ESI Receives Multiple System Order From Team Young Advanced Ceramics Co. Inc. In Excess of $14 Million
August 10, 2000 02:58 PM Eastern Time
PORTLAND, Ore., Aug. 10 /PRNewswire/ -- Electro Scientific Industries, Inc. ESIO today announced the largest order to date for its electronic component manufacturing systems -- a multiple system order from Team Young Advanced Ceramics Co. Inc. for test and termination equipment used to produce miniature multi-layer ceramic capacitors. The order booked in ESI's current quarter and will ship over the next 12 months to Team Young's production facilities in Taoyuan, Taiwan and Dongguan City, China.
(Photo: newscom.com )
"We are very pleased with this long-term commitment by Team Young," said Bob Belter, President of ESI's Electronic Component Systems Group. "Team Young is one of the leading manufacturers and distributors of MLCC passive components in both Taiwan and international markets."
"We have selected ESI as our long term supplier not only for their advanced technology, but for their very strong service and support," said D. C. Wang, President of Team Young. "The high speed, automated equipment supplied by ESI allows us to rapidly expand our production capabilities to meet the increased demand for components."
Statements in this press release may include forward-looking statements that involve a number of risks and uncertainties that could cause actual results to materially differ, either better or worse, from those discussed. Such risks and uncertainties are numerous and are identified in the Company's Annual Report on Form 10-K and interim reports on Form 10-Q.
About ESI
ESI, headquartered in Portland, Oregon, designs and manufactures sophisticated products used around the world in electronics manufacturing including: laser manufacturing systems for semiconductor yield improvement; production and test equipment for the manufacture of surface mount ceramic capacitors; laser trim systems for precise electrical tuning of circuits; precision laser and mechanical drilling systems for electronic interconnection; and machine vision systems. Electro Scientific Industries is traded on the NASDAQ National Market System under the symbol, "ESIO." ESI's web site is esi.com.
SOURCE Electro Scientific Industries, Inc. |
