PRESS RELEASE Mitsubishi Electric and SafanDarley announce cooperation in Benelux and Germany Ratingen, February 1st, 2013 Lochem, February 1st, 2013 Mitsubishi Electric Corporation, Japan, has been a leading developer and supplier of laser processing machines to the global sheet metal processing market for over 30 years. The company enjoys a global market share in excess of 15%, with over 10,000 laser processing systems shipped. Mitsubishi Electric Europe B.V., a wholly owned subsidiary of Mitsubishi Electric Corporation in Japan, and SafanDarley, a well-known manufacturer of press-brakes, shears and automated bending systems from the Netherlands, jointly announce that both companies will join forces with the appointment of SafanDarley as agent for the Mitsubishi Electric laser processing machines covering the Benelux region and a large part of the German market. Noriaki Himi, Senior Manager of Industrial Automation Machinery Department (Mitsubishi Electric Corporation) comments: “We are continuously looking to expand the reach of our laser processing solution to the wider European market. It is a technology with a great future, delivering users significant cost savings and helping to protect the environment. Our new relationship with SafanDarley is an important new step.” Mr. Himi adds: “Our priority is to find partners who have the same core values, experience, and reputation as us. SafanDarley is a partner that fits our criteria well and we believe this partnership will have a huge impact in the defined markets.” Wim van Kranen, Sales Director of SafanDarley, comments: “We are very pleased to announce this partnership, which will enable us to increase our market share in the near future. The Mitsubishi Electric laser is state of the art and fits perfectly to our high end equipment like the E-Brake and the H-Brake press brakes.” About Mitsubishi Electric With more than 90 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. With around 117.000 employees the company recorded consolidated group sales of 36.3 billion Euro* in the fiscal year ended March 31, 2012. Our sales offices, research & development centres and manufacturing plants are located in over 30 countries. Since 1978 Mitsubishi Electric has its German base in Ratingen near Düsseldorf. The wholly owned subsidiary of the Japanese company manages sales and marketing activities for nine Divisions in many European countries. * Rate of exchange 109,56 Yen = 1 Euro, date 31.03.2012 (source: Deutsche Bundesbank). About SafanDarley SafanDarley B.V. is a Company which belongs to the Nivora Group which also owns Bewo Cutting systems and Style CNC, all manufacturers of high quality machinery for the metal industry. SafanDarley also has a long history of more than 75 years. SafanDarley has two manufacturing locations in the Netherlands where they manufacture fully electric press brakes, hydraulic press brakes, shears and automated bending cells. SafanDarley has approx. 170 employees and subsidiaries in the UK, Germany and Taiwan. The produced equipment of SafanDarley is exported to more than 50 countries in the world. For more information visit: www.mitsubishi-laser.eu www.safandarley.com global.mitsubishielectric.com Press contact: Mitsubishi Electric Europe B.V. FA Mechatronics EDM/LASER Division Hiroshi Hasegawa Gothaer Str. 8 40880 Ratingen, Germany Tel.: +49 (0)2102 486-4940 Fax: +49 (0)2102 486-7090 hiroshi.hasegawa@meg.mee.com SafanDarley B.V. Wim van Kranen Kwinkweerd 11, 7241 CW Lochem, The Netherlands Tel: +31 (0)573 222 222 Fax: +31 (0)573 252 057 info@safandarley.com