MIRTEC Wins $15M Contract with Leading Mobile solution Providers

Seoul Korea — July 2009 — MIRTEC, “The Global Leader in Inspection Technology,” announces that the company has been awarded contracts totaling more than $15M with leading mobile solution manufacturers for its MV-7xi inline automated optical inspection (AOI) systems.

“MIRTEC’s innovative MV-7xi AOI System has raised the industry standard for throughput, quality, ease of use and reliability,” stated MIRTEC CEO Chanwha Pak. “With its revolutionary technology, the MV-7xi is perfectly suited to handle the high-density PCB manufacturing requirements associated with today’s most advanced mobile products.”

Brian D’Amico, president of MIRTEC’s North American sales and service division added, “We are very pleased that our products have found widespread acceptance among the industry’s leading mobile solution providers, allowing MIRTEC to establish a leadership position in this highly competitive market.”

MIRTEC’s competitive advantages include leading-edge optics and laser inspection technologies, a diversified customer base, and vertical market exposure along with an expanded geographic presence. MIRTEC products have been extremely successful in high-volume markets including cell phone and MP3 player manufacturing, as well as low-volume high-mix markets such as medical, automotive, aerospace and defense.

Despite difficult economic conditions, MIRTEC has recorded near triple digit growth in global revenue, which is testimony to the company’s exceptional product offering, strong global sales network and outstanding customer support. With a combined installed base of several thousand systems, and projected sales of more than 500 systems per year, the company is rapidly gaining market share and establishing its leadership position.

In an industry that is facing a continuing evolution toward higher density PCBs, the industry-wide acceptance of advanced packaging is pushing AOI systems to the limits of their capabilities. As the manufacturing process becomes increasingly more complex, the engineering team at MIRTEC continues to bring to the market new and innovative AOI solutions designed to give customers a competitive edge in dealing with both their immediate and future inspection requirements.

The MIRTEC MV-7xi In-line AOI system has earned a solid reputation with leading OEMs and EMS providers throughout the world. The company invests heavily in Research and Development persistently focused on using state-of-the-art optics, lighting and laser technology in the development of its inspection systems. Additionally, MIRTEC has a strong global sales network and sound marketing strategy. This combined with a “world class” customer support organization, has ensured MIRTEC’s position as a global leader in the AOI inspection equipment market.

MIRTEC is a leading global supplier of Multi-Camera Desktop and In-Line AOI systems to the Electronics Manufacturing Industry. For more information please contact MIRTEC directly. Phone: 203-881-5559 ? Fax: 203-881-3322 ? Web: http://www.mirtecusa.com.