SAGEM, THALES STRENGTHEN SOFRADIR UNIT'S INFRARED TECHNOPOLE

     (The following press release from Sagem and Thales was received by e-mail.) 
Sagem and Thales strengthen joint subsidiary Sofradir¹s infrared technopole 
Paris, France, December 4, 2012 - Sagem (Safran group), Thales and Sofradir
have signed an agreement for Sofradir to acquire Sagem and Thales¹ infrared
(IR) detector technology development and manufacturing facilities. Sagem and
Thales bring to Sofradir IR technologies originally developed for their
internal purposes.  
IR detectors are advanced technology components at the center of multiple
military, space, commercial and scientific applications: thermal imagers,
missile seekers, surveillance systems, targeting systems or observation
satellites. Their performance and price are key to the competitiveness of
optronics systems. 
Under the agreement, Sagem will transfer to Sofradir the Indium Antimonide
(InSb) technology. The Quantum Well-Infrared Photodetector (QWIP) and Indium
Gallium Arsenide (InGaAs) technologies will be transferred to Sofradir from
the GIE III-V Lab, an economic interest group with partners Alcatel Lucent,
Thales and research institute CEA (the French nuclear energy and alternate
energies commission). 
By consolidating these IR technologies under one roof, Sofradir joins a very
small circle of IR detector manufacturers with expertise in all the cooled
and uncooled IR technologies. The acquisition will reinforce Sofradir¹s
leading position in Europe and pave the way to a global leadership position
in the imaging market. Sofradir is currently ranked number one for volume
deliveries of IR detectors based on its Mercury Cadmium Telluride (HgCdTe)
technology. 
Serge Adrian, senior vice president of land defence at Thales and Philippe
Petitcolin, chairman and CEO of Sagem praised the agreement that strengthens
a key technopole and further enhances years of research initially carried
out by Thales and then by the III-V Lab and Sagem: ³We are confident that
Sofradir will take these IR activities to the next level and benefit from
the synergies between the different IR technologies.² 
³The technologies from Sagem and the III-V Lab enable Sofradir to have from
this point forward the complete portfolio of infrared technologies. These
assets consolidate Sofradir¹s leadership position,² said Philippe Bensussan,
chairman and CEO of Sofradir. ³With the new technologies, Sofradir along
with its subsidiary ULIS will be able to select the technology best adapted
to our clients¹ applications. We are in a fortified position to offer IR
products with more innovation, performance and compactness in order to
respond to any IR market need.² 
Sagem a high-tech company in the Safran group, holds world or European
leadership positions in optronics, avionics, electronics and safety-critical
software for both civil and military markets. Sagem is the number one
company in Europe and number three worldwide for inertial navigation systems
(INS) used in air, land and naval applications. It is also the world leader
in helicopter flight controls and the European leader in optronics and
tactical UAV systems. Operating across the globe through the Safran group,
Sagem and its subsidiaries employ 7,500 people in Europe, Southeast Asia and
North America. Sagem is the commercial name of the company Sagem Defense
Securite.
For more information, visit http://www.sagem-ds.com 
Thales is a global technology leader for the defence and security and the
aerospace and transport markets. In 2011, the company generated revenues of
EUR 13 billion with 67,000 employees in 56 countries. With its 22,500
engineers and researchers, Thales has a unique capability to design, develop
and deploy equipment, systems and services that meet the most complex
security requirements. Thales has an exceptional international footprint,
with operations around the world working with customers as local partners.
For more information, visit http://www.thalesgroup.com 
Sofradir is the number one developer and manufacturer of a key class of
infrared (IR) detectors for military, space and industrial applications. It
specializes in cooled IR detectors based on a sophisticated high performance
technology, Mercury Cadmium Telluride (MCT) to which the InSb, InGaAs and
QWIP technologies are now added. Its vast product portfolio of scanning and
staring arrays covers the entire infrared spectrum. 
Sofradir's headquarters are located in Chatenay-Malabry, near Paris, France.
Its manufacturing facilities and those of ULIS, its subsidiary,
manufacturing mass volume uncooled IR detectors, are located in
Veurey-Voroize, near Grenoble, France. Sofradir EC, the company¹s US
subsidiary, operates in Fairfield, NJ. In 2011, annual sales for the
Sofradir Group, which includes subsidiaries ULIS and Sofradir EC, reached
EUR 150M, two-thirds in exports around the world. Sofradir, ULIS and
Sofradir EC employ more than 650 people.
For more information, visit http://www.sofradir.com 
Lucie Nguyen 
ANDREW LLOYD & ASSOCIATES
http://www.ala.com
lucie@ala.com 
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