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Elcoteq relocates its facilities in Manaus, Brazil and Juarez, Mexico


WEBWIRE

May 10, 2006, Elcoteq SE, global provider of electronics manufacturing services (EMS) for the communications technology industry, announced its move to new facilities in Manaus, Brazil and Juarez, Mexico in May. Relocating to these new premises enhances the use of the manufacturing and office space and enables Elcoteq to provide state-of-the-art services to its present and future customers in the Americas. The company’s other sites in the Americas are located in Monterrey, Mexico and in Texas, USA.

“Elcoteq is committed to building its business in Brazil and to broadening its set-top box and communications infrastructure manufacturing capabilities in Juarez,” said Mr Doug Brenner, President of Elcoteq Americas. “Companies looking to outsource their product manufacturing and related activities to our plants in Brazil or Mexico will find the same high standards, quality manufacturing, and supply chain services as can be found throughout Elcoteq’s global service network. All Elcoteq’s volume manufacturing plants are located in cost-competitive locations, close to the main end-markets in China, India, Mexico, Estonia, Hungary, and Russia.”

Elcoteq established its wholly-owned subsidiary, Elcoteq da Amazonia Ltda. in Manaus, in the fall of 2004 with a 1,500 square meter plant. The new Elcoteq site has 5,000 square meters of floor space and when fully utilized is expected to accommodate up to 800 employees to support manufacturing and supply chain services for communications technology companies that sell products in Brazil or export them to other Latin American countries.

Elcoteq’s new Juarez facility manufactures set-top boxes, communications network equipment, and provides test development services. The new 13,700 square meter plant (old plant: 17,000 square meters) employs roughly 1,600 people. Elcoteq’s presence in Juarez is a result of an acquisition of Thomson’s set-top box manufacturing operation at the end of 2004.

The Manaus plant will be located at Avenida Cupiúba, 753, Distrito Industrial, Manaus. Elcoteq Juárez, S.A. de C.V. will be located at Av. Rosa Maria Y. Fuentes No. 7451 of the Complejo Industrial Fuentes, Ciudad Juárez, Chihuahua, México C.P. 32320.

ELCOTEQ SE

Reeta Kaukiainen
Director, Communications and Investor Relations.

About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company with original design manufacturing (ODM) capabilities in the communications technology field. Elcoteq provides global end-to-end solutions consisting of design, NPI, manufacturing, supply chain management, and after-sales services for the whole lifecycle of its customers’ products. These products include terminal products such as mobile phones and set-top boxes as well as communications network equipment such as base-stations, tower-top amplifiers, and microwave systems. The company operates in 15 countries on four continents and employs approximately 22,000 people. Elcoteq’s consolidated net sales for 2005 totaled 4.2 billion euros (over 5 billion USD). Elcoteq SE is listed on the Helsinki Stock Exchange. For more information visit the Elcoteq website at www.elcoteq.com.



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