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Embraer Defense and Security and Atech Announce Strategic Partnership - Embraer acquires 50% of the capital of Atech Negócios em Tecnologias S.A - Embraer.com
Embraer Defense and Security and Atech Announce Strategic Partnership

 

PRZOOM - /newswire/ - São José dos Campos, São Paulo, Brazil, 2011/04/12 - Embraer acquires 50% of the capital of Atech Negócios em Tecnologias S.A - Embraer.com. NYSE: ERJ; Bovespa: EMBR3

   
 
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Embraer Defense and Security announced the formation of a partnership with Atech Negócios em Tecnologias S.A., today, at LAAD 2011 (laadexpo.com), a defense and security trade fair being held April 12 to 15, in Rio de Janeiro. The synergy arising from this alliance seeks to ensure greater customer satisfaction in the long run, through broader solutions for complex systems, and it will offer genuinely Brazilian products for national and foreign defense and security markets.

This relationship will increase the capacity of the companies for developing products and services in the area of command, control, computer, communications, and intelligence (C4I) systems.

“Atech has thorough and solid knowledge, as well as products and services, in the C4I area, and the company is relevant to the Brazilian government in terms of systems that are critical to the Nation. In conjunction with Embraer Defense and Security, and due to the complementary nature of the portfolios, we will be better prepared for the challenges of the integrated systems market for defense and security, command and control, air defense, and air traffic control,” stated Luiz Carlos Aguiar, President of Embraer Defense and Security.

“The partnership with Embraer is one more sign that the productive efforts under national control are responding to the provisos of the National Defense Strategy, by offering better conditions for defense investments to accelerate Brazil’s technological development and strengthen its defense industry,” said Tarcísio Takashi Muta, President of Atech. “For Atech, associating with a world-class company having a global presence means strengthening its technological capacity, and having greater business security to continuously respond, in line with the demands and challenges raised by our clients in Brazil, besides leveraging greater exportation of products with a high aggregate value.”

Atech Negócios em Tecnologias S.A. closed out 2010 with revenues of R$ 50 million and shows the possibility of doubling them in 2011. The negotiation for acquiring 50% of the capital, for R$ 36 million, will be submitted to the Administrative Council for Economic Defense (Conselho Administrativo de Defesa Econômica – CADE) for evaluation.

About Atech
Atech Negócios em Tecnologias S.A. (atech.com.br) was founded in December 2009, from a partial split of Fundação Atech. The company has over 200 trained employees who have proven experience in developing technological solutions for accruing value to its clients’ businesses.

The company’s client base includes public and private organizations. It brings experience and capacity together by participating in several large-scale projects, such as the Amazon surveillance and protection systems (SIVAM and SIPAM); Brazil’s systems for air space management, air traffic control, and defense; the development and integration of mission systems for the P-3 maritime patrol aircraft; solutions for improving the effectiveness of responding to failures in the distribution of electrical power; management and support for decision-making in the areas of transportation, health and public safety, among others.

Atech develops strategic command, control, and intelligence solutions, and offers expert consulting services, and technical and logistical support, with involvement in all phases of the project: concept, specifications, development, integration, implementation management, installation, testing, maintenance, and training.

 
 
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Embraer Defense and Security and Atech Announce Strategic Partnership

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Embraer | Atech
Contact: Carlos Eduardo Camargo - Embraer.com 
+55 12 3927 1311 carlos.camargo[.]embraer.com.br
 
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