Tecnomatix and SPEA Team up to Offer Advanced Test Tools for Electronics Manufacturers.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--Feb. 25, 2004 World-Leading Automatic Test Equipment Company to Market Tecnomatix eMPower Solutions to Customers Around the World 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) ), announced today that it has entered into a worldwide distribution agreement with SPEA SPEA School of Public and Environmental Affairs SPEA Sociedade Portuguesa para o Estudo das Aves (Portugal) SPEA Streptococcal Pyrogenic Exotoxin A SPEA Suicide Prevention Education Alliance SPEA Sales Promotion Executives Association to market the Tecnomatix eMPower for Electronics solution, eM-Test Expert, to its global customer base. SPEA, based in Italy, manufactures and markets automatic test equipment (ATE) for microchips, electronic modules and boards. Expanding a long relationship with Tecnomatix, SPEA will offer eM-Test Expert as the preferred software package to prepare data for faster test programs generation and comprehensive machine support for SPEA testers. SPEA customers include companies in a variety of industries, including industrial electronics, automotive, safety/security electronics, consumer electronics, lighting, medical electronics, telecommunications, military and aerospace. Tecnomatix eM-Test Expert helps users increase productivity and performance by optimizing test and inspection processes. It enables SPEA customers to eliminate bottlenecks in their test processes and speed time to market of their products. "Tecnomatix offers our customers an additional layer of technology that can improve the effectiveness of their ATE investment," said Andrea Ganio, executive manager, SPEA. "Through our partnership with Tecnomatix Unicam, we will be able to increase the capabilities of our automatic test equipment, while offering SPEA customers a flexible tool that integrates easily into their existing eMPower for Electronics solutions." "SPEA solves a critical need among manufacturers to quickly and accurately test their products before they're shipped. Our eMPower for Electronics solutions enable faster, more reliable automated testing (testing) automated testing - Software testing assisted with software tools that require no operator input, analysis, or evaluation. , making us an ideal distribution partner for SPEA," 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, 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. "SPEA customers who use eMPower are now able to integrate their test processes directly into our other eMPower for Electronics products, enabling them to take advantage of a broad range of business-critical capabilities." About eM-Test Expert eM-Test Expert is a part 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 & Test suite, that increases productivity and performance by optimizing test and inspection processes. eM-Test Expert is an upgrade to the company's renowned FABmaster solution, proven in the electronics industry's most demanding manufacturing environments for over a decade. eMPower PCB Assembly & Test delivers tools to optimize manufacturing processes, including DFM DFM Design for Manufacturing (newsletter) DFM Design for Manufacturability DFM Dubai Financial Market DFM Delphi Form (computer filename extension) DFM Distinguished Flying Medal DFM Diesel Fuel Marine , assembly, test, part library management and production documentation to reduce production costs and provide competitive advantages. About SPEA Founded in 1976 by Luciano Bonaria, SPEA is a worldwide leading company in Automatic Test Equipment. The headquarters is based in Volpiano (TO) Italy, where all the SPEA test systems are designed and manufactured. SPEA produce a wide range of automatic test equipment, including flying probe, bed of nails A bed of nails is typically an oblong piece of wood, the size of a bed, with nails pointing upwards out of it. It appears to the spectator that anyone lying on this "bed" would be injured by the nails, but this is not so, assuming the nails are numerous enough, since the weight is , microchip and component handlers. Visit www.spea.net for more information. About Tecnomatix Technologies Ltd. Today's leading global manufacturers are adopting Tecnomatix eMPower(TM) solutions for MPM 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. 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 more information, please 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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