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Gold/Mining/Energy : EMG (EMY.V) -- Ignore unavailable to you. Want to Upgrade?

To: bafan_57 who wrote (8)	11/20/2000 5:18:17 PM
From: maintenance	Read Replies (1) \| Respond to of 22

From Canada NewsWire: newswire.ca Attention Business Editors: Com Dev Wireless Selects Electronics Manufacturing Group To Manufacture SMT Wireless Products For Its Global Markets Companies sign strategic outsourcing manufacturing alliance CALGARY, Nov. 20 /CNW/ - Dallas-based COM DEV Wireless, a division of COM DEV International (TSE:CDV), and Electronics Manufacturing Group Inc., (CDNX: EMY), today announced a long-term manufacturing agreement whereby EMG will provide SMT (Surface Mount Technology) board manufacturing including parts procurement, production and final assembly for COM DEV Wireless' 900 MHz, 1800 MHz and 1900 MHz Low Noise Amplifier products. Electronics Manufacturing Group Inc. is an ISO 9002 registered Electronics Manufacturing Services (EMS) company, providing a complete range of product development and delivery services to the global technology and electronics industry. COM DEV Wireless designs and manufacturers leading-edge wireless systems and subsystems that enjoy broad acceptance among global wireless system vendors. The manufacturing contract is valued at (Cdn) $1.7 million for the remainder of 2000 and is expected to grow to approximately $6M annually. Production will be based at EMG's Calgary headquarters and leverage the company's existing supply chain and manufacturing capabilities which include a recently installed Universal 4796 HSP turret-style Chipshooter. Previously manufactured in-house at COM DEV's Moncton facility, the company decided to sub-contract surface mount production of these products to EMG, enabling its in-house surface mount production team to focus on prototyping and smaller production runs. "To sustain our rapid growth, COM DEV Wireless has been seeking quality companies with the ability to provide world-class service and competitive pricing. EMG matches our criteria particularly well and we are pleased to welcome the Company as a key player in our supply chain," said Eric Cook, General Manager of COM DEV Wireless' principal manufacturing center in Moncton, New Brunswick. "COM DEV is an exciting and rapidly growing company," explained David King, President for Electronics Manufacturing Group. "We are excited to have this opportunity to leverage EMG's depth in wireless products to assist such a proven technology leader." About COM DEV: COM DEV International Ltd. (http://www.comdev.cc) is a leading producer of wireless infrastructure, as well as a designer and manufacturer of space hardware subsystems. The company has two divisions: COM DEV Wireless and COM DEV Space that together have facilities in Canada, the United States, the United Kingdom and China. COM DEV Wireless designs and manufactures leading-edge wireless systems and subsystems that enjoy broad acceptance among global wireless system vendors. System products include soft radios, broadband wireless Internet products and TDMA Base Stations. COM DEV Wireless' subsystem products integrate signal filtering, signal amplification and alarm monitoring in a single compact electronics package. About EMG: Electronics Manufacturing Group Inc. is an ISO 9002 registered Electronics Manufacturing Services (EMS) company, providing a complete range of product development and delivery services to the global technology and electronics industry, including design, prototyping, manufacturing and assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service. With three manufacturing facilities located in Calgary, Alberta and Markham, Ontario, EMG is continually expanding its electronics manufacturing services in order to set the standard for bringing quality electronics products to market quickly. With its corporate headquarters in Calgary, Alberta, EMG employs 355 Canadians and was recently recognized by Profit Magazine as the sixth fastest growing start-up in Canada. EMG is listed on the Canadian Venture Exchange under the symbol "EMY". More information can be found by visiting www.emgplace.com. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. This news release may contain forward-looking information. Actual future results may differ materially from those contemplated. The risks, uncertainties and other factors that could influence actual results are described in documents filed with regulatory authorities. %SEDAR: 00012076E -30- For further information: Tracy A. Holotuk, Sr. Vice President, Corporate Development, EMG - Electronics Manufacturing Group Inc., Cell phone: 416-886-5293, Email: tracy.holotuk@emgplace.com; Ron Holdway, Vice President, Corporate Communications, COM DEV, Tel: 519-622-5004, Fax: 519-622-1691, Email: investor.relations@comdev.ca