Egide STRENGTHENS ITS SALES PRESENCE IN RUSSIA BY SIGNING A DISTRIBUTION AGREEMENT WITH SD SOLUTIONS
08 Juin 2020 - 6:00PM
Egide STRENGTHENS ITS SALES PRESENCE IN RUSSIA BY SIGNING A
DISTRIBUTION AGREEMENT WITH SD SOLUTIONS
PRESS RELEASE
Bollène, June 8, 2020 – 06:00 pm (CET)
EGIDE SA STRENGTHENS ITS SALES PRESENCE
IN RUSSIA
BY SIGNING A DISTRIBUTION AGREEMENT WITH
SD SOLUTIONS
Egide (Euronext Paris - FR0000072373), a leading
group with an international dimension, specialized in the
manufacture of hermetic packages and heat dissipation solutions for
sensitive electronic components, announces a new Distribution
Agreement. In the frame of its worldwide sales strategy to
develop Egide’s export business, a new agreement has been signed in
Russia with SD Solutions LLC (headquartered in St Petersburg).
SD Solutions LLC will cover Russia, Belarus, and
Kazakhstan for EGIDE SA.
Headed by Mr Vladimir A. Tertychenko, this
Company has a proven experience of technical sales of high
reliability electronics solutions in this region of the world
within the targeted markets of Egide: Space, Avionics, Oil
drilling, Power industry and Medical applications.
Egide’s package and thermal management solutions
will perfectly complement the product portfolio of SD Solutions,
for the full benefit of the same customer base.
Mr Tertychenko comments on this new
Agreement with Egide: « Egide - SD Solutions Teams
established the first Working Group in 2019 to explore ways for
deepen partnership in Space and Industrials markets. The decision
to sign a Distribution Agreement between Egide and SD Solutions is
one more step to strengthen the cooperation between French and
Russian high-tech companies in these markets. Egide’s solutions,
expertise, and ability to develop custom products for the most
demanding spheres are expected to be great support for our
traditional customer list and allow us to extend our partnership
with potential partners from the new industrial areas. We
appreciate this new cooperation for the greater benefit of both our
companies. »
Vincent Courty, VP Worldwide Sales of
Egide group says: « We are delighted to sign this
Agreement with a premium distributor such as SD Solutions as our
partner in the Russian market. This proves our strong commitment to
offer a wide range of innovative products to our customers wherever
they are in the world, and now in Russia. These customers, with the
support of SD Solutions, will now get access to the re-known
technical expertise and excellence of Egide teams to provide high
quality hermetic packages. The strong presence of SD Solutions in
the Space and Industrial markets in Russia, will help us continue
to build strong relationships with these new customers and achieve
high quality growth for the Egide Group in the future. »
Financial Agenda: General
Meeting:
June 19, 2020 (behind closed doors)2020 H1 revenue:
July 23, 2020
To find out more about Egide:
www.egide-group.com
About EgideEgide is a group
with an international dimension, specialized in the manufacture of
hermetic packages and heat dissipation solutions for sensitive
electronic components. It operates in cutting edge markets with
strong technology barriers to entry in all critical industry
segments (Thermal Imaging, Optronics, High-Frequency, Power
Units…). Egide is the only pure player in this market niche with
manufacturing bases in France and the United States.
Egide’s eligibility for tax efficient
French innovation-focused mutual funds (FCPI) was renewed on May
14, 2018.Egide is listed on Euronext Paris™-
Segment CISIN code: FR0000072373 – Reuters: EGID.PA –
Bloomberg: GID
CONTACTSEGIDE – Finance Department - Luc Ardon -
+33 4 90 30 35 94 – luc.ardon@fr.egide-group.comINBOUND CAPITAL –
Investor Relations – Frédéric Portier - +44 7802 533333 –
fportier@inbound.capital FIN’EXTENSO – Press Relations - Isabelle
Aprile - +33 1 39 97 61 22 – i.aprile@finextenso.fr
- Egide-Distribution-Agreement-RUSSIA-200608-PR