SMT, PCB Electronics Industry News

Original Solutions Closes $6.125 Million �A� Round Investment

Jul 07, 2003

(Montreal, Quebec, June 16th, 2003) Original Solutions Inc., a Montreal-based test and inspection solutions provider for the printed circuit board assembly (PCBA) industry is pleased to announce the successful completion of its �A� round of financing for $6.125 million dollars from le Fonds de solidarit� FTQ ($2 million) Investissement Desjardins ($2 million), Innovatech Montr�al ($1.125 million) and GTI Capital ($1 million). �Realizing this investment and obtaining the confidence of our valued financial partners shows how unique the Original Solutions proprietary technology really is.� says Don Gibbs, President and Chief Executive Officer for Original Solutions. �This round of financing will be used primarily to launch our sales and marketing initiatives.� �As PC boards become more complicated and dense, current PCBA inspection technologies will not be sufficient to ensure product quality in the future. BLUE DOT technology was developed in order to meet growing demands for fast, accurate and repeatable defect detection. The power of the BLUE DOT system is its simple and generic platform that can be used by both humans and machines alike.� says Mike Feld, Founder and Chief Technical Officer for Original Solutions.

Jos�e Beaulieu, Director of Investments for Industrial Innovations for le Fonds de solidarit� FTQ, says �The automated inspection equipment offered by Original Solutions is a step ahead of the competition primarily driven through its innovative BLUE DOT intellectual property. Original Solutions has also developed next generation software that automatically adds the markers required to areas where components will be installed. These markers are imperative in order to get the full effect of BLUE DOT technology and identify defects common during the manufacturing cycle such as missing or misaligned parts on a printed circuit board. The technology Original Solutions offers is quite innovative and sets them apart from systems currently offered in the market. Furthermore, the company owns 3 products tailored to be used with BLUE DOT technology. This round of financing will create 35 jobs within the next few months.� �ric Favreau, Vice President Industrial Sector for Investissement Desjardins, is quite excited to be associated with Original Solutions �The market for inspection equipment for PCBs has tremendous potential and the management team in place has all the experience necessary to meet the growing demands in the electronics inspection industry.� Pierre Coutou, VP Advanced Technology & Communications Sector, for Innovatech Montr�al says that �Original Solutions responds to our investment criteria, with a very experienced management team and an innovative product offering within a mature market with a distinct need.� �Original Solutions offers its clients quality products that sets it apart from its competition with a quantifiable return to its customers. The company possesses all the necessary tools to be successful� says Bernard Hamel, President of the Board & Senior Partner at GTI Capital. �GTI is proud of its association with Don Gibbs and his team� says Jean Desjardins, Partner at GTI Capital. �Original Solutions possesses a innovative solution to detect defects on a printed circuit board.�

ABOUT ORIGINAL SOLUTIONS Located in Montreal, Quebec, Original Solutions is a test and inspection solutions provider for the PCB industry. To this end, it has developed a unique, innovative and patented inspection platform called BLUE DOT Technology. Using the inherent properties of the most common PCB materials, Original Solutions incorporates BLUE DOT technology into the standard PCB design and fabrication process. To find out more about BLUE DOT Technology and associated products, visit us on the web at http://www.original-solutions.com or email us at info@original-solutions.com ABOUT LE FONDS de SOLIDARIT� FTQ With assets in excess of $4 billion in 2003, le Fonds de solidarit� FTQ is an investment fund that makes use of Quebecers� savings, particularly through its RRSP, to help create and maintain jobs in companies and to contribute to the economic development of Quebec. With over 500,000 shareholders, Le Fonds has helped create, maintain and protect over 93,000 jobs, either on its own or with other financial partners. (www.fondsftq.com) ABOUT INNOVATECH MONTR�AL A venture capital company, Innovatech Montr�al specializes in technological innovation from startup to success. It is renowned for exclusively financing technological innovation at the startup or technology transfer stage. Innovatech focuses its efforts on several dynamic industries: information and telecommunications technology, health sciences and advanced technology. Innovatech Montr�al is Quebec�s leading high-tech investor. (www.innovatech.qc.ca) ABOUT INVESTISSEMENT DESJARDINS Investissement Desjardins is the venture capital fund management arm of the Mouvement des Caisses Desjardins. It manages the assets of ID, a limited partnership, the six Investment Desjardins regional funds, as well as Capital r�gional et coop�ratif Desjardins, a public fund whose assets are projected to reach $1.5 billion over the next ten years. More than a financial partner, Investissement Desjardins makes its network and expertise available for businesses in their start-up, growth and expansion, as well as their plans for mergers, acquisitions or public offerings. More than 140 companies are already associated with Investissement Desjardins (www.desjardins.com/id). ABOUT GTI Capital Established in 1992, GTI Capital is a Montreal-based venture capital firm dedicated to emerging IT enterprises. It applies a fundamental approach to investing and avoids speculative, momentum-driven investments. GTI Capital is particularly interested in the following segments: Business-to-Business e-commerce, Network solutions and convergence technologies, Knowledge Management, Enterprise Application Integration, as well as Electronics and Photonics. (www.gticapital.com)

INFORMATION

Alex Feld Director of Marketing Original Solutions Telephone : (866) 990-9555 x222 Fax : (514) 856-1121 afeld@original-solutions.com

Dani�le Routhier Director Public Affairs Investissement Desjardins Telephone : (514) 281-2211 daniele.routhier@invdesjardins.com

Bernard Hamel President of the Board & Senior Partner GTI Capital Telephone : 514-845-3800, x26 mailto:bernard.hamel@gticapital.com

Pierre Leduc Principal Adminstrator for Public Relations and Press Fonds de solidarit� FTQ Telephone : 1 800 361 5017 mailto:pleduc@fondsftq.com

Susan Dub� Innovatech Montr�al T�l�phone 514- 864-2929 mailto:sdube@innovatech.qc.ca

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