SMT INDIA

Siplace Press News

India, 27 th May 2009

Siemens Electronics Assembly Systems enhances sales channels in the India SMT market by partnering with Agate & Agate Marketing Resources SIPLACE India strategically joins hands with Agate & Agate Marketing Resources to capture India SMT market more aggressively. This mutual cooperation will be a milestone to reach out to India SMT customers to provide ceaseless innovation including Pre-Owned Equipment (POE) solution in every possible way faster and effectively. India is a fast growing SMT Hub for Asia. The SMT industry is expected to continue its strong growth due to Asia’s positive reception to the SMT sector. As such, SIPLACE India is aggressively stepping into the fast growing SMT industry by partnering with Agate & Agate who offers a wide range of products and services in the area of Surface Mount Technology and ESD Control. Agate & Agate was founded in 1997 at Pune, India. Its focus has been on providing value added products and services in the field of Surface Mount Technology (SMT) & ESD Control. Agate & Agate's expertise in these areas also stretches to the training as well as auditing services required by its customers.
1 / 3 Siemens Electronics Assembly Systems Marketing Communications Press Department

Reference No: 20090527_SEAJKT_final
Press Office Siemens Electronics
Assembly Systems Irene Lim Tel.: +65
6866 7030 Fax: +65 6866 7071 E-mail:
irene.lim@siemens.com
Internet: www.siplace.com

With mutual collaboration, SIPLACE India and Agate & Agate intend to open up new markets and provide the market with wider range of solution for customer satisfaction. India customers will be served with ceaseless innovations as like SIPLACE D Series, SIPLACE X Series, and especially with cost-effective, high-performance SIPLACE Pre- Owned Equipment. Mr. Indulkar Pradeep, General Manager of Siemens Electronics Assembly Systems division commented, “A lot of global players are interested in India to grab the major share of the local domestic market and for exploring the possibilities of exporting material from India. With growing market requirements followed by increasing buying power, we decided to go into the market more aggressively by collaborating with Agate & Agate. We expect to have great synergy with Agate & Agate helping our customers in every possible way.” More information about Siplace at: www.siplace.com
Please send any inquiries to: Siemens Electronics Assembly Systems Irene Lim
E-mail: irene.lim@siemens.com

Siemens Ltd is the flagship of the Siemens Group in India. The Siemens Group is a leading provider of industry and infrastructure solutions in India with a business volume aggregating about Rs 5400 crores. It operates in the core business segments of Energy, Industry and Buildings, Information Technology, Communication, Transportation, Healthcare and Lighting. It has a nation -wide Sales and Service network, 17 manufacturing plants, some 500 strong network of channel partners and through its 12 Companies, the Siemens Group employs over 12,000 people.

2 / 3 Siemens Electronics Assembly Systems Marketing Communications Press Department

Reference No: 20090527_SEAJKT_final
Press Office Siemens Electronics
Assembly Systems Irene Lim Tel.: +65
6866 7030 Fax: +65 6866 7071 E-mail:
irene.lim@siemens.com
Internet: www.siplace.com

The Siemens Electronics Assembly Systems Pte Ltd (SEAS) with its SIPLACE Placement solutions is the leader in factory automation equipment. SEAS is the regional cluster for Singapore/Asia with their own supply chain, consisting of Sales, Service, Training, Research and Development and Manufacturing facilities. Through a complete suite of machinery, software and services, SEAS helps manufacturers achieve high productivity in electronics production. For more information about SEAS, please visit http://www.siplace.com Agate & Agate Marketing Resources (I) Pvt. Ltd. represents world's leading manufacturers of SMT production equipment, SMT Solder material & range of SMT accessories & consumables. It offers wide range of SMT production equipment to suit requirements right from prototyping to low volume production to high volume production. For more information about Agate & Agate, please visit http://www.smt-india.com Disclaimer Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Siemens undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

3 / 3 Siemens Electronics Assembly Systems Marketing Communications Press Department