Metris Outsources C3 CMM Manufacturing By Spinning Off Italian CMM Operations


Leuven, January 16th, 2009 - Metris announces that its Italian C3 CMM operations continue as an independent organization. Metris will continue to source its aluminum-based C3 range of CMMs from its spin-off that also becomes the exclusive reseller of Metris products for Italy.

Angelo Muscarella, former CEO of Coord3 and sales director of Metris Italy, takes over the Bruzolo operations from Metris to create an independent CMM company. This new company includes both the development and manufacturing of C3 CMMs and the Italian sales and customer service team, totaling about 70 employees.

"The divestment of the Italian operations fits our strategy to variablize fixed operational costs to deal with declining demand due to the global recession," comments Bart Van Coppenolle, President and CEO of Metris. "At the same time it has no impact on our product portfolio, as Metris will continue to source its aluminum-based C3 range from its spin-off. As such, we continue to sell aluminum-based C3 CMMs next to the ceramic LK CMMs as part of our continued commitment to deliver total CMM-based metrology solutions."

"Being part of the Metris company for almost 2 years has had a positive impact on the Italian CMM operations, as we optimized our internal processes and provided the sales force a cutting-edge competitive product portfolio", adds Angelo Muscarella, new CEO of the spin-off named Coord3 Industries S.r.l. , "With the integration of laser scanning on our CMMs and Metris handheld metrology solutions, such as K-Scan MMD and MCA articulated arms with ModelMaker scanners, we are ready for the optical revolution. With Metris being our partner, we are also ideally positioned to distribute and integrate large-scale metrology solutions, including iGPS, iSpace and Laser Radar in Italy.

This deal has no impact on the MCA articulated arm operations in Villafranca, Italy.

About Coord3 Industries

Coord3 S.r.l. is headquartered in Bruzolo, Torino, Italy. The core competencies of the company are "to deliver total solutions for 3D measuring", and "to manufacture high quality machines equipped with state-of-the-art software and controllers". Coord3 is one of the Italian leaders in CMM and has a worldwide installed base of aluminum bridge and large gantry machines with many key accounts in different high tech businesses. Coord3 industries S.r.l markets its CMMs on a global scale through a network of agents and service centers.

For more information please contact info@coord3.it .

About Metris

Metris (Euronext - MTRS) designs, develops and markets a unique range of 3D hardware and software inspection systems servicing design and manufacturing industries.
The company's reliable and innovative metrology solutions cover the full range of measurement volumes required by automotive and aerospace customers, in both fixed and portable configurations and with optical and/or touch sensors.
Metris Headquarters are based in Leuven, Belgium, with additional production and development centers in Belgium, UK, Italy, US, China, India and Bulgaria. Metris provides a worldwide network of sales and support offices located in Europe, Asia, and America.

More information on Metris can be found at www.us.metris.com

Contact

Peggy Long - Metris USA - Tel (810) 220-4360

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