CapStone’s innovative technology substantially
increases throughput and yield at top-ten flex PCB manufacturer;
enabling them to gain competitive advantage
Electro Scientific Industries (ESI), a division of MKS Instruments,
Inc. (NASDAQ:MKSI) and an innovator in laser-based manufacturing
solutions for the micro-machining industry, today announced an
order for its recently-released CapStone™ laser drilling solution
for processing flexible printed circuits (FPC). The order follows
an extensive on-site system evaluation at Compeq Manufacturing,
Huizhou, China, where CapStone delivered exceptional throughput and
performance. Similar evaluations are underway at other major
manufacturers where systems have already been qualified for
production.
“Our testing and evaluation process for CapStone has been
rigorous and extensive,” said Cathay Wu, director, purchasing,
Material Division, Compeq. “We have processed thousands of panels
over the last few months with the CapStone system. We evaluated the
system on a wide range of applications and material stacks, as well
as numerous via types and sizes—in both panel and roll-to-roll
processes—and achieved excellent yield. CapStone showed significant
increases in throughput and savings in cost-per-panel, and has met
or exceeded our expectations. We look forward to leveraging
CapStone for a number of applications and taking advantage of its
throughput and yield to stay competitive in this very demanding
market.”
“Capstone offers twice the throughput of our previous-generation
system while maintaining yields, increasing uptime and
significantly reducing maintenance costs,” said John Williams,
ESI’s vice president of marketing. “These all translate directly
into greater productivity and lower cost per panel. In the simplest
analysis, doubling throughput doubles return on investment and
halves the payback period.”
“Since we put our first CapStone systems in the field, we have
processed over a hundred thousand panels,” Williams continued. “All
systems are currently qualified and running in high-volume
production. Given the cost-driven nature of the printed circuit
board (PCB) processing industry, and CapStone’s extraordinary value
proposition, the system continues to generate significant interest
and early customer adoption. We are looking forward to finalizing
the placement of additional systems as the market learns what
CapStone can do.”
Developed by ESI, a leader in flex PCB laser drilling solutions,
the CapStone system is optimized to process the FPCs widely used in
consumer electronics, such as smartphones and other handheld
devices. Building on the proven ESI platform, CapStone’s new laser
technology and control capabilities deliver breakthrough
performance at twice the throughput of the pervious-generation
model, and with equivalent accuracy and precision in critical
parameters such as via diameter and placement.
CapStone systems are available now, either directly from ESI or
through ESI channel partners world-wide. For more information,
please visit: www.esi.com.
About MKS Instruments MKS Instruments, Inc. is
a global provider of instruments, subsystems and process control
solutions that measure, monitor, deliver, analyze, power and
control critical parameters of advanced manufacturing processes to
improve process performance and productivity for our customers. Our
products are derived from our core competencies in pressure
measurement and control, flow measurement and control, gas and
vapor delivery, gas composition analysis, residual gas analysis,
leak detection, control technology, ozone generation and delivery,
power, reactive gas generation, vacuum technology, lasers,
photonics, sub-micron positioning, vibration control and optics. We
also provide services relating to the maintenance and repair of our
products, installation services and training. Our primary served
markets include the semiconductor, industrial technologies, life
and health sciences, research and defense. Additional information
can be found at www.mksinst.com.
About ESI As a world leader in applied laser
technology, ESI’s manufacturing systems are designed to enable
manufacturers of electronic components and devices to optimize
their production capabilities and commercialize technologies
through laser processing. ESI’s primarily laser-based systems
deliver more control, greater flexibility and more precise
processing of a wider range of materials. The result is higher
production quality, faster throughput, and higher yields. This
enables manufacturers to more easily address new and
more-challenging customer requirements, consistently meet
aggressive production goals and better control processing costs. A
division of MKS Instruments, ESI is headquartered in Portland,
Oregon, with global operations from the Pacific
Northwest to the Pacific Rim. More information is
available at www.esi.com.
Electro Scientific Industries and ESI are registered trademarks
of MKS Instruments, Inc. All other trade names referenced are the
service marks, trademarks or registered trademarks of their
respective companies.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this release regarding the acquisition of ESI by MKS,
future financial and operating results, benefits and synergies of
the transaction, future opportunities for the combined company and
any other statements about MKS’ or ESI’s managements’ future
expectations, beliefs, goals, plans or prospects constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Any statements that are
not statements of historical fact (including statements containing
the words “will,” “projects,” “intends,” “believes,” “plans,”
“anticipates,” “expects,” “estimates,” “forecasts,” “continues” and
similar expressions) should also be considered to be
forward-looking statements. These statements are only predictions
based on current assumptions and expectations. Actual events or
results may differ materially from those in the forward-looking
statements set forth herein. Among the important factors that could
cause actual events to differ materially from those in the
forward-looking statements are: litigation relating to the
transaction; unexpected costs, charges or expenses resulting from
the transaction; the risk that disruption from the transaction
materially and adversely affects the respective businesses and
operations of MKS and ESI; the ability of MKS to realize the
anticipated synergies, cost savings and other benefits of the
transaction, including the risk that the anticipated benefits from
the transaction may not be realized within the expected time period
or at all; competition from larger or more established companies in
the companies’ respective markets; MKS’ ability to successfully
grow ESI’s business; potential adverse reactions or changes to
business relationships resulting from the announcement, pendency or
completion of the transaction; the ability of MKS to retain and
hire key employees; legislative, regulatory and economic
developments, including changing conditions affecting the markets
in which MKS operates, including the fluctuations in capital
spending in the semiconductor industry and other advanced
manufacturing markets, the economy in general as well as
fluctuations in net sales to MKS’ and ESI’s existing and
prospective customers; the challenges, risks and costs involved
with integrating the operations of ESI and the companies we have
previously acquired; potential fluctuations in quarterly results,
the terms of our term loan and the terms of the financing incurred
in connection with the transaction; dependence on new product
development; rapid technological and market change; acquisition
strategy; manufacturing and sourcing risks; volatility of stock
price; international operations; financial risk management, and the
other factors described in MKS’ most recent Annual Report on Form
10-K for the fiscal year ended December 31, 2017 filed with the SEC
and in ESI’s Annual Report on Form 10-K for the fiscal year ended
March 31, 2018 and in each Company’s most recent quarterly report
filed with the SEC. MKS and ESI are under no obligation to, and
expressly disclaim any obligation to, update or alter these
forward-looking statements, whether as a result of new information,
future events or otherwise after the date of this press
release.
ESI Contact: Dale PaulinMarketing Operations
ManagerPhone: 503-671-5510Email: paulind@esi.com
Agency Contact: Sandy FewkesMindWrite
Communications, Inc.Phone: 408-529-9685Email:
sandy@mind-write.com
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