COGNEX CORPORATION ENTERS $9 MILLION OEM AGREEMENT WITH MPM CORPORATION.NATICK, MA--(BUSINESS WIRE)--March 31, 1995--Cognex Corporation (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 : CGNX), the world's leading supplier of machine vision systems, has entered into a multi-million dollar OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with 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) Corporation, a Franklin, MA manufacturer of stencil stencil, cutout device of oiled or shellacked tough and resistant paper, thin metal, or other material used in applying paint, dye, or ink to reproduce its design or lettering upon a surface. printing machinery for the electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. industry. Under the agreement, MPM is expected to purchase $9 million of Cognex machine vision systems over the next two years. Cognex has already received purchase orders totaling almost $3.9 million from MPM. "Over the past eight years, MPM and Cognex have established an excellent relationship. This relationship continues to grow primarily because of Cognex's consistent ability to meet our increasingly complex machine vision requirements," said Gary Freeman Gary Freeman is the name of:
The MPM stencil printing machinery prints patterns of various solder pastes, epoxies, and cermets through a screen or stencil onto the surface of circuit boards. These contact patterns must be printed in a precise position on the board so that the electronic devices that are bonded to them operate properly. The Cognex machine vision system increases the stencil printer's pattern positioning accuracy by precisely aligning the screen or stencil to the board prior to printing. Cognex Corporation designs, develops, manufactures, and markets machine vision systems, or computers that can "see," which are used to automate a wide range of manufacturing processes where vision is required. Having shipped more than 25,000 machine vision systems to date, Cognex is the world's leader in the machine vision industry. In addition to its headquarters in Natick, Massachusetts, the company has offices throughout the United States and Europe, and in Japan and Singapore. CONTACT: Cognex Corporation Kathy Bedrosian, 508/650-3000, ext. 3352 |
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