March 14, 2012
Metem Corporation announces another global footprint through 50% acquisition stake in ECM Technologies

Parsippany, New Jersey, USA; March 15th, 2012 - Metem Corporation, a global technology pioneer and leader in non-conventional machining in the Industrial Gas Turbine industry announces the purchase of 50% ownership stake in ECM Technologies, an advanced precision electrochemical R&D machining company in the Netherlands.

As the leading ECM and EDM supplier to the IGT industry, Metem will now further expand its capabilities through the integration of ECM Technologies’ advanced research techniques and solutions in the field of Precision ECM thus paving the way for new technology adoption on a worldwide basis.

Based in Leeuwarden, Netherlands ECM Technologies is the world recognized leader in the field of precision electrochemical machining & R&D. Harnessing a uniquely talented group of chemical, mechanical and process engineers and an ever expanding database of proprietary scientific information, the company provides leading edge research, consultancy and training associated with electrochemical machining solutions.

The combination of Metem and ECM Technologies brings together outstanding research talent with extraordinary global manufacturing resources. Precision electrochemical machining offers significant advantages over conventional machining for high-temperature super alloys.

About Metem Corporation: Powering a Cleaner Energy Future
Metem Corporation is a privately held key supplier of machining and assembled components to the Gas Turbine and Aerospace industries. Founded in 1962, Metem is a pioneer in Electrical Discharge Machining (EDM) and Electro-Chemical Machining (ECM) of super alloy parts with complex cooling hole patterns.

Metem Corporation has been a leader for 50 years in developing advanced technologies to machine cooling holes that enable gas turbine engines to run cleaner and more efficiently. Today, Metem remains one of the leading providers of nonconventional and conventional machining services. Metem has manufacturing facilities in North America and Europe.

For more information contact:
Vidya Ravishankar

Vice President of Sales & Marketing (Global)

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