ACE Management is a portfolio management specializing in private

FOR IMMEDIATE RELEASE
PRESS RELEASE
MAETTA SCIENCES CLOSES FINANCING OF 1.6 M$
Boucherville, March 29th 2010 – Maetta Sciences, Canadian specialist in Metal Injection
Molding is pleased to announce the closing of a private financing of 1.6M$. All
shareholders of the company participated in the financing: Caisse de dépôt et placement
du Québec, European Fund Manager ACE Management through FCPR AEROFUND,
FIER Longueuil, Fonds Soutien Longueuil and, Investissement MSCI.
Mr. Pierre-Georges Roy, Chairman of the Board:
« Although Maetta was initially involved in aerospace, its expansion in the medical sector
in Europe and in the US is accelerating. All the shareholders of the company have
contributed to this round of financing. This confirms their trust in the team and in the
future of the company ».
Mr. Yvan Beaudoin, President and CEO :
« The interest for our technology in the medical sector is phenomenal mainly because of
the substantial cost reduction and new design possibilities it brings. We work with
leading European and US orthopaedic companies on key projects. This financing will
allow for the rapid growth required to meet our clients’ rising demand and the completion
of products aimed at the medical and aerospace sectors. We also plan to hire personnel
to meet the increase in sales. »
Maetta is specialized in the development of net-shape manufacturing technologies
based on powder injection molding. The company collaborates in the design and
manufactures to final shape complex parts that provide improved functionality and
significant cost reduction to its customers via its proprietary metal injection molding
process (MIM). www.maetta.ca.
About ACE Management
ACE Management is a portfolio management specializing in private capital
investment in technology companies around the sectors of the Aerospace,
Defence and Security. ACE Management advises or manages eight investment
vehicles representing more than 450 million dollars in capital on behalf of
industrial and financial leaders that include: EADS, Airbus, Safran and Fonds de
Solidarite des Travailleurs du Quebec (FSTQ). ACE Management invests in
companies with high technology content, strong growth potential and able to play
a role in structuring their business segment. It supports in particular the
consolidation and development of first and second tier sub-contractors in the field
of aeronautics.
75 boul. de Mortagne #109, Boucherville, Qc, Canada J4B 6Y4
Tél. : 450.641.5343 Fax : 450.641.5468, www.maetta.ca
About FIER Longueuil
FIER Longueuil is a member of the Fonds d’Intervention Économique Régionaux. It
invests in companies of various sectors with the potential for strong growth and returns.
About Fonds Soutien Longueuil
Fonds Soutien Longueuil provides financial assistance to the creation and
expansion of companies, and the improvement of working capital. Investment in
equity and quasi-equity may reach $ 250 000.The CLD Longueuil acts as
manager of the fund.
- 30 For information :
Charles Dupuy, CFA
Tel. : +1.450.641.5343
Email : [email protected]
75 boul. de Mortagne #109, Boucherville, Qc, Canada J4B 6Y4
Tél. : 450.641.5343 Fax : 450.641.5468, www.maetta.ca