News Release

Global Expansion – Opening Singapore Operations

Irvine, CA – October 21, 2013

Established in 1986, SDC Technologies, Inc. (SDC), the leader in premium high performance coatings is pleased to announce the opening of its new SDC Technologies, Asia Pacific, Pte. Ltd. facility to align more closely with its global customers.

“The Singapore center will enable SDC to expand its leadership in high performance coatings systems across Asia and emerging world economies, and advance its global vision and collaboration with customers,” said Antonios Grigoriou, President and CEO of SDC Technologies, Inc. “The new location will allow SDC to increase its manufacturing capabilities, create new jobs, and enhance supply chain management in the Asia-Pacific Rim. We chose Singapore for its strategic location, active trade, and richly diverse economy. Singapore is a leading business hub for expanding service and support to customers in this region — It ranks number one for investment potential and second place for competitiveness, a winning combination to support strategic growth, strengthen opportunities, and maximize stakeholder value,” he continued.

“I am enthusiastic about our enhanced competitive position and very pleased with the strategic direction to further expand our global operations. This will dramatically enhance business opportunities and strengthen our market presence as we become more closely aligned to our global customers,” said Richard Chang, Group Vice-President for SDC Technologies, Inc. for FSI Coating Technologies, a wholly-owned subsidiary of SDC Technologies.

ABOUT SDC TECHNOLOGIES
Founded in 1986, SDC Technologies, Inc. is headquartered in Irvine, California. SDC was acquired in 2008 by Mitsui Chemicals, Inc. and is the pioneer of innovative performance-based abrasion resistant coatings used in a variety of applications from aerospace and automotive parts to vision eyewear.

ABOUT MITSUI CHEMICALS
With roots tracing back to 1892, Mitsui Chemicals, Inc., headquartered in Tokyo, Japan, is the leading manufacturer and supplier of value-added specialty chemicals, plastics and performance materials for multiple industries including agriculture, automotive, building and civil engineering, electronics, energy, healthcare and packaging. MCI has more than 30 years’ experience in the development and production of innovative premium high-index optical lens materials under the MR™ Series brand name (MR-8™, MR-7™, MR-10™, MR-174™).