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Gold/Mining/Energy : MOSAID Technologies Inc.

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To: Ahda who wrote (206)7/12/2000 4:47:11 PM
From: Ahda  Read Replies (1) of 219
 
More figures to play with VBG.Wednesday July 12, 3:35 pm Eastern Time
Company Press Release
MOSAID Receives Multiple Orders from Samsung Electronics
OTTAWA--(BUSINESS WIRE)--July 12, 2000--MOSAID Technologies Inc. (TSE:MSD - news) today announced that Samsung Electronics Co., Ltd., a world leader in the electronics industry, has purchased multiple MS4155 Engineering Memory Test Systems, data analysis tools, and other related products for their Korean engineering facilities.

Valued at several million dollars, the systems will be used to test a wide range of semiconductor memory devices, in various stages of engineering development and in production test environments.

Over several months, Samsung Electronics evaluated a variety of engineering memory test systems. After an exhaustive analysis and benchmarking of all aspects of technical performance, price justification and support, Samsung Electronics selected MOSAID's Model MS4155 Memory Test System.

Commenting on the order, Glenn Evans, General Manager of MOSAID's Systems Division, said, ``We are very pleased to have been selected to continue supplying Samsung Electronics with advanced solutions. Samsung has extensively used every generation of MOSAID's engineering test systems for over 15 years.''

Mr. Evans continued by saying, ``Our long relationship with Samsung has brought tremendous value to both companies. Being successful in meeting this world leader's requirements demonstrates that we have the products and services to maintain our leadership position in test. By continuously working with companies like Samsung Electronics and investing heavily in engineering development, MOSAID is able to offer superior quality, high value-added engineering test systems.''
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