pmdtechnologies starts new development center in Dresden/Germany

    February 27th, 2012 – Siegen/Luxembourg – pmdtechnologies ag (pmd) and IEE S.A. (IEE)
    announce the transfer of IEE Vision Sensing GmbH, a subsidiary of IEE located in Dresden, to pmd
    effective December 1st 2011.

    During the past five years, the IEE Dresden team has developed sophisticated mixed-signal ASIC
    designs for innovative sensor applications. They also helped to develop the core 3D Time-of-Flight
    (ToF) technology, which resulted in a variety of products based on IEE's 3D MLI Sensor - the Tailgate
    Detector TDflex, People Counter and Volumetric Object Surveillor. The mixed-signal chip design,
    along with the test and qualification experience of the Dresden team, will further strengthen pmd's
    leading position as a cutting-edge 3D ToF image sensor company. "The consolidation of the existing
    3D ToF know-how at pmd and IEE Vision Sensing will advance pmd's technology to new levels of
    innovation and quality," says Prof. Mierau, pmd's new Branch Manager Dresden.

    In addition to the acquisition, IEE and pmd have also established a strategic cooperation. IEE will
    continue to expand their 3D image sensing product portfolio, particularly for automotive and building
    security applications, while pmd will use their six years of experience supplying mass market 3D
    chips, to support both IEE's existing and new products.

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