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RVSI Gets Follow-on Order for Semiconductor Inspection Systems
POSTED 09/05/2001
CANTON, MASSACHUSETTS - August 31, 2001 -Robotic Vision Systems, Inc. (RVSI) (NASDAQ: ROBV) today said its Semiconductor Equipment Group has received a follow-on order for multiple semiconductor inspection systems from an Asian-based manufacturer of connectors for microprocessors. Delivery is expected to occur during September.
Machine-vision-based semiconductor inspection systems are used by chip manufacturers to examine packaged integrated circuits. Depending upon options, such systems can cost up to $500,000 each. RVSI's systems check to ensure that leads or ball-grid arrays on finished integrated circuits meet specification, and also perform package visual inspection to find surface defects on parts. RVSI's patented, laser-based 3-D technology provides the highest quality of machine vision available for connector, lead, and ball-grid-array inspection.
"We announced a first order totaling $1.2 million from this customer on August 10," said Michael Gray, Vice President - Sales and Marketing of RVSI Electronics. "We continue to see heightened interest for lead scanning to support expected higher PC sales driven by the introduction of new, higher-speed and lower cost chip sets, aggressive computer pricing, and the introduction of Microsoft's Windows XP operating system. This multi-unit lead scanner order is from a manufacturer of connectors for microprocessors. Connector companies' sales rise and fall with PC demand and, currently, we are seeing increased quote activity based on that demand."
About RVSI
Robotic Vision Systems, Inc. (RVSI) (NASDAQ:ROBV) has the most comprehensive line of machine vision systems available today. Headquartered in Canton, Massachusetts, with offices worldwide, RVSI is the world leader in vision-based semiconductor inspection and media transfer equipment. Using leading-edge technology, RVSI joins vision-enabled process equipment, high-performance optics, lighting, and advanced hardware and software to assure product quality, identify and track parts, control manufacturing processes, and ultimately enhance profits for companies worldwide. Serving the semiconductor, electronics, aerospace, automotive, pharmaceutical and packaging industries, RVSI holds approximately 100 patents in a broad range of technologies.
Forward Looking Statement
Except for the historical information herein, certain matters discussed in this release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to: the historical cyclical nature of the semiconductor industry, risks in products and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, timely development and release of new products, strategic suppliers and customers, the effect of the company's accounting policies and other risk factors detailed in the Company's most recent registration statement, annual report on Form 10-K and 10K/A, and other filings with the Securities and Exchange Commission.
RVSI
5 Shawmut Road
Canton, MA 02021
Tel: 781-302-2439 Fax: 781-302-2440
For further information contact:
Neal H. Sanders
(781) 302-2439