News Release

Global Expansion of Parent SDC Technologies

Irvine, CA – March 22, 2013

FSI Coating Technologies, Inc. (FSICT), the globally recognized leader of premium, high performance, anti-fog coating solutions is proud to announce that its parent company, SDC Technologies, Inc., has opened a new location in Singapore (SDC Technologies, Asia-Pacific) to also support FSICT operations including manufacturing, sales, distribution and technical support. SDC Technologies, Inc. is a wholly-owned subsidiary of Mitsui Chemicals, Inc.

“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 FSI COATING TECHNOLOGIES

FSI Coating Technologies (FSICT) based in Irvine, California, was founded in 1986. In 2010, FSICT was acquired by SDC Technologies, Inc. FSICT is a globally recognized developer and manufacturer of innovative commercial industrial coatings and film products. FSICT offers a wide variety of premium, high performance anti-fog solutions. Applications include medical, military, safety and sports eyewear, as well as industrial sheet and PET film for commercial freezer display doors. FSI Coating Technologies is a wholly-owned subsidiary of SDC Technologies, Inc.

ABOUT SDC TECHNOLOGIES

Founded in 1986, SDC Technologies, Inc. is headquartered in Irvine, California. In 2008 Mitsui Chemicals, Inc. acquired SDC. SDC 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 of 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™).