Mycronic receives one more order for a replacement mask writer

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Täby, 5 July, 2017 - Mycronic AB (publ), has received order for a mask writer replacing an older system for manufacturing of display photomasks. The customer, placed in Asia, has previously exchanged older systems through Mycronic’s offering. The system is scheduled to be delivered during the first half of 2018.

Mycronic has now received eight orders since the introduction of the replacement offering. The price level for a replacement mask writer built on the Prexision platform is normally in the range of USD 12–16 million depending on the configuration and type of system traded in.

Mycronic occupies a unique position as the sole supplier in the world of equipment for manufacturing of advanced photomasks. Many systems are today 10 or more years old. Maintaining these systems is increasingly a challenge. Some of Mycronic's customers also need to modernize their production equipment. Mycronic offers a scalable system in exchange for an older system.

”Our replacement offering provides the customer a long term and secure service solution while at the same time allows them to increase productivity. That is why our customers continue the exchange of older systems, ” says Magnus Råberg, Sr VP & General Manager Pattern Generators at Mycronic AB.

Contacts at Mycronic:

Magnus Råberg                                                               
Sr VP & General Manager PG                                           
Tel: +46 8 638 52 00
magnus.raberg@mycronic.com                                        

Torbjörn Wingårdh
CFO
Tel: +46 8 638 52 00
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 5 July, 2017.

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