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November 2002 - Component Seals

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AESSEAL Brasil LTDA Opens for<br />

Trading in Sao Paulo<br />

Jose Fabio<br />

Camocardi -<br />

Head of<br />

AESSEAL Brasil<br />

and the new<br />

premises in Sao<br />

Paulo<br />

In September this year a deal was<br />

finalised to officially setup AESSEAL<br />

BRASIL Ltda.<br />

33 year old Jose Fabio S. Camocardi, a<br />

graduate in Mechanical Engineering and<br />

Business Studies will lead the new operations in<br />

Sao Paulo.<br />

Fabio was originally involved in the foundation<br />

of a small company supplying engineered<br />

products in 1996, working as general manager.<br />

The company started as a distributor for several<br />

different companies in Brazil and after their first<br />

year of operation started as an AESSEAL ®<br />

distributor.<br />

Fabio said "After some years working with<br />

AESSEAL ® , I realized the great potential of the<br />

company as a 'global player' and was excited<br />

by the revolutionary approach to customer<br />

service in the AESSEAL ® philosophy."<br />

In June of 2000, Fabio had the opportunity to<br />

open a small company to sell gland packings<br />

and gasket sheets. MECAM Tecnologia was<br />

created and started with two employees in a 50<br />

square metre office. Following a brief period as<br />

a non-exclusive distributor, September <strong>2002</strong>,<br />

MECAM and AESSEAL ® completed a "joint<br />

venture" and formed AESSEAL BRASIL.<br />

Soon after this, MECAM won its first great<br />

contract as the exclusive mechanical seal<br />

supplier for CENIBRA, a major Pulp<br />

manufacturer in Brazil, which pushed the<br />

company forward into the Pulp and Paper<br />

business.<br />

In September <strong>2002</strong>, due to huge increases in<br />

business, MECAM moved to new premises with<br />

an area of almost 500 square meters. The<br />

premises house inventory, seal assembly,<br />

testing, repair facilities as well as sales and<br />

administration facilities.<br />

AESSEAL BRASIL is located in the State of Sao<br />

Paulo, the largest city in Brazil with almost 11<br />

million inhabitants.<br />

They now have 10 direct employees including<br />

Fabio and during October <strong>2002</strong> another 3 new<br />

salesmen will be hired.<br />

Fabio has ambitions to dominate the Brazilian<br />

mechanical seals market and in his own words<br />

says "Unfortunately, there is no reward for<br />

second place in this game. We know it will take<br />

a long time to become number one but I am<br />

only 33 years old and all of our employees are<br />

very enthusiastic."<br />

"AESSEAL BRASIL must grow and will grow<br />

fast! If we do not believe we can do it, we will<br />

never do it!"<br />

New AESSEAL ® Non-Exec. Director<br />

Hamdi Conger joined the Board of<br />

AESSEAL plc as a Non-Executive<br />

Director on 1st September <strong>2002</strong>.<br />

Hamdi is 51 and married with 3 children, all in<br />

their 20s. He has extensive international general<br />

management experience in global<br />

engineering/transportation organisations and a<br />

strong track record in business growth and<br />

change management.<br />

Recently he has been Senior Vice President of<br />

Alstom Transport Service Business Worldwide,<br />

an organisation with sales of US$900m. Before<br />

that he was President of Allied Signal Sogefi<br />

Automotive Europe.<br />

His other roles have included Managing Director<br />

of SCA Packaging Benelux BV; Managing<br />

Director of AP Lockheed Automotive and<br />

General Manager of Parker Hannifin UK.<br />

He graduated as a Mechanical Engineer from<br />

the University of Leeds and followed that with<br />

an MBA, majoring in Management Accounting<br />

from the University of Bradford.

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