Mycronic AB: Mycronic Receives One More Order for a Replacement Mask Writer

STOCKHOLM--()--Regulatory News:

Mycronic AB (publ), has received yet another order for a mask writer, replacing an older system for manufacturing of display photomasks. The system is scheduled to be delivered to a customer in Asia during the second half-year, 2017.

Mycronic occupies a unique position as the sole supplier in the world of equipment for manufacturing of advanced photomasks and has delivered approximately 70 mask writers for display applications. Approximately half of these are 10 or more years old. Maintaining these systems is increasingly a challenge. Some of Mycronic's customers with older mask writers also need to modernize their production equipment.

Mycronic offers a scalable system, built on the Prexision platform, in exchange for an older system. This allows customers to increase productivity, while at the same time securing a long term service solution.

”Our customers continue the exchange of older systems. This order is the third in 2016 and the sixth since the introduction of the offering. The customer gets the benefits from a scalable mask writer for continued high productivity,” says Magnus Råberg, Senior VP & General Manager for business area PG at Mycronic AB.

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.

Contacts at Mycronic:

About Mycronic AB

Mycronic AB is a Swedish high-tech company engaged in developing, manufacturing and marketing of production equipment 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, 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 is of the type that Mycronic is required to disclose under the Financial Instruments trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication on 2 May, 2016.

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Contacts

Mycronic AB
Magnus Råberg, +46 8 638 52 00
Sr VP & General Manager PG
magnus.raberg@mycronic.com
or
Per Ekstedt, +46 8 638 52 00
CFO
per.ekstedt@mycronic.com

Contacts

Mycronic AB
Magnus Råberg, +46 8 638 52 00
Sr VP & General Manager PG
magnus.raberg@mycronic.com
or
Per Ekstedt, +46 8 638 52 00
CFO
per.ekstedt@mycronic.com