Asia's Second-Largest Electronics Manufacturing Services Provider Selects Tecnomatix eMPower Solutions.Business/Technology Editors NASHUA, N.H.--(BUSINESS WIRE)--Oct. 8, 2002 Hon Hai Precision Industry to Leverage Key eMPower Solutions to Shorten New Product Introduction Cycles, Improve Time-to-Volume Further demonstrating its leadership in the challenging electronics market, 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 ) today announced that Asia's second-largest provider of 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). (EMS), Hon Hai Precision Industry Co., Ltd. has selected eMPower for Electronics solutions from Tecnomatix Unicam to improve the creation, optimization, and management of its New Product Introduction (NPI NPI National Provider Identifier, see there ) and test processes. 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. As part of the deal, Hon Hai (registered as Foxconn in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ) will begin the immediate implementation of 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 - 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. suite enabling the quick, accurate and cost-effective introduction of new products to the shop floor through the use of a common transfer mechanism. With their support for a wide range of machine interfaces, excellent optimization facilities and line balancing capabilities, eMPower PCB Assembly and Test solutions help EMS vendors like Hon Hai significantly improve process management and throughput. "It's no secret that today's EMS market is plagued with dramatic cost-cutting maneuvers on a global scale - as each vendor strives to maximize ever-thinning margins," said James Hsu, manufacturing engineering Manufacturing engineering Engineering activities involved in the creation and operation of the technical and economic processes that convert raw materials, energy, and purchased items into components for sale to other manufacturers or into end products for manager at Foxconn. "But the smart players, the true market leaders, are investing in new technologies - those that enable quicker New Product Introductions (NPI) at lower costs without sacrificing quality. That's why we chose to work with Tecnomatix Unicam. By implementing their eMPower solutions, we can work smarter and faster to keep up with the demands of our customers." Supporting the "Plan Anywhere, Build Anywhere" strategies of today's competitive EMS players, eMPower PCB Assembly and Test solutions can help significantly shorten manufacturing cycle times and increase machine throughput - helping users dramatically shorten overall time-to-market and time-to-volume. eMPower solutions for outsourcers and distributed manufacturers provide a collaborative environment to communicate and manage manufacturing information. Product designers can share data with NPI centers. NPI centers can then transfer the process to their volume plants and allow insight into the process while it is being designed, after it has been completed, and during its execution. For NPI and volume manufacturing, eMPower provides a collaborative environment where planners and engineers can author, simulate, execute and manage printed circuit-board and box-build assembly processes. Its open platform and suite of applications address the need to introduce, roll-out, transfer and monitor electronic product assembly processes and estimate their costs. "In the fast-growing Asian electronics marketplace, EMS providers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to connect seamlessly to their customers as one virtual enterprise," 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. , Tecnomatix Unicam, Inc. "With eMPower for Electronics solutions, major EMS players like Hon Hai can expedite their NPI process, and more effectively integrate and unify their production and testing processes, thus reducing their operating costs and time-to-market." About Tecnomatix Technologies Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is 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'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 - have been turning to Tecnomatix MPM solutions, visit www.tecnomatix.com About Hon Hai Hon Hai, which operates in the U.S. as Foxconn Electronics, Inc. is a worldwide leader in the business of OEM/ODM manufacture of computer peripherals, including connectors, cable assemblies, chassis, risercards, switches, keyboards, CD-ROMs and thermal products. The company manufactures computer peripherals for customers including Compaq, Dell, Apple, Intel, and Cisco. Internationally, Hon Hai Precision Industry Co. Ltd. has significant manufacturing operations in China, the United States and Europe. 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 economic, political 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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