EADS NORTH AMERICA CHAIRMAN WELCOMES BARFIELD, INC. INTO U.S. HOLDING COMPANYDiscusses Future of Overhaul and Maintenance Enterprise Miami/Florida, 13 May 2003 On Tuesday the visit of Ralph Crosby, the Chairman and CEO of EADS North America, welcomed employees into the recently formed US holding company. Barfield has been incorporated into EADS North America, a US entity with total sales of greater than $500 million and more than 1800 employees in ten states and the District of Columbia. At a meeting with employees at Barfield, Inc. headquartered in Miami, Ralph Crosby discussed how the recently formed corporate entity, EADS North America, would benefit Barfield, which currently employs over 250 people in the Miami area, achieve its long-term goals in Miami. Mr. Crosby commented, “For over 30 years, Barfield, Inc. has provided leading-edge maintenance and overhaul services to many of the premiere airlines and carriers of the United States and Barfield has distinguished itself as a leader in this important sector. By joining EADS North America, Barfield will enjoy the benefits of a larger base in the United States, which should provide financial efficiencies, better integration into the US market, and an increased opportunity for growth. EADS is committed to expanding our role in the Untied States through organic growth of our existing businesses, partnering and direct investment.” Xavier Philibert, President and CEO of Barfield, Inc. added, “Barfield, Inc, is very pleased to be a part of EADS North America. Barfield, Inc.’s employment team comes from a technically skilled group of people in the Miami region. Strong growth, as Barfield has experienced over the last few years, has proven Barfield, Inc. to be a long-term, committed and beneficial contributor to the of the city of Miami. “ About EADS Sogerma Barfield Inc.EADS Sogerma Barfield, Inc., is based in Miami, Florida and Phoenix, Arizona, and provides a wide variety of support services for aircraft fleets. Repair and overhaul capabilities include avionics, instruments and accessories for all types of aircrafts. EADS Barfield also specializes in many different support activities including pooling programs, flight hour basis contracts, flat rate agreements as well as many other customized programs. For more information, please visit our website at www.barfield.eads.net. About EADS North AmericaEADS North America is the holding company for the North American activities of EADS, one of the world’s largest aerospace and defense companies. As a leader in all sectors of the defense and aerospace markets, EADS North America and its parent company, EADS contributes over $6 billion to the U.S. annually. With ten operating units and investments in 10 states and the District of Columbia, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security and defense agencies across the U.S. To learn more, please visit the EADS North America website at: www.northamerica.eads.net. Contact:
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