Mycronic has received a multiple order within the MYPro series in Asia

Täby, 7 February, 2018 - Mycronic AB (publ), has received an order for several systems of the MYPro series from a large Taiwanese contract manufacturer of electronics. The order, received in February, includes one MY300 pick-and-place machine and four MY700 high-speed jet dispensing systems. The equipment will be delivered during the first quarter of 2018 and be installed at two production sites in China and one in Taiwan. The net value of the order amounts to approximately SEK 6 million.

Mycronic’s business area Assembly Solutions offers advanced production solutions for modern electronics manufacturing. The offering includes production equipment for non-contact application of solder paste on circuit boards, dispensing and conformal coating systems, assembly equipment for placement of components on circuit boards, inspection systems, automated storage solutions, advanced software for effective process management and sophisticated production systems for camera module assembly and test. The equipment is used globally for a wide range of applications within the electronics industry.

Mycronic launched the MYPro series in 2017, a series of advanced production equipment helping the industry enable the future of electronics. The MY700 can process any type of circuit board, from standard to complex flexible boards, by jetting high-speed, high-precision solder paste and assembly fluid deposits. The MY300 allows the customer to increase productivity within a 40 percent smaller footprint. It also achieves higher speeds due to automatic job selection, rolling changeovers, as well as faster board transfer and tool changes.

“It’s really a great breakthrough in a new segment. MY700 is the industry’s fastest jet dispensing platform and all ordered machines will replace stencil printers in high-mix electronics production.” says Clemens Jargon, VP Global Dispensing, Assembly Solutions. “As a business partner of many of the world’s most advanced electronics manufacturers, we have been systematically solving our customers’ production challenges for more than 30 years. We are committed to developing solutions that improve efficiency for the entire operation and bring real value to their business. That is our promise, making unremitting efforts.”

Contacts at Mycronic:

Clemens Jargon                                                                Torbjörn Wingårdh
VP Global Dispensing, Assembly Solutions                            CFO
Tel: +46 8 638 52 00                                                        Tel: +46 8 638 52 00

clemens.jargon@mycronic.com                                          torbjorn.wingardh@mycronic.com

About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, Taiwan, United Kingdom and the United States. For more information see our web site at: www.mycronic.com 

Mycronic AB (publ) is listed on NASDAQ Stockholm, Mid Cap: MYCR.

The information was submitted for publication on 7 February, 2018. 

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