Asyst Technologies Extends Its Asian Service Capability with New Repair Facility in Singapore.FREMONT, Calif. -- Asyst Technologies, Inc. (Nasdaq:ASYT), a leading provider of integrated automation solutions that enhance semiconductor and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time manufacturing productivity, announced today that it is extending its industry-leading service capabilities in Asia through the establishment of a new repair center in Singapore. With the manufacturing of many of its spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. already in Singapore, and much of the company's supply chain in the Asia-Pacific region, Asyst believes its new repair center will help to reduce cycle times for many repair activities on behalf of customers while allowing customers throughout Asia to reduce shipping costs related to repairs. "With nearly 50% of our installed base already here and an increasing proportion of new chip manufacturing capacity moving to the Asia-Pacific region, Asyst is continuing to invest in its customer support capabilities in this vital part of the world," said Aaron Stolpman, general manager of Asyst's services division. "We already have moved the manufacturing of most of our factory interface and wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications. (2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter. handling products to Singapore. We currently have nine sales and support centers spanning the countries of China, Malaysia, Singapore, South Korea, and Taiwan. Deploying this repair center in Singapore is the next step in our ongoing initiatives not only to remain the leading automation supplier in Asia, but also to improve our ability to provide the most responsive, most knowledgeable, and most efficient customer support in the semiconductor manufacturing automation industry." About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. ) manufacturers to increase their manufacturing productivity and protect their investments in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , substrate-handling robotics robotics, science and technology of general purpose, programmable machine systems. Contrary to the popular fiction image of robots as ambulatory machines of human appearance capable of performing almost any task, most robotic systems are anchored to fixed positions , automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable The ability for one system to communicate or work with another. See interoperability. solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to: the company's ability to reduce repair cycle times and shipping costs, improve customer support responsiveness and efficiencies as well as other competitive advantages through its Asia repair center, and other factors more fully detailed in the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended March 27, 2004 and other reports filed with the Securities and Exchange Commission. Asyst is a registered trademark of Asyst Technologies, Inc. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion