Micronic Receives Order for an advanced TFT-LCD Laser Pattern Generator. Micronic confirms the outlook for H1, 2002
Micronic Receives Order for an advanced TFT-LCD Laser Pattern Generator Täby, Sweden - July 1, 2002 - Micronic Laser Systems AB (OM Stockholm Exchange: MICR), a leading manufacturer of laser pattern generation equipment to semiconductor and display industries, today announced that it has received an order in the end of the second quarter for a LRS11000 series TFT-LCD (thin film transistor - liquid crystal display) laser pattern generator from a major merchant photomask manufacturer in Asia. Delivery is scheduled for Q4, 2002. In addition to this order the customer has an option for an extension of an existing system due in the fourth quarter. "We are very pleased to receive the order which is a result of a long- term relationship," said Sven Löfquist, president and CEO of Micronic Laser Systems AB. "Micronic's LRS11000 series products are firmly established as the industry standard. All manufacturers of advanced display photomasks use Micronic pattern generators." Micronic confirms the outlook for H1, 2002 Micronic confirms the sales outlook for H1, 2002 as deliveries of systems have taken place according to schedule. "We are quite happy to reach our sales estimates, as well as seeing a recovery in booking, in a market that despite positive indications still is to be characterized as unstable " said Sven Löfquist, president and CEO of Micronic Laser Systems AB. Company contact: Agency contact: Sven Löfquist Dylan McGrath President & CEO The Loomis Group, Inc. Tel: +46 8 638 52 00 Tel: +1 415 882 9494 sven.lofquist@micronic.se dylan@loomisgroup.com About Micronic Laser Systems AB Micronic Laser Systems AB is a Swedish high-tech company engaged in the development, manufacture and marketing of a series of extremely accurate laser pattern generators for the production of photomasks. The technology involved is known as microlithography. Micronic's systems are used by the world's leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and semiconductor packaging components. Micronic is located in Täby, north of Stockholm and at present has subsidiaries in the United States and Japan and a service office in Taiwan. The company has 329 employees. Micronic maintains a web site at: http://www.micronic.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/01/20020701BIT00310/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/01/20020701BIT00310/wkr0002.pdf