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Latest Machine Vision News
PixelVision enters distribution partnership with AMS Technologies Print
News - Latest Machine Vision News
APRIL 30--Expanding its sales initiative in Europe, PixelVision (Tigard, OR; www.pixelvision.com) has entered into a business relationship with AMS Technologies, a distributor of optoelectronic components and systems headquartered in Munich, Germany, with additional offices in Spain, Italy, France, Switzerland, and the United Kingdom (www.ams-technologies.com).
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PPT VISION and Electroglas Partner to Meet Growing Need for High-Speed 3D Wafer Print
News - Latest Machine Vision News
"PPT VISION and Electroglas Partner to Meet Growing Need for High-Speed 3D Wafer Inspection\r\n
\r\nOEM Agreement Calls for PPT VISION's SMI(TM) 3D Inspection Technology to be Integrated With Electroglas' World-Class Wafer Inspection Systems\r\n
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\r\nMINNEAPOLIS & SAN JOSE, Calif.--(BUSINESS WIRE)--April 30, 2002-- PPT VISION, Inc. (Nasdaq:PPTV - news), and Electroglas, Inc. (Nasdaq:EGLS - news), today announced they have formed a partnership to develop high-precision, high-speed inspection systems for the semiconductor industry. Under terms of the product development and OEM supplier agreement, PPT VISION will design and manufacture a custom SpeedScan 3D(TM) sensor for integration and commercial deployment in Electroglas' QuickSilver 2D and 3D wafer inspection systems.";"\"The integration of PPT VISION's high-speed SMI(TM) (Scanning Moire Interferometry(TM)) 3D scanning technology with our industry-leading family of wafer inspection tools will significantly enhance our ability to meet the semiconductor industry's growing throughput requirements for 3D bump wafer inspection,\" said Jeff Hintzke, Vice President and General Manager of Electroglas' Inspection Products Division. \"This enhanced technical capability combined with our integrated process management software will help make our inspection systems the most efficient, intelligent solutions available.\"\r\n
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\r\n\"We are very pleased to be working with Electroglas, a highly-respected global leader in the semiconductor industry,\" stated Joe Christenson, President of PPT VISION. \"This is a perfect partnership in that it will combine our high-speed SMI 3D scanning technology with Electroglas' world-class equipment design expertise, vast global sales and service organization and broad customer base resulting in a high-performance, leading-edge wafer bump inspection tool for the semiconductor industry.\"\r\n
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\r\nThe first phase of the partnership involves funded product development, with production shipments of 3D inspection systems expected within 12 months. PPT VISION's patented SMI(TM) 3D technology is unique in its ability to deliver highly accurate, high-speed 3D scanning. Electroglas' wafer inspection systems are part of an integrated product family that includes probers, inspection tools and collaborative process management software, all of which work together to improve the manufacturing process by facilitating enterprise- wide data access and analysis.\r\n
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\r\nAbout PPT VISION, Inc.\r\n
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\r\nPPT VISION, Inc. designs, manufactures, markets, and integrates 2D and 3D machine vision-based automated inspection systems for manufacturing applications. Machine vision-based inspection systems enable manufacturers to realize significant economic paybacks by increasing the quality of manufactured parts and improving the productivity of manufacturing processes. The Company's 2D machine vision product line is sold on a global basis to end-users, system integrators, and original equipment manufacturers (OEM's) primarily in the electronic and semiconductor component, automotive, medical device, and packaged goods industries. The Company's SpeedScan 3D(TM) sensor, incorporating the Company's patented high-speed Scanning Moire Interferometry(TM) technology, is sold to original equipment manufacturers for specific applications. The Company's PPT861(TM) 3D scanning system, which uses the Company's SpeedScan 3D sensor, is an application-specific inspection solution targeted at inspection of leaded and bumped components in the semiconductor back-end manufacturing process, inspection of surface-mount electronic connectors, and inspection of components used in hard disk drives. The Company's Common Stock trades on the Nasdaq National Market tier of The Nasdaq Stock Market under the symbol PPTV. For more information, please see the PPT VISION, Inc. web site at www.pptvision.com.\r\n
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\r\nAbout Electroglas, Inc.\r\n
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\r\nElectroglas delivers essential tools for process management to enhance the profitability of semiconductor manufacturers. The company's wafer probers, inspection systems and software solutions serve as data collection, management and analysis tools that semiconductor manufacturers depend upon to improve their productivity and process control by optimizing sort-floor efficiency. Electroglas has been a leading supplier of wafer probers for over 40 years and has an installed base of more than 15,000 systems. The company's stock trades on the Nasdaq National Market under the symbol \"EGLS\". The company's Web site is located at www.electroglas.com.\r\n
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\r\nLegal Notices Regarding Forward-Looking Statements\r\n
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\r\nThe discussion above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements by their nature involve substantial risks and uncertainties as described by PPT VISION's periodic filings. Actual results may differ materially depending on a variety of factors, including, but not limited to the following: changes in worldwide general economic conditions, cyclicality of capital spending by customers, PPT VISION's ability to keep pace with technological developments and evolving industry standards, worldwide competition, and PPT VISION's ability to protect its existing intellectual property from challenges from third parties and other factors. Additional information with respect to the risks and uncertainties faced by PPT VISION may be found in the section \"Business\" under the caption \"Important Factors Regarding Forward-Looking Statements\" contained in its filing with the Securities and Exchange Commission on Form 10-K for the year ended October 31, 2001 and other reports filed with the Securities and Exchange Commission.\r\n
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\r\nThis press release contains forward-looking statements. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk of adverse changes in global and domestic economic conditions, prolonged downturn in the semiconductor and electronics industries, continued downturn or further decrease in customer utilization rates, unforeseen technical difficulties related to the development and manufacture of our products, and a failure of our new products to achieve broad market acceptance as a result of competing technologies. Electroglas assumes no obligation to update this information. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Electroglas' business in general, see the risk disclosures in Electroglas' SEC filings, including its most recent Annual Report on Form 10-K for the year ended December 31, 2001 and its quarterly reports on Form 10-Q filed from time to time with the SEC.\r\n
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\r\nContact:\r\n
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\r\n Electroglas, Inc., San Jose\r\n
\r\n Cristie Lynch, 408/528-3167\r\n
\r\n This e-mail address is being protected from spambots. You need JavaScript enabled to view it \r\n
\r\n or\r\n
\r\n Loomis Group\r\n
\r\n Jennifer Anselmo, 415/882-9494 (Media)\r\n
\r\n This e-mail address is being protected from spambots. You need JavaScript enabled to view it \r\n
\r\n or\r\n
\r\n PPT VISION, Inc.\r\n
\r\n Joseph Christenson, 952/996-9500\r\n
\r\n This e-mail address is being protected from spambots. You need JavaScript enabled to view it \r\n
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\r\nSource: Yahoo.com";0;29;3;"Webmaster";"";0;"";0;0;0;0;0
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ESI Announces Strategic Partnership with OptiViz Technology Inc. Print
News - Latest Machine Vision News
"PORTLAND, Ore.--(BUSINESS WIRE)--April 30, 2002--Electro Scientific Industries, Inc. (Nasdaq:ESIO - news) today announced development of a new integrated circuit (IC) package inspection system in a strategic partnership with OptiViz Technology, Inc. The system will perform high-speed, 3D inspection of ball grid arrays (BGAs), chip scale packages (CSPs) and other bumped ICs handled in trays.\r\n
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\r\nThe partnership allows ESI to add to its current product portfolio of inspection systems for the back-end semiconductor market. ESI will add its proprietary vision system to the product and has an option to acquire full rights to the product. \"This relationship benefits both companies,\" said Lonnie Ellingson, General Manager for ESI's Vision and Inspection group. \"ESI will gain fast entry into a new market as well as acquiring a platform for further expansion.\"";"With ESI's extensive experience in OEM vision software, hardware and inspection, it will integrate the new vision system onto one of the fastest inspection systems on the market today. \"The system we have designed has a unique handling methodology resulting in a highly efficient compact footprint, an intelligent GUI with powerful data management and reporting functionality,\" said Warren Lin, Vice President of OptiViz. \"This partnership with an industry leader will enable us to improve on our vision capabilities and extend the distribution of the product beyond Taiwan.\"\r\n
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\r\nAbout OptiViz Technology, Inc.\r\n
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\r\nOptiViz Technology, Inc. provides both turn-key systems and OEM machine vision solutions for manufacturers of semiconductors and other electronic products. The Company's products are primarily used in the inspection of advanced integrated circuit packages for the semiconductor manufacturing market. The Company's headquarters are located in Kaohsiung, Taiwan, with offices in Los Angeles, California.\r\n
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\r\nAbout ESI's Vision Products Group\r\n
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\r\nThe ESI Vision Products Group manufactures integrated, vision-based inspection systems for final inspection of IC marks, leads, and pads for the back-end semiconductor market. Systems are notable for high throughput rates, quick and easy change-over among a wide range of device types, and the flexibility to accommodate a variety of device input and output modalities. Complete vision solutions for wafer identification, wire and die bonding and SMD alignment and placement are also available.\r\n
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\r\nAbout ESI\r\n
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\r\nElectro Scientific Industries, headquartered in Portland, Oregon, designs and manufactures sophisticated products used around the world in electronics manufacturing including: laser manufacturing systems for semiconductor yield improvement; production and test equipment for the manufacture of surface mount ceramic capacitors; laser trim systems for precise electrical tuning of circuits; precision laser and mechanical drilling systems for electronic interconnection; and machine vision systems. Electro Scientific Industries is traded on NASDAQ under ESIO. For more information, visit ESI's web site at www.esi.com.\r\n
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\r\nContact:\r\n
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\r\n Electro Scientific Industries\r\n
\r\n Investors, Joe Reinhart, 503/671-5500\r\n
\r\n Press, Jennifer Higgins, 503/671-5506\r\n
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\r\nSource: Yahoo.com";0;21;3;"Webmaster";"";0;"";0;0;0;0;0
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Coreco Reports First Quarter Results: Continued Profitability and Investment Print
News - Latest Machine Vision News
"Coreco Reports First Quarter Results: Continued Profitability and Investment in New Products\r\n
\r\nMONTREAL, QUEBEC--Coreco Inc. today reported revenue for the first quarter ended March 31, 2002 of $4,837,358, an increase of 2% on a sequential basis from $4,739,352 in the fourth quarter of 2001 and a decrease of 36% from $7,583,598 reported in the first quarter of 2001. (All dollar amounts expressed in US currency) \r\n
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\r\nThe Company had net earnings of $163,573, or $0.02 per share, versus a net loss of $725,074, or $0.10 per share, in the same quarter last year. In accordance with new CICA accounting recommendations, goodwill has not been amortized for the first quarter ended March 31, 2002. Goodwill amortization represented $1,458,004 in the same period last year. Excluding the effect of the new accounting recommendations, net earnings from operations in this quarter amounted to $163,573, or $0.02 per share, compared with $715,887, or $0.10 per share, in the same quarter of 2001. \r\n
\r\n";"The Company continues to report a strong balance sheet. Cash increased 4% over the previous quarter to $3,621,902, while long-term debt decreased 11% to $2,812,500. Working capital amounted to $9,053,013, representing a ratio of 2.84:1 at the end of this quarter. \r\n
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\r\nIn the first quarter of 2002, the Company was awarded 9 design-wins, including 5 for machine vision applications and 3 from defense customers. Sales of new products continued to accelerate, accounting for 58% of total sales compared with 51% a year ago. At March 31st, 2002, sales to Asia, Europe and the U.S. accounted for 16%, 26% and 50% of total sales, respectively. \r\n
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\r\n\"I am pleased with our results in the first quarter,\" commented CEO Keith Reuben. \"Our revenues show a sequential increase and our profitability continues, even as we invest heavily in new end-user products such as the smart camera. Moreover, with the greater sales activity we have experienced in the first quarter and the new orders from our OEM semiconductor customers, we are optimistic that the worst of the downturn is now behind us.\" \r\n
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\r\nR&D expenses were $961,982 in the first quarter as Coreco continued to invest in new products that target its existing OEM markets as well as its new high-growth end- user markets. During the second quarter, a new digital product will be launched to address the high data rates required by the semiconductor markets. In addition, the Intelligent Products Division (IPD) will launch its first smart camera product for the end-user market, which represents a strategic milestone for the Company. \r\n
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\r\nOutlook \r\n
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\r\n\"As we look forward to the second half of the year, we remain optimistic that the semiconductor capital equipment market is poised for recovery,\" concluded Mr. Reuben. \"When that occurs, we will be strongly positioned with our lower cost structure, established customer base, new design-wins and our new products to generate higher growth and profitability for our shareholders.\" \r\n
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\r\nWebcast \r\n
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\r\nThe Company's first quarter conference call will be webcast on q1234.com at 10 a.m. EST on Tuesday, April 30, 2002. \r\n
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\r\nCoreco Inc. is a leader in the design, development, manufacturing and marketing of hardware and software for high-performance computer vision applications, primarily in the medical imaging, machine vision and industrial inspection markets. The Company employs approximately 135 people and has operations in Montreal (QC), Vancouver (BC) and Boston (MA), with additional sales offices in Cleveland (OH) and San Juan Capistrano (CA). Founded in 1979, Coreco's success is driven by sound financial management combined with its commitment to the research and development of value-added products to serve the evolving needs of the computer vision market. \r\n
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\r\nThis press release contains statements that are forward-looking and subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. The Company has no intention or obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise.\r\n
\r\nContact:\r\n
\r\n\r\n
\r\nCoreco Inc.\r\n
\r\nKeith A. Reuben\r\n
\r\nPresident and Chief Executive Officer\r\n
\r\nPhone: (514) 333-1301\r\n
\r\nFax: (514) 333-1867\r\n
\r\nhttp://www.coreco.com\r\n
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\r\nCoreco Inc.\r\n
\r\nGrace Pollock\r\n
\r\nInvestor and Media Relations\r\n
\r\nPhone: (514) 940-3717\r\n
\r\ This e-mail address is being protected from spambots. You need JavaScript enabled to view it ";0;22;3;"Webmaster";"";0;"";0;0;0;0;0
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DALSA Corporation - First Quarter 2002 Results & Online Conference Print
News - Latest Machine Vision News
"DALSA Corporation - First Quarter 2002 Results & Online Conference Call Notification\r\n
\r\nTORONTO, April 29 /CNW/ - Announcement of DALSA Corporation First Quarter 2001 Results Conference Call:\r\n
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\r\n Company: DALSA Corporation (DSA)\r\n
\r\n Date: May 3, 2002, 8:45 AM ET\r\n
\r\n Event: DALSA Corporation First Quarter 2002 Results Conference Call\r\n
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\r\nTo listen to this event, please enter http://www.newswire.ca/webcast/pages/DALSACorporation20020503/ in your web browser.";"DALSA Corporation will release their First Quarter results at 4:00 P.M. on May 2, 2002. A conference call to discuss the First Quarter results will be held at 8:45 A.M. on May 3, 2002. The conference call will be broadcast live and recorded on the web at newswire.ca. In order to access this service, you will need to have Windows Media Player installed on your computer. Please visit www.newswire.ca in advance of the call for instructions on how to download the software free. In order to join the conference call, please call 416-640-4127 or toll free at 1-888-881-4892. A taped replay of the conference call will also be made available until May 10, 2002 until 11:59 P.M. by calling 416-640-1917 or 877-289-8525 (passcode 187418(number sign)).\r\n
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\r\nDALSA is an international high performance semiconductor and electronics company that designs, develops, manufactures, and markets high value semiconductors, digital imaging solution products, and wafer foundry services. DALSA's core competence is in specialized integrated circuit design, electronics, and highly engineered semiconductor wafer processing. Products include image sensors; electronic digital cameras; and semiconductor wafers for use in MEMS, power semiconductors and mixed signal CMOS chips. DALSA's digital imaging products are designed to replace human vision and act as high performance \"electronic eyes\" in machine vision. DALSA's semiconductor products steer telecom traffic, sense and actuate the environment in automotive and fiber-optic telecom, manage power in electronic systems, and are the heart of the silicon chips used in many other applications.\r\n
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\r\nDALSA's continually expanding markets include Vision for Machines, Semiconductors, Life Sciences, and Digital Cinema, with the majority of revenue coming from the semiconductor and electronics industry. DALSA sells to Original Equipment Manufacturers (OEMs), fabless semiconductor manufacturers, end users, and to the scientific and research communities in Canada, the United States, Europe, Japan, and Asia Pacific. Based in Waterloo, Canada, with operations in Bromont, Colorado Springs, Tucson, Munich, and Tokyo, DALSA is a public company listed on the Toronto Stock Exchange under the symbol \"DSA\".\r\n
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\r\nFor a complete listing of upcoming and archived webcasts available through Canada NewsWire, please visit our events calendar at http://www.newswire.ca/webcast. The CNW's webcast of earnings calls is consistent with Toronto Stock Exchange (TSE) initiatives to broaden investor access through the use of new technology.\r\n
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\r\nFor further information\r\n
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\r\nDr. Savvas Chamberlain, Chief Executive Officer, DALSA Corporation, (519) 886-6000, (519) 886-0185 (fax), E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it , Internet: www.dalsa.com\r\n
\r\nsource: yahoo.com";0;21;3;"Webmaster";"";0;"";0;0;0;0;0
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