claim for damages that RoodMicrotec disputes.

RoodMicrotec will include a provision in the balance sheet of EUR 130,000.

About RoodMicrotec

With more than 45 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 shop 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, healthcare, industrial and electronics sectors.

Our integrated quality management system is based on international DIN EN ISO 9001:2015 standards. In addition, our quality management is broadly consistent with the Automotive Specification ISO/TS 16949. The company also has an accredited laboratory for test activities and qualification to the ISO/IEC 17025 standard.

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

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

For more information visit https://www.roodmicrotec.com

This press release is published in English, Dutch and German. In case of conflict between these versions the English version shall prevail.

This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. The company's managing director and CEO Martin Sallenhag, is responsible for arranging for the release of this document on behalf of RoodMicrotec.




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Source: RoodMicrotec N.V. via Globenewswire

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