ILS Technology Reports over 70 Percent Growth for Its secureWISE Service.Intelligent Connectivity Leader Increases Sales to Top-Tier Equipment OEMs During Last Three Quarters BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- ILS ILS In currencies, this is the abbreviation for the Israeli Shekel. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Technology LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an industry leader in enabling intelligence through connectivity, today announced that overall business for its secureWISE service grew by over 70 percent over the last three quarters. Fueled by the need for a robust and secure collaboration solution in the global semiconductor industry, the rapid growth further establishes secureWISE as the industry standard for real-time, remote data connectivity. Top-tier semiconductor equipment manufacturers are deploying the secureWISE software-as-a-service technology in such major manufacturing regions as North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , China, Europe, Japan, Korea and Taiwan. ILS Technology expects this period of rapid growth to continue for the rest of the year and into 2008 with increased orders in these regions as well as South East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. . "The continued globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of the semiconductor industry and the constant need for immediate, secure access to manufacturing information are two of the biggest drivers that allowed our company to achieve this significant growth rate," said Joe Cestari, president and 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 ILS Technology. "OEMs are seeing lower overall operating costs operating costs npl → gastos mpl operacionales and higher development efficiency with secureWISE, benefits they are immediately able to pass on to their customers, partners and suppliers. We look forward to penetrating new markets and regions in the coming months and believe that this growth rate is a clear indication we are executing on our business objectives." As outsourcing grows, and as operations expand to different parts of the world, more and more designers, manufacturers, tool developers, suppliers and maintenance engineers need real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. transfers from manufacturing centers to make sure operations run as efficiently as possible. The secureWISE service ensures secure data transfer between foundries and 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 service centers as it travels across multiple time zones and international boundaries. The security protects confidential corporate information and the real-time data transfers allow connected parties to make decisions that boost operational productivity. The secureWISE service combines the real-time, on-demand collaborative environment of ILS Technology's eCentre([R])software and its ServiceNET([TM])virtual private network architecture by leveraging both hardware and software. This unique feature provides a complete security system that can link development teams, manufacturing sites and supply chain partners worldwide. Previously only available as a capital purchase, the secureWISE software-as-a-service model lowers the barrier to entry and enables companies to securely share data by paying only a monthly service charge. About ILS Technology ILS Technology LLC provides software technology and services that change the way companies share information - within their own operations and their end-to-end supply chain. The company's solutions, including software as a service, enable secure and collaborative connections between intelligent devices in production environments, across enterprises and between businesses. Offering broad applicability in a wide array of industries, ILS Technology's offerings have been field-proven in markets where the protection of intellectual property is crucial and the ability to share information from any point around the world in real time is paramount. Solutions developed by ILS Technology adhere to demanding industry standards and are adaptable to virtually any technology platform regardless of vendor. For more information, visit http://www.ilstechnology.com. ILS Technology is 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 Park-Ohio Holdings Corp. (http://www.pkoh.com), a leading provider of supply chain logistics services and a manufacturer of highly engineered products for industrial original equipment manufacturers. ILS and eCentre are registered trademarks of ILS Technology, LLC. ServiceNET and secureWISE are trademarks of ILS Technology, LLC. All other trademarks are the property of their respective owners. |
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