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Issue Date: October 2003

Océ to move assembly activities to China and Eastern Europe

1 October 2003

Océ Technologies has announced that it intends to transfer part of its assembly activities for printers and the associated sourcing of components from Venlo in The Netherlands to Eastern Europe and China in 2004.
The company expects to achieve a substantial cost price reduction by transferring these assembly activities to countries with lower labour costs, in addition to the lower purchasing costs that can be achieved in these countries. This cost price reduction will enable Océ to strengthen its competitive position on the world market. In addition, the transfer of part of the assembly activities to the Far East will enable Océ to intensify its market presence in that region.
It is planned that the assembly of modules will be transferred to Eastern Europe during 2004, while the assembly of fully developed wide format printing systems will be transferred to China. Océ's Venlo operation intends to focus on knowledge-intensive activities in the areas of R&D; and Manufacturing and Logistics, including the development and the production of strategic components and the assembly of complex printing systems for the world market.
For more information contact Lilian Hansen, Océ SA, 011 661 9555, lilianh@oce.co.za or see www.oce.co.za


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