ECA Group was recently awarded a new export contract for the delivery of three Mine Counter Measure unmanned systems. This contract, around 10M€, includes the supply of three INSPECTOR Mk2 Unmanned Surface Vehicles (USV).

These Inspector Mk2 will be fitted with the most recent subsea robotic system developed by ECA Group in 2015:

• TOWSCA which will significantly increase the survey capability of Inspector Mk2 for this customer. TOWSCA, is a high resolution Towed Side Scan Sonar remotely deployed from the aft deck of the USV. With its automatic seabed follower, it can operate in medium water from 10 to 100m depth and shallow to very shallow waters. It completes the Interferometric Sonar fitted on the bow mast of the USV INSPECTOR Mk2. All Seabed data gathered by TOWSCA are real time transmitted to the control station through the USV high data rate radio link.
• Each of These USVs is also equipped with two SEASCANs. The SEASCAN is the new generation of identification vehicle in the ROV (Remotely Operated Vehicle) range. SEASCAN is deployed with a compact launch and recovery system (LARS) and is able to operate up to 3h in a range of 1000m around the USV and in water depth down to 300m. The USV's radio link is used to operate the SEASCAN and to recover in real time sonar and video data.

This Mine Counter Measure system can be operated autonomously or remotely from a distant control station. The first system will be delivered by the end of 2016 followed by two others in 2017 and 2018.

These two new developments complete the USV INSPECTOR Mk2 capability as well as the entire ECA Group range of solutions dedicated to Mine Counter Measures missions. Inspector Mk2 USVs together with ECA Group Autonomous Underwater Vehicles (A9, A18…) and IT180 Unmanned Aerial Vehicle constitute the basis of Robotics Unmanned Mine Countermeasures systems. Various payloads and equipment can be fitted on each of these drones. This makes ECA Group capable to provide customers all over the world the set of robots fitting the best with the operational requirement and the ECA Group fully integrated mission management system (UMIS).

ECA Group is the only Mine Countermeasures Systems manufacturer with a range of robots and drones including AUVs, USVs and UAVs.

Disclaimer

This press release could contain statements on past events and forward-looking statements including statements regarding future goals or targets. Forward-looking statements reflect current expectations for results and future events.

Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that may cause actual results, performance or events to differ materially from those anticipated herein. All these risks and uncertainties could affect the Group's future ability to achieve its targets. Risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements and targets include, among other things: the risks and uncertainties possibly mentioned in this press release; the strength of competition; the growth of the market; currency fluctuations; interest rate fluctuations; raw materials and freight price fluctuations; armed conflicts or political instability; control of costs and expenses; changes in tax legislation, rules, regulation or enforcement; our ability to successfully keep pace with technology changes; our ability to attract and retain qualified personnel and key-men; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; supply chain bottlenecks; the performance of our business partners (subcontractors, agents, suppliers, etc.).

Some of these risk factors are set forth and detailed in our Document de Référence (Registration Document including the annual financial report filed with the French Autorité des Marchés Financiers). This list of risks, uncertainties and other factors is not limitative. Other non-anticipated, unknown or unforeseeable factors could also have material adverse effect on our targets. The Group expressly disclaims any obligation or undertaking to update or revise any forward-looking statements or targets potentially contained in this press release to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based.

Follow us on Twitter for live updates
from Groupe Gorgé!

@GroupeGorge

About Groupe Gorgé

Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise:

Smart Safety Systems – Using technology to work in risk environments;

Protection in Nuclear Environments – Protecting people and securing buildings operating with radioactive materials;

Industrial Projects & Services Conducting Robotics and Fire protection systems projects for industry and service-sector player;

3D Printing – Enabling major industry players to find new routes to successful innovation and production processes by providing systems, 3D printers and new premium material.

In 2015, the Group reported revenue of €264.8 million. It is backed by 1,600 employees and operations in over ten countries.

More information available on www.groupe-gorge.com

Groupe Gorgé is listed on Euronext Paris and on the US OTC market in the form of ADR.

Contacts

Groupe Gorgé – Raphaël GORGÉ – CEO & Chairman – Tél. : +33 1 44 77 94 77 – E-mail : contact@groupe-gorge.com

Actus Finance – Natacha MORANDI – Analysts/Investors Relations – Tél. : +33 1 53 67 36 72 – E-mail : nmorandi@actus.fr

Actus Finance – Jean-Michel MARMILLON – Press Relations – Tél. : +33 1 53 67 36 73 – E-mail : jmmarmillon@actus.fr

Image 7 – Lauranne Guirlinger – Press relations – Tél. : +33 1 53 70 74 18 – E-mail : lguirlinger@image7.fr