Barco Visual Solutions, LLC

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Barco is a world leader in business-to-business markets, in which it offers professional display and visualization solutions. Based upon in-depth market knowledge and leading-edge technology, Barco solutions help customers improve productivity and effectiveness. Barco, a global company, operates in almost 100 countries. The company is headquartered in Belgium, with major R&D and manufacturing facilities located across Europe, the USA and Asia. Worldwide, the company employs 4,095 people and realized sales close to euro 630 million in 2003. Barco is quoted on Brussels/Euronext and is part of the BEL 20 and Next 150 indexes. Five core divisions, supported by the Barco Manufacturing Services division, target the various key markets of the company. Core divisions include the existing BarcoVision and BarcoView divisions, as well as the newly created Barco Control Rooms, Barco Media & Entertainment and Barco Presentation & Simulation divisions. These last three divisions came into being as a result of the strategic reorganization of BarcoProjection into three independent divisions on 1 January 2004. This refocus underlines Barco’s strategy to operate as close as possible to the customer and to enlarge the international segment of its various markets, without cost increase. As such, the reorganization is in line with Barco’s market-oriented approach that is characteristic of the company’s operations and a key factor in Barco’s successful growth. To further increase efficiency and thus substantially reduce cost, all subcontracting activities of the Barco Manufacturing Services division have been consolidated into a single location in Belgium and one in the Czech Republic.