02.04.2013 18:01:00

Microwave Vision Has Increased its Stake in its US Subsidiary ORBIT/FR, Bringing its Share up to 63.0%

Microwave Vision (Paris: ALMIC) bought 82,700 shares held by its subsidiary ORBIT/FR, increasing its stake by 1.4%. The purchase price was set at 1.15 USD per share.

About MICROWAVE VISION
MICROWAVE VISION Group – MVG – (NYSE-Euronext: ALMIC) is a leading global manufacturer of antenna test and measurement systems for the Telecommunications, Automotive, Defense and Aerospace industries, as well as for academic research. With the recent acquisition of REMC, specialists in shielded chambers for anechoic, EMC and screened room solutions, MVG offers the widest range and most innovative technology of its kind in the respective markets. The company brings together the high-precision electronic scanners developed by SATIMO using its "microwave vision” technology, ORBIT/FR products developed through a state-of-the-art technology of high-performance positioners and electromechanical scanners, AEMI high performing absorbing materials, and now REMC provider of specialized shielded chambers. MVG is located in 9 countries – France, Italy, Germany, UK, Sweden, USA, Israel, China, and Japan, and has more than 300 employees. The group boasts a broad client base including several large international companies. MVG achieved a turnover of € 46.2million for the year end 31 December 2012. MVG has been awarded the OSEO certification "Innovative Company”. Alternext, code ISIN FR 0004058949 | For more information, visit: http://www.microwavevision.com

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