MINNEAPOLIS--(BUSINESS WIRE)--CyberOptics Corporation® (Nasdaq: CYBE), a leading global developer and manufacturer of high precision sensing solutions, today announced an OEM supplier agreement with Nordson YESTECH® (Nasdaq: NDSN) to supply its proprietary 3D Multi-Reflection Suppression (MRS) sensors. Nordson will incorporate CyberOptics’ advanced 3D MRS technology that inhibits measurement distortions, into their new 3D FX-940 Ultra Automated Optical Inspection (AOI) systems launching at IPC APEX Expo on March 15-17th in Las Vegas.
“After extensive consideration, we determined the MRS sensor to be the best choice for our demanding product requirements,” said Joe Stockunas, Group Vice President, Nordson Electronics Systems. “This strategic partnership offers the best solution to our customers by combining the strengths of YESTECH’s FX-940 platform and industry-recognized inspection software with this advanced 3D sensor technology.”
“We are pleased to announce the extension of our OEM sensor business to include Nordson YESTECH, a leader in AOI solutions with a broad customer base and vast global reach. Having our award-winning MRS technology incorporated into Nordson’s AOI systems is yet another proof point that our differentiated 3D sensor technology platform is considered industry leading for 3D inspection,” said Dr. Subodh Kulkari, President and CEO, CyberOptics Corporation.
About CyberOptics
CyberOptics Corporation (www.cyberoptics.com)
is a leading global developer and manufacturer of high precision sensing
technology solutions. CyberOptics’ sensors are used in general purpose
metrology and 3D scanning, surface mount technology
(SMT) and semiconductor markets to significantly improve yields and
productivity. By leveraging its leading edge technologies, the company
has strategically established itself as a global leader in high
precision 3D sensors, allowing CyberOptics to further increase its
penetration of key vertical markets. Headquartered in Minneapolis,
Minnesota, CyberOptics conducts worldwide operations through its
facilities in North America, Asia and Europe.
About Nordson
Nordson YESTECH (www.nordsonyestech.com)
is a worldwide leader in the design, development and manufacture of
advanced automated optical (AOI) inspection solutions for the PCBA and
advanced semiconductor packaging industries. Our customers use our
products to inspect for correct assembly, enhance yields and lower
costs. Most of the largest EMC’s and ODM’s across the globe are one of
our more than 800 customers. Our major customers include Sanmina, Bose,
Celestica, Benchmark Electronics, Lockheed Martin and Panasonic. Our
solutions are used in a variety of markets including computer,
automotive, medical, consumer, aerospace and industrial. During the last
two decades, growth in these markets has increased demand for advanced
electronic devices and led to increasing challenges in the design,
production and inspection of PCB’s and semiconductor packages. Nordson
YESTECH’s yield enhancements solutions are designed to meet these
challenges with new and cost effective inspection technologies.
Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: market conditions in the global SMT and semiconductor capital equipment industries; increasing price competition and price pressure on our product sales, particularly our SMT systems; the level of orders from our OEM customers; the availability of parts required to meet customer orders; unanticipated product development challenges; the effect of world events on our sales, the majority of which are from foreign customers; rapid changes in technology in the electronics markets; product introductions and pricing by our competitors; the success of our 3D technology initiatives and other factors set forth in the Company’s filings with the Securities and Exchange Commission.
All names are trademarks of their respective companies.