TES Announces New Direction and Leadership in India

Langon, France and Bangalore, India -- February 25, 2008 -- TES launched its new initiatives and management in its Bangalore based facility. Following the sale of the VLSI design services team to MindTree in December 2007, TES is now boosting its activities and focus to align with its global strategy of providing leading edge Custom Design and Manufacturing Services.

Effective immediately, TES is looking to grow its embedded hardware, software and system design team from currently 50 engineers to over 100 in the coming 6 months. The team will focus on several solution areas including IP Set Top Boxes, Multimedia technologies, and Short Range Wireless Technologies such as Bluetooth and RFID. TES India will also be an integral part of the IP Development team at TES. The team is also re-locating to new high-tech facilities including a state-of-the-art hardware lab.

TES has appointed K. P. Jagadeesh as the head of TES India to direct and lead this focus and growth initiative. K.P.J. has been heading up Sales at TES India for the past 3 years and is well established with over 18 years of Industry experience with companies such as Memec, GE Thermometrics and CDOT (Center for Development of Telematics). “K.P.J. is the ideal choice to head up our new initiative”, said Michel Desbard, CEO of TES. “His experience and energy will help TES India grow and become a solid and integral part of TES globally”.

TES entered India in 2005 with the acquisition of Purple Vision Technologies. The Indian subsidiary grew to over 200 engineers by the end of 2007 before the recent divestment of VLSI division to Mindtree. TES strategy on a global level has always been to deliver end-to-end services from concept through design and to full manufacturing. The recent divestiture of the VLSI design services division to MindTree allows the TES India team to better support and focus on the core TES direction.

TES customers globally will benefit from this move. Local customers in India will enjoy increased levels of service and support in the areas of software, hardware and system design and IP Development. TES customers globally will benefit from the deeper competences that will be developed.