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MIRTEC Corp. Reports 34 Percent Growth in 2008

Jan 13, 2009

OXFORD, CT � January 2009 � MIRTEC Corp., the AOI market leader in North America, reports strong growth in sales revenue for its North American Sales and Service Division.

�We are very pleased to announce that sales revenue for this division grew by more than 34 percent in fiscal 2008,� said Chanwha Pak, CEO. �It gives me great pleasure to recognize all of our MIRTEC Corp. employees for their outstanding performance and devotional effort resulting in a significant expansion of market share throughout North America.�

Brian D'Amico, president of MIRTEC Corp., attributes this growth to the industry-wide acceptance of MIRTEC's award-winning AOI product line. �In retrospect, 2008 was a very exciting year for MIRTEC,� said D'Amico, �It was a year of recognition in which MIRTEC received a total of three industry awards for our AOI product line � Circuits Assembly's NPI Award, Advanced Packaging's Best New Product Award and Global SMT & Packaging's Global Technology Award.�

�MIRTEC's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,� added D'Amico. �This, combined with an extremely talented team of sales and support professionals, has fueled the remarkable growth of this organization.�

When asked about anticipated sales revenue for fiscal 2009, D'Amico said, �I think it almost goes without saying that the current market conditions and economic climate will be a challenge for our organization as well as the world around us. With that said, I am extremely thankful that our business has continued to prosper over the last several months, even in the face of economic adversity. It is said that true strength comes through facing adversity and challenge. I am hopeful that we will continue to prosper and benefit from any challenges that we may encounter in the upcoming year.�

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

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