Mycronic receives a repeat multipleorder for the MY600 Jet Printer

Täby, 20 April, 2017 – Mycronic AB (publ), has received the third order for several MY600 Jet Printer systems. This is a repeat order from a customer that runs a high-volume consumer application running 24-hour production. Deliveries will take place during the second half-year of 2017.

Mycronic’s business area Assembly Solutions offers advanced production solutions for modern electronics manufacturing. The offering comprises 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, 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.

The MY600 was developed to offer a competitive alternative or as a complement to the traditional stencil printer, dispensing solder paste at high speed and high accuracy. The versatile MY600 platform can also be configured for dispensing of a wide range of mounting fluids such as glue. Mycronic’s MY600 offers manufacturers new ways to meet challenges in the production process - also relevant for high-volume customers requiring high-speed high-accuracy dispensing of solder paste or other mounting fluids.

”Our customer has developed a new generation of products for the consumer segment where flexible circuit boards are used. Mycronic’s software driven and non-contact jet printing technology handle these applications very well. Our MY600 solution fulfills the customer’s requirement for both yield and speed,” says Clemens Jargon, VP Global Dispensing at Mycronic.

The price for one system is in the span of SEK 1-2 million, depending on options and customization. The total value of the order is in the range of SEK 20-25 million.

Contacts at Mycronic:

Clemens Jargon                                                                                                
VP Global Dispensing                                                       
Tel: +46 8 638 52 00
clemens.jargon@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 20 April, 2017.