ACT Electronics Standardizes on eMPower Solutions from Tecnomatix; Company Optimizing New Product Introduction Programs and Enhancing Product Development.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--March 31, 2004 Tecnomatix Technologies Ltd., the driving force in manufacturing process management Manufacturing Process Management (MPM) is a collection of technology and methods used in the manufacture of products. It incorporates such technologies as computer-aided production engineering (CAPE), Advanced Planning & Scheduling (APS) , computer-aided manufacturing (CAM), (MPM MPM Multi-Processing Module (Apache) MPM Manufacturing Process Management MPM Milwaukee Public Museum MPM MMW (Millimeter Wave) Power Module MPM Master of Project Management (degree) ), today announced that electronic manufacturing solution provider ACT Electronics has standardized on Tecnomatix eMPower solutions across all of its U.S. manufacturing and design facilities. ACT has purchased a number of new licenses for key products in the eMPower PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. Assembly and Test suite from Tecnomatix Unicam, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Tecnomatix Technologies. ACT's decision to standardize on eMPower across all manufacturing facilities in the U.S. will allow the company to: -- Further optimize its new product introduction (NPI NPI National Provider Identifier, see there ) programs -- Enhance production line monitoring for faster problem resolution -- Balance production lines between machines to ensure optimal manufacturing -- Accelerate NPI debugging by checking part data files prior to transmitting to the machines -- Improve BOM and CAD importing and better compare BOM data between jobs -- Better manage libraries of part data files ACT began using Tecnomatix Unicam products in 1996, and since then over 95% of its programs and processes have been created using software from Tecnomatix, including all of its global part data libraries. "We chose Tecnomatix eM-Assembly Expert as the standard solution for all our U.S. manufacturing sites because of Tecnomatix Unicam's commitment to our business and their understanding of our technology needs," said Gary Barnier, executive vice president at ACT. "We evaluated the competition and chose Tecnomatix Unicam as our preferred software partner because we are confident in the support they can provide, as well as in their ability to provide the latest and greatest technology." "ACT is a long-time strategic partner of Tecnomatix, and we are pleased to see the relationship continue to develop," said Israel Levy, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Tecnomatix Unicam. "ACT realizes the importance of every strategic advantage in today's competitive manufacturing market, and understands the benefits of deploying MPM solutions company-wide to accelerate NPI cycles and continue to meet changing customer demands." About eM-Assembly Expert eM-Assembly Expert is part of the eMPower PCB Assembly & Test suite from Tecnomatix Unicam, an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for collaboratively creating, optimizing and managing PCB New Product Introductions (NPI). It enables electronics manufacturers to increase productivity, reduce costs and easily transfer and share jobs between different plants. eM-Assembly Expert seamlessly integrates with other eMPower for Electronics solutions, including eMPower Execution Systems for real-time access to shop-floor information and performance monitoring, and eMPower Box Build for integration into final assembly processes. About ACT ACT Electronics, Inc., headquartered in Hudson, Massachusetts, provides value-added electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). to original equipment manufacturers in the networking and telecommunications, computer, industrial and medical equipment markets. The Company provides OEMs with complex printed circuit board assembly primarily utilizing advanced surface mount technology, electro-mechanical subassembly sub·as·sem·bly n. pl. sub·as·sem·blies An assembled unit forming a component to be incorporated into a larger assembly. , total system assembly and integration, mechanical and molded cable and harness assembly, and other value-added services. The Company has operations in California, Massachusetts, Mississippi and Taiwan. About Tecnomatix Technologies Ltd. Tecnomatix Technologies Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TCNO TCNO Time Compliance Network Order (USAF) TCNO Tactical Computers Network Operators ) is the driving force in Manufacturing Process Management (MPM). Today's leading global manufacturers are adopting MPM solutions to expand revenue potential and reduce costs by accelerating product introductions, shortening time shortening time n. an order of the court in response to the motion of a party to a lawsuit which allows setting a motion or other legal matter at a time shorter than provided by law or court rules. to volume, and optimizing production execution. For additional information about why manufacturing leaders around the world are turning to Tecnomatix MPM solutions, visit www.tecnomatix.com. This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the Company's plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, market demand for Tecnomatix products and services, long sales cycles, new product developments, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchange Commission. Tecnomatix undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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