Vectronix wins the 2009 award for French development in Switzerland

Heerbrugg, October 22, 2009

Already for the twenty-first time Swiss and French companies received this prestigious award from the Swiss-French chamber of commerce and industry (CFSCI). On October 16, Vectronix was among the winners in Montreux.

Vectronix AG, a Swiss enterprise owned by Sagem, part of the French technology group Safran, wins the „Prix du développement français en Suisse" for 2009. For the last two years, Sagem consistently developed and invested in its subsidiary in Switzerland. It supported Vectronix with its infrared know-how, developed in France, and special manufacturing equipment thus allowing Vectronix to co-produce Sagem optronic handheld products in Switzerland. With its new building opened in September 2009, Vectronix AG has now doubled its production capacity in Switzerland.

Jean Harter, Vectronix CEO, announces on behalf of all employees: „We are proud and honored to receive this award. Vectronix is a very good example for successful cross-border cooperation in the field of high technology. We are convinced to be on the right track, as Vectronix significantly increased its order intake over the last twelve months despite the economic crisis".

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About Vectronix AG

Vectronix is a leader in the development of integrated handheld, module, and precision systems for observance, detection, geo-positioning, and targeting solutions. Leveraging core competencies in electro-optics, laser range finding, and north-finding technologies, Vectronix AG supports the requirements of defense, law enforcement and commercial communities. Headquartered in Heerbrugg, Switzerland, Vectronix AG is owned by Sagem (Safran group) and maintains Vectronix, Inc., its subsidiary in Leesburg, Virginia, USA.

Ms Corinne Seitz, Ingénieur : Marketing Communications
Tél. +41 71 726 72 88
Email: corinne.seitz@vectronix.ch
www.vectronix.ch