LFoundry is moving forward

Rousset, France, December 12^th, 2011 – LFoundry Rousset, a subsidiary of LFoundry, announces today the signature of several customer agreements and partnership agreements, in the field of digital security, defense and space. According to Jean Pierre Delesse, President of LFoundry Rousset, “these agreements confirm that our new business plan is getting stronger, with a positioning on added value applications and with an innovative and competitive offer” LFoundry is forecasting 40% revenue growth in the next 3 years, with gross margin above 10%. The conclusion from a survey made by one of the most prestigious audit company is that the company has a good control of its financial situation, and has the ability to achieve its long term objectives. Thanks to the support of employees and to a new management team, LFoundry Rousset is well prepared to support their target markets as a key foundry manufacturer.

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