Universal Instruments and Tecnomatix Announce Expanded Support for Universal Machines.Business/Technology Editors NASHUA, N.H.--(BUSINESS WIRE)--Feb. 26, 2002 Tecnomatix eMPower to Support Widespread Use of Universal Machines in 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. Marketplace 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 leading provider of 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), software solutions, today announced its improved support for Universal Instruments Corporation, a subsidiary of Dover Corp. (NYSE NYSE See: New York Stock Exchange : DOV DOV Data-Over-Voice DOV Degree of Variation DOV Defenders of Valor (gaming group) DOV Disbursing Officer Voucher DOV Director of Orbital Verification (Hubble Telescope) DOV Diaphragm-Operated Valve ) based in Binghamton, New York This article is about the City of Binghamton, New York. For the adjacent Town of Binghamton, see Binghamton (town), New York. Binghamton is a city located in the Southern Tier of New York in the United States. It is the county seat of Broome County. . Tecnomatix Unicam, Inc., 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, Ltd., will provide offline-programming support for all of Universal Instruments' newest machines and features. Universal Instruments Corporation is a global provider of electronic circuit assembly technology and equipment to the top manufacturers of the electronics industry. Tecnomatix has been working with Universal since September of 1999, collaborating on requirements planning, development, quality assurance, and technical support, to increase mutual customer satisfaction. This development effort provides comprehensive machine support for Universal's GSM with FlexJet; the newest turret-style chip shooter, the HSP (Hosting Service Provider) An organization that specializes in hosting Web sites. There are various levels of offerings from sharing a Web server with several other companies to having a dedicated Web server or to providing co-location services. See co-location. 4797; the Radial 8; Axial 8; and Pin-Inserter through-hole machines. The mutual effort assures customers will receive continued support as Universal modifies these machines and offers an offline programming capability for the customer, yielding less downtime and more productivity. "The latest version of the Tecnomatix eMPower(TM) line of software supports Universal Instruments' newest models of equipment. This enables electronics manufacturers with multi-vendor lines that include these machines to benefit from the programming and optimization capabilities of the eMPower software," said Lynn Potenziano, product marketing specialist, Universal Instruments. "Tecnomatix is proud to have worked with Universal since 1999," said Israel Levy, chief executive officer of Tecnomatix Unicam, Inc. "This collaboration provides our customers with the best offline programming available, and we look forward to continuing this mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" relationship with Universal, and with Universal's client base." About Tecnomatix Technologies, Ltd. Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is the world's leading provider of Manufacturing Process Management software for the electronics, automotive, aerospace and heavy equipment industries. The company's eMPower(TM) software enables global manufacturing customers to build the best production strategies to succeed in their increasingly complex environments. Tecnomatix applications run on an open platform providing a collaborative environment for authoring, simulating and managing manufacturing processes across the extended enterprise and its suppliers. The company, founded in 1983, has offices and distributors in 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. , Europe, the Pacific Rim and Latin America. Additional information about the company can be found at www.tecnomatix.com. About Universal Instruments Corporation Universal Instruments, a subsidiary of Dover Corp. (NYSE Symbol: DOV) and based in Binghamton, NY, is a global provider of innovative electronic circuit assembly technology and equipment, integrated system solutions and process expertise to the top manufacturers in every category of the electronics industry. Around the globe, more than 18,000 installed machines carry Universal Instruments' name. Universal has sales, service, product training, and parts distribution locations throughout the world. Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify 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. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general economic, political and business conditions and specifically, changes in the level of activity in the manufacturing industires, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission. Note: All brand, product and company names are trademarks of their respective owners. |
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