Accelonix Ltd. UK Joins Ranks of Tecnomatix Sales Channel Partners in Europe.Business/Technology Editors New Agreement Covers Distribution of eMPower Electronics Manufacturing Solutions in UK and Ireland; Builds on Existing Partnership in France and Spain 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) ) solutions, has announced a new partnership agreement with Accelonix UK (formerly BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). UK), under which Accelonix will act as a Sales Channel Partner distributing Tecnomatix eMPower(TM) MPM electronics manufacturing solutions in the UK and Ireland. This newly signed partnership is an extension of an existing successful collaboration between Tecnomatix Unicam and Accelonix in France and Spain. Tecnomatix Unicam is 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. With this agreement, Accelonix is now marketing Tecnomatix 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 solutions in the UK, Ireland, France and Spain. eMPower PCB Assembly and Test MPM solutions are designed for collaboratively creating, optimizing and managing New Product Introduction (NPI NPI National Provider Identifier, see there ) and test processes within electronics manufacturing. eMPower Execution Systems are an end-to-end Web-based solution set for real-time collecting, sharing, and analyzing of manufacturing process data, and the managing of assembly operations performance across the extended enterprise. "We are delighted to be working with Tecnomatix Unicam in the UK," said Paul Phillips, co-founder of the BSE Group, of which Accelonix is a member company. "The Tecnomatix Unicam NPI products complement our existing portfolio and this agreement represents a significant step forward in our strategy to offer complete solutions to the electronics sector." "Accelonix has proven their expertise in 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). ," 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. "This expansion of eMPower PCB Assembly and Test distribution, combined with our direct sales of eMPower Execution Systems, will help bring complete MPM solutions to electronics manufacturers throughout the United Kingdom, Ireland, France and Spain. Based on our experiences with BSE in France and Spain we are confident that they will build on our shared success by continuing to help electronics manufacturers bring products to market faster and at lower cost." 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 enhancing manufacturing's ability to support the business strategy of choice. These companies are using Tecnomatix eMPower MPM solutions to accelerate product introductions, shorten time to volume, and optimize production execution. eMPower enables our customers to succeed with its collaborative, open platform and applications for defining, simulating, managing, and executing manufacturing processes across the extended enterprise. For additional information about why automotive, electronics, aerospace and other discrete manufacturing leaders -- such as BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Ford, GM, Mazda, Comau, Faurecia, Sanmina-SCI, Solectron, Nortel, Philips, Boeing, Airbus, GE Aircraft Engines, Lockheed Martin - are turning to Tecnomatix MPM solutions, visit www.tecnomatix.com About Accelonix UK Ltd Accelonix UK is a member of the BSE Group of companies, which operate throughout western European with offices in the UK, Ireland, France, Benelux, Spain and Portugal. Accelonix is a solution provider in the areas of automatic microelectronics assembly and electronic test equipment. In the UK and Ireland Accelonix UK Ltd. is the exclusive distributor for boundary scan test and in-system programming solutions and automatic optical inspection and test systems from Gopel, automatic die placement machines from Hacker, automatic wire bonding machines from Hesse & Knipps, high-end automatic dispensing machines from Hacker, and hermetic hermetic /her·met·ic/ (her-met´ik) impervious to air. her·met·ic or her·met·i·cal adj. Completely sealed, especially against the escape or entry of air. package sealing solutions from Benchmark. Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify 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. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general political, economic and business conditions and specifically, changes in the level of activity in the manufacturing industry, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission. Note: All brand, product and company names are trademarks of their respective owners |
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