Aug 01, 2001
�The main reason for the purchase was to strengthen our developed solutions with a field proven product, that will serve as the main engine, and gain significant time to market advantage,� said Mr. Uri Feldman, President of Frontline Ltd.
Three main strengths of the Prestim assets, active for over 15 years in the European market, lead to the decision:
- A cost-based process-planning engine excels in providing the ability to plan more cost effectively.
- A knowledge-based rules engine, with rules derived from the expert knowledge at each individual company, enables the automation of all quoting and planning processes and events at the factory.
- A web based quotation software that seamlessly integrates with Frontline�s Genesis 2000 CAM and planning systems, aimed at the factory�s sales force.
The Prestim facilities, now called Frontline UK, will serve as an R&D center, managed by Frontline�s headquarters in Israel. Acquiring these field-proven technologies (with over 40 successful installations worldwide) will enable Frontline to accelerate the time to market of its Engineering-based solutions developed by the company - the new Process Planning and Sales quoting products.
Mr. Chris Robinson, Affiliate Manager of Prestim commented, "Prestim�s years of experience led us to the conclusion that the ultimate solution for the market will be based on an integration of CAM, quoting and planning technologies. By joining forces with Frontline, a world leader in its field, and using Prestim�s unique solutions, we give our clients an extraordinary opportunity to benefit from our combined knowledge and experience.�
About Frontline PCB Solutions
Frontline PCB Solutions, a joint venture of Orbotech and Valor, is a leading provider of top technology pre-production CAM, archiving and engineering software solutions for the PCB industry, with more than 15 years of experience serving this market's front-end needs. Frontline offers a unified data format for all pre-production stages, a true open system approach and seamless data integrity. Its product range provides comprehensive and scalable support for pre-production operations. Frontline's product line uniquely delivers both vertical and horizontal integration, opening a vertical data channel to the PCB Design and Assembly industries, and integrating horizontally with fabrication equipment and machinery on the PCB production floor. With the largest installed based of field-proven front-end solutions in the world, Frontline is committed to intensive support for its customers, and providing a continuous stream of cutting-edge products for increasing yield and reducing pre-production costs. Frontline's R&D and management teams are based in Israel, with worldwide sales and support through Orbotech and Valor subsidiary offices around the globe.
About Valor
Valor is a global leader in providing business productivity tools throughout the design-through-manufacturing electronics supply chain. Valor is a public company listed on the Neuer Markt of the Frankfurt Stock Exchange. The company's powerful software tools, based on ODB++, the Valor-funded data format which has quickly become the format of choice for high-level data exchange, ensure the rapid transfer of optimized data from design through manufacturing. Enterprise 3000 DFx system for physical design verification, Trilogy 5000 for assembly and test engineering, and the unique Valor Parts Library on-line data service are utilized by designers and engineers to deliver enhanced productivity, higher yields, shorter cycle times and increased product quality. All Valor products are sold and supported by a worldwide network that includes global subsidiary offices, VARs and OEM channels. More information about the company can be found at http://www.valor.com.
About Orbotech
Orbotech (NASDAQ/NMS SYMBOL: ORBK) designs, develops, manufactures, markets and services production support solutions for the supply chain of the electronics industry, principally for printed circuit boards (PCBs), and flat panel displays (FPDs). The Company is a world leader in automated optical inspection (AOI) systems for bare PCBs and for FPDs, and in imaging solutions for PCB production, and is one of a number of leading providers of AOI systems for assembled PCBs. The Company's innovative AOI, imaging and computer-aided manufacturing (CAM) technologies enable customers to achieve the increased yields and throughput essential to remaining at the forefront of electronics production. Of Orbotech's over 1,800 employees, more than one third are scientists and engineers, who integrate their multi-disciplinary knowledge, talents and skills to develop and provide hi-tech solutions and technologies designed to meet customers' long-term needs. Orbotech maintains its headquarters and its primary research, development and manufacturing facilities in Israel, and more than 50 offices worldwide. The Company's extensive network of marketing, sales and customer support teams throughout North America, Europe, the Pacific Rim, China and Japan deliver its knowledge and expertise directly to customers the world over. For more information visit http://www.orbotech.com.
Note to Editors:
A jpg photograph of Uri Feldman, President at Frontline Ltd, is available upon request. Please contact Frontline or Pentacom.
For more information please contact:
Frontline PCB Solutions
Efrat Bar-Sella
Marketing Communications Manager
Phone: (972)-8- 9322-183 ext. 139
Fax: (972)-8- 9322-186
Email: efrat@frontline-pcb.com
Internet: http://www.frontline-pcb.com
Valor Corporate
Cathryn Hage
Pentacom Public Relations
Phone: +44 (0)1242 525205
Fax: +44 1242 573055
Email: cathryn.hage@btinternet.com
Internet: http://www.valor.com
