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2 July 2009

e2v offers US customers new financing deals

e2v, a global leader in the design and supply of specialised components and sub-systems, has selected Ontario Credit Corporation to establish a US leasing program for Argus cameras, Stellar satellite amplifiers and TV broadcasting tubes.

Under the program, Ontario Credit Corporation will offer e2v customers a leasing payment plan where customers can structure a monthly billing option as an alternative form of payment to a single payment. The program is also available to e2v’s channel partners for their customers.

Bob Calabrese, e2v’s VP of Sales, US said: “We are always looking for opportunities to help our customers with additional services. In these difficult times we know that being able to offer additional payment options is going to be of real help to many of our customers who are looking at ways of spreading cash flow”.

“We are excited about this relationship and the opportunity to partner with an industry leader like e2v,” said Louis Centolella III, Vice President – Sales, Ontario Credit Corporation. “This financing program enables e2v’s customers the chance to acquire the equipment they need, when they need it. Our finance payment plans will appeal to the cash flow requirements of many of e2v’s customers.”

Please follow this link for more information about taking up a leasing option

For information on the financing programs, please contact:

Ric Beardsley
Regional Sales Manager
Ontario Credit Corporation
r.beardsley@ontariocreditcorp.com
Direct: (315) 459-6128
Office: (888) 883-6890
www.ontariocreditcorp.com

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Press contact:
Andy Bennett Group Marketing Communications Manager
mail to:andy.bennett@e2v.com

NOTES FOR EDITORS

About Ontario Credit Corporation – Ontario Credit is an independent leasing company which specializes in equipment leasing and financing solutions for our Fortune 500 to small business clients, as well as our valued partners.

About e2v

e2v’s objective is to be a global leader in the design and supply of specialised components and sub-systems that enable the world’s leading systems companies to deliver innovative solutions for medical & science, aerospace & defence, and commercial & industrial markets.

e2v is organised into four divisions:

• High performance electron devices and subsystems for applications including defence electronic countermeasures, radiotherapy cancer treatment, radar systems, industrial heating, satellite communications amplifiers and digital television transmitters.
• Advanced CCD and CMOS imaging sensors and cameras for applications including space, science and life science imaging, industrial process control, intra-oral and panoramic dental X-ray systems, military surveillance and automotive imaging.
• Specialist Semiconductors – including logic, memory and microprocessors for high reliability microprocessor and MRAM requirements, in partnership with Freescale Semiconductor and Everspin, mission-critical avionics and defence programs requiring high reliability integrated circuits, high speed data converters and sensor data acquisition utilising mixed signal application specific devices.
• A range of professional sensing products for applications including environmental safety, x-ray spectroscopy, automotive alarm and security systems, microwave radar and safety and arming devices, fire rescue and security thermal imaging.

For the year ended 31 March 2009, e2v achieved sales of £233m and is listed on the London Stock Exchange. In October 2008 e2v acquired QP semiconductor, a leading US-based designer and supplier of specialty semiconductor components used in military and aerospace applications, establishing e2v’s first US manufacturing base.

The Company is headquartered in the United Kingdom and has approximately 1700 employees in six production facilities across Europe and North America. e2v also operates a global network of sales and technical support offices, supported by local distributors and resellers.

Further information is available from www.e2v.com