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Technology Stocks : PRI Automation (PRIA) -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (806)	9/15/1999 8:00:00 AM
From: cluka	Respond to of 1214

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To: orkrious who wrote (806)	9/16/1999 1:02:00 PM
From: Proud_Infidel	Respond to of 1214

PRI Wins Full Factory Automation Order From Southeast Asian Chip Manufacturer - $8.3M Contract Strengthens Leading Position With Semiconductor Foundries - BILLERICA, Mass., Sept. 16 /PRNewswire/ -- PRI Automation, Inc. (Nasdaq: PRIA - news), the leader in semiconductor factory automation, today announced a full factory automation order from a large Southeast Asian semiconductor manufacturer. PRI will install a complete factory automation solution consisting of the AeroTrak(TM) overhead monorail system, PRI's next generation TurboStocker(TM)200 wafer storage systems and TransNet(TM) material control software in the new 200 mm wafer processing foundry. ''Asia is a strong growth market for us and we are pleased to see our market share expand in this important region,'' said Mitch Tyson, president and chief executive officer of PRI Automation. ''PRI is the leader in providing complete factory automation solutions to the world's leading semiconductor foundries and this order is a good example of how our strategic investments are returning value to the company. By investing in our Asian support infrastructure during the downturn, we are now well positioned to capture new market opportunities in the region as the industry returns to higher levels of growth.'' ''Our customer had two main criteria for selecting their factory automation supplier,'' said Bob Postle, vice president sales and international operations of PRI Automation. ''First, because their manufacturing environment is so demanding, they require a highly flexible solution to meet their changing production requirements. And secondly, they need a supplier that has the local service and support infrastructure to ensure their production goals are met. Customers have long recognized our solution as being the most flexible and with our local support capabilities we easily met their criteria.'' PRI's goal is to help semiconductor manufacturers increase overall factory effectiveness (OFE) by providing a complete solution of hardware, software and services that controls and manages the manufacturing process by optimizing the flow of products, data, materials and resources throughout the production chain. By automating the semiconductor manufacturing process with PRI's ''intelligent'' automation solutions, manufacturers can increase fab productivity and achieve a greater return on their investment. About PRI Automation PRI Automation, Inc., headquartered in Billerica, Massachusetts, is the leading global supplier of advanced factory automation systems and software that optimize the productivity of semiconductor and precision electronics manufacturers as well as OEM process tool manufacturers. PRI is the only company to provide a tightly integrated and flexible hardware and software solution that optimizes the flow of products, data, materials and resources throughout the production chain. The company has thousands of systems installed at approximately one hundred locations throughout the world. For more information visit PRI online at www.pria.com. biz.yahoo.com