Teuchos, Safran Aerospace India and Telnet join forces to extend their service offering in the field of equipments and embedded systems

Paris, June 17, 2009

In the presence of Mohamed NOURI JOUINI, Minister of Development and International Cooperation of the Tunisian Government, ,

M. Gérard LE PAGE, CEO of Teuchos and Chairman of Safran Aerospace India (SAI), two Safran group companies
and M. Mohamed FRIKHA, CEO of Telnet,

Today signed at the Paris Air Show 2009 in Le Bourget, an agreement for tripartite cooperation to jointly meet the needs of their customers and prospects in the field of equipments and embedded systems.

Gérard LE PAGE said: « Such cooperation strengthens the ability of Teuchos to respond to tenders for sub-assemblies of avionics equipment. Teuchos brings to this partnership its proven experience in all phases of the development cycle for systems certified at the highest standards. With its skills and its demonstrated competitiveness, our subsidiary SAI sees this partnership as an opportunity to strengthen its footprint in the area of critical software ».

Mohamed FRIKHA added: « With this cooperation agreement and with the support of Teuchos, Telnet will be able to develop its expertise in electronics avionics, which will complement its global skills in the engineering of embedded systems in aeronautics ».

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TEUCHOS, an international Safran Group company of consulting and engineering specialized in the transportation industry, is employing 1850 engineers and technicians. Teuchos is based in Europe, Morocco and India. Teuchos brings its expertise to major companies in aviation, space, automotive and defense, accompanying them in developing their systems and products as the most critical level.

SAFRAN Aerospace India (SAI) is a subsidiary of Teuchos company, specialized in the engineering of the transportation industry - aerospace, space, automotive and defense.

TELNET, is a Tunisian engineering and consulting company in the innovation and the high technology operating in the sectors of telecommunications and multimedia, automotive and transportation, avionics and defense, security and smart card, electronics and industry. TELNET employs 420 engineers and technicians in Tunisia over three sites in Tunisia and a site in France.

TEUCHOS | Press Contact | Catherine Verhooghe | Tel +33 (0)1 30 68 38 43 | Fax +33 (0)1 30 68 39 01| catherine.verhooghe@teuchos.fr