E2V.L Regulatory News (E2V)

7 Nov 2007 07:00

e2v technologies PLC07 November 2007 7 November 2007 e2v technologies PLC e2v secures dental imaging contracts worth £13.7m e2v technologies, the specialist developer and manufacturer of high technologycomponents and sub-systems, is pleased to announce that it has signed orderswith three existing key dental imaging customers, worth a total of £13.7m. Orders from the first customer, worth a total of €10m (£7m), are for extra-oralpanoramic x-ray sensitive Charge Coupled Devices (CCDs). Deliveries will becompleted over a two year period. Orders placed by the second customer, worth a total of US$8.8m (£4.3m), are forintra-oral x-ray sensitive CCDs. Deliveries are scheduled to start in December2007 and to be completed in 12 months. The third customer has placed an order worth €3.5m (£2.4m), for the supply ofintra-oral x-ray sensitive CCDs and with delivery over the coming 14 months. e2v's x-ray sensitive CCDs are incorporated into digital dental imaging systems.Intra-oral systems capture x-ray images of individual, or small groups of teethwhilst extra-oral panoramic systems capture images of the whole mouth in asingle sweep. These systems offer high performance image capture, instantlyviewable on a PC monitor, from significantly lower radiation doses than film. Keith Attwood, Chief Executive of e2v commented: "These contracts, which were anticipated, demonstrate the continued strength ofour position within the global dental imaging marketplace and are also an earlyindicator of stabilisation within the sector following a period of industryconsolidation." For further information: e2v technologies plc Tel: +44 (0)1245 493493 Keith Attwood/Mike Hannant www.e2v.com Financial Dynamics Tel: +44 (0)20 7831 3113 Jon Simmons/Susanne Yule/Sophie Kernon NOTES FOR EDITORS e2v technologies plc e2v technologies is a leading designer, developer and manufacturer ofspecialised components and subsystems, falling within two product groups: • Electronic tubes• Sensors and Semiconductors These products enable some of the world's leading OEMs to deliver innovativesystems for medical and science, aerospace and defence, and commercial andindustrial applications. For the year ended 31 March 2007, e2v achieved sales of £174m and is listed onthe London Stock Exchange (e2v.l). In July 2006 e2v technologies plc acquired aleading designer, manufacturer and distributor of specialised electroniccomponents and sub-systems, based in Grenoble, France and in May of 2007 e2v plcacquired MiCS Microchemical Systems SA a designer and manufacturer ofsemiconductor based gas sensors. These acquisitions strengthen the Group'sposition as a major global provider of specialised electronic components andsubsystems. e2v's products are supplied into three core market areas: • Medical & Science: Sensor technology includes imaging sensors for intra-oral and panoramic dental X-ray, mammography, life science applications and X-ray microscopy. Electronic tubes are the enabling technology behind radiotherapy cancer treatments, microwave medical therapy and high-energy physics. • Aerospace & Defence: Sensor technology includes products for military surveillance, targeting and guidance, space-based imaging and astronomy, radar, electronic warfare, and broadband data converters and microprocessors for aerospace applications. Electronic tubes provide the enabling technology behind radars, electronic countermeasures (ECM), electronic warfare and satellite communications. • Commercial & Industrial: Sensor technology includes marine radars, industrial safety sensors, automotive radars and alarms, thermal imaging cameras used by fire fighters, CCD and CMOS high resolution line scan cameras for industrial inspection. Electronic tubes provide enabling technology behind TV broadcast, satellite communications, marine radar and food & industrial processing. The overall purpose of the business is to grow sustainable shareholder valuewhilst appropriately meeting the expectations of customers, people, partners,suppliers and the wider community. e2v's vision is to create value throughbright ideas in technology and materials science. The Company's mission is toplace customers at the heart of the business, providing enabling products ofpremium quality that extend technical barriers and enhance the competitiveposition of our partners. e2v has approximately 1,800 employees worldwide with three UK basedmanufacturing sites in Chelmsford, Lincoln and High Wycombe, one in Grenoble,France and one in Corcelles, Switzerland. In addition e2v has sales offices inthe UK, USA, Germany, France and Hong Kong, as well as a network of distributorsand representatives covering other key territories. Further information on e2v technologies plc is available from its website,www.e2v.com This information is provided by RNS The company news service from the London Stock Exchange