Assembleon and Tecnomatix Extend Collaboration Agreement to Provide Integrated Programming Solutions for Assembly Machines.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--Feb. 25, 2004 Advanced programming technology offering promises quicker new product introductions, increased cost savings for shared customer base Assembleon, a world leader in the design and manufacture of surface-mount pick-and-place equipment for the global electronics industry, and 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 ), 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 an agreement to offer a replacement to the CIMbridge software tool with eM-Assembly Expert, from Tecnomatix Unicam, for all Assembleon customers. 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. Under the terms of the agreement, eM-Assembly Expert - a key component of 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 solution suite from Tecnomatix Unicam - will replace the CIMbridge platform currently being used by Assembleon customers. Since acquiring the CIMbridge business unit from Genrad in October 2002, Tecnomatix has been committed to a transition plan to upgrade CIMbridge users to a more advanced, integrated programming platform. With this offering from Tecnomatix and Assembleon, the CIMbridge installed base will be provided a solution that includes the latest advances in software development, and will be assured of a seamless migration path to best-in-class assembly and test technology. Assembleon customers will also benefit from eM-Document Expert, a subset of eM-Assembly Expert that automates the creation of method sheets and other documentation for electronic assembly operations. The eM-Assembly Expert programming front-end will interface with Assembleon optimizers and line balancers for all Assembleon machines, bringing the best of both technologies to the two companies' customers, and enabling Assembleon customers to introduce new products to the shop floor more quickly, accurately and cost-effectively. The Assembleon optimizers will also be available in the Tecnomatix eMPower for Electronics Assembly offering. Customers will benefit from eM-Assembly Expert's closed loop balancing, shop floor documentation, support for all CAD formats available in the market, and multi-vendor line balancing solution. Expansion of the eM-Assembly Expert platform to other MPM solutions is available directly from Tecnomatix. "Tecnomatix Unicam and Assembleon are committed to providing a seamless connection to Assembleon SMT (1) (Surface Mount Technology) See surface mount. (2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software. SMT - Station Management equipment as well as other vendor equipment that offers a significant increase in value for our mutual customers," 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 commitment is an important part of our intention to offer our customers the most flexible and extensible multi-vendor machine programming capabilities available today." 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 NPI National Provider Identifier, see there ). 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 Assembleon Assembleon, formerly known as Philips Electronic Manufacturing Technology (EMT See Efficient markets theory. ), is among the world leaders For a list of heads of state, see . World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia. in the design and manufacture of surface-mount pick-and-place equipment for the global electronics industry. Its customer base includes some of the world's largest consumer product manufacturers and contract electronics manufacturers. In addition to the company's headquarters and the International Competence Center in Eindhoven, The Netherlands, Assembleon operates its own sales and service organisations in over 42 different countries. Through this global network it guarantees its customers direct support 24 hours a day, 365 days a year. About Tecnomatix Technologies Ltd. Tecnomatix Technologies Ltd. (NASDAQ: TCNO) 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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