MULANN Organizes its Activities and Reinforces its Management Team

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In the wake of going public and the acquisition of PYRAL, MULANN a developer and manufacturer of production equipment for the smart and plastic card industries and magnetic tapes, announces the addition of new talents to its Management Board and the new structuration of its activities to sustain the company’s anticipated fast growth.

MULANN

MULANN

Jean-Luc Renou, MULANN CEO declares: “with these new key executives, we are structuring our organization to bring under a single management the MULANN and PYRAL activities."

Ms. Aurelie Blot is appointed as Chief Commercial Officer for MULANN Group. She is in charge of developing the commercial presence of the company on a global basis for both the MULANN activities (production equipment for the smart and plastic card industries) and PYRAL products (magnetic tape and products for cards and tickets). Aurelie Blot becomes a member of MULANN Management Board and will be instrumental in achieving the EUR 8 million sales 2015 objective for the company. In her latest position before joining MULANN, Aurelie Blot was sales manager for test and production machines for cards and ePassports with BG Ingenierie.

Mr. Laurent Perdrieau is appointed as Chief Technology Officer for MULANN Group. Laurent Perdrieau, after more than two years with MULANN, is now in charge of all the Research & Development activities for MULANN (production equipment) and PYRAL (magnetic products and foils). Laurent Perdrieau becomes a member of MULANN Management Board. Laurent Perdrieau already has accumulated over 25 years of experience in embedded systems and information and communication technologies. He was previously a consultant specializing in ICT and project management.

Mr. Gilles Lepage is appointed as Director of MULANN plant in Avranches (France), which manufactures products sold under the PYRAL brand name: magnetic tape manufacturing for the smart card and magstripe cards and ticket industries. In this newly created position as of February 2nd, 2015, Gilles Lepage is responsible for the structuration, organization and development of the industrial activities in Avranches (France) factory, in order to sustain the anticipated group growth. Gilles Lepage comes with a longstanding background in industrial activities especially in the automotive industry in France and the Czech Republic. In his latest position, Gilles Lepage was Factory Director for Magnetto Automotive for more than 10 years.

Jean-Luc Renou, MULANN CEO declares: “with these new key executives, we are structuring our organization to bring under a single management the MULANN and PYRAL activities. After our successful introduction on the Marché Libre of Euronext Paris, we are planning to expand our activities and be listed in Euronext Paris regulated market within the next two years.”

MULANN Group encompasses MULANN SA, in charge of the development of manufacturing equipment for the smart card industry (banking card, transport cards and tickets, ID cards and driving licenses) and SIM cards (smartphones), and MULANN Industrie SAS, which includes the magnetic products and foils manufacturing, especially targeting the card and ticket markets, sold under the PYRAL brand name.

About MULANN (http://www.mulann.com and http://www.pyral.fr) – Headquartered in Lannion, France, MULANN develops, manufactures and integrates equipment for the smart card industry (banking card, transport cards and tickets, ID cards and driving licenses) and SIM cards (smartphones). MULANN also manufactures magnetic tape for magstripe cards and tickets. MULANN Group anticipates reaching EUR 8 million turnover in 2015.

MULANN is quoted on the Marché Libre of Euronext Paris – ISIN: FR0012395424 –
Ticker: MLMUL

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Jean-Luc RENOU, Chairman and CEO
MULANN
+33 2 96 14 16 59
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