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SMT, PCB Electronics Industry News

News from Valor Computerized Systems


Valor Receives IPC�s Special Recognition Award

Jul 07, 2004

Lake Forest, CA and Yavne, Israel � July 7th, 2004 Valor Computerized Systems [FSE: VCR, WKN 928731], a global leader in manufacturing productivity solutions to the electronics industry, today announced that IPC�Association Connecting Electronics Industries has recognized Valor with its Special Recognition Award. This award is presented on behalf of the PCB (Printed Circuit Board) and EMS (Electronics Manufacturing Services) industry, their suppliers and customers and is in great appreciation of Valor�s significant commitment in developing IPC-2581, Generic Requirements for Printed Board Assembly Products Manufacturing Description Data and Transfer Methodology, and its donation of the ODB++ (X) format

�By generously donating their ODB++ format to the IPC committee working on IPC-2581 and by providing volunteer committee support from their development group in Israel, Valor made tremendous contributions to the development of this new standard and notably displayed its dedication to the industry,� said David Bergman, IPC�s vice president of standards and technology. �The time and travel commitment to the two-year standard was significant on Valor�s behalf, and IPC would like to recognize Valor�s efforts to and support of the industry.�

The IPC-2581 standard is the result of three years of a collaborative industry initiative, initially started by the National Electronic Manufacturing Initiative and subsequently followed by IPC�s standardization effort. The standard is in XML schema and was built on Valor�s ODB++ format, with added data concepts from IPC�s GenCAM standard (IPC-2511B).

Chuck Feingold, President of Valor�s US subsidiary stated, �We are very pleased to receive the IPC award, as it recognizes Valor�s corporate vision and effort to strive for the development of innovative products that effectively interconnect the various design-to-manufacture stages of the PCB production cycle and to generate additional value for all electronics supply-chain partners.�

About Valor

Valor Computerized Systems [FSE: VCR, WKN 928 731] is a global leader in vertically integrated manufacturing productivity solutions to the electronics industry. Valor is publicly listed on the Frankfurt Stock Exchange. The company's powerful software tools, based on ODB++, the Valor-funded data format which forms the main structure of the new IPC 2851 standard for high-level data exchange, ensure the rapid transfer of optimized data from the design through manufacturing stages. Enterprise 3000 DFM system for physical design verification, Trilogy 5000 for assembly and test engineering, TraceXpert for real-time SMT production monitoring, exact traceability and materials management 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 IPC

IPC is a Northbrook, Ill.-based trade association dedicated to the competitive excellence and financial success of its more than 2,200 member companies, which represent all facets of the electronic interconnection industry, including design, printed circuit board manufacturing and electronics assembly. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of a $40 billion U.S. industry employing more than 350,000 people. IPC maintains additional offices in Taos, N.M.; Washington, D.C.; Garden Grove, Calif.; and Shanghai, China. For more information, visit http://www.ipc.org

Reader Contact Information:

North America

Valor Computerized Systems, Inc., 25341 Commercentre Drive, Suite 200, Lake Forest, CA 92630, Tel: (+1) 949-586 5969, Fax: (+1) 949-586 1343

Valor Corporate

Valor Computerized Systems, Ltd., Faran St. 4, P.O.Box 152, 70600 Yavne, Israel,

Tel +(972) 8-943 2430, Fax +(972) 8-943 2429

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Valor, Trilogy 5000, Enterprise 3000, Valor Parts Library, VPL and the Valor Logo

are trademarks or registered trademarks of Valor Computerized Systems, Ltd.

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