Edwards Delivers Significant Set of Orders to Flat Panel Display Manufacturer in China
08 October 2013 - 6:00PM
Business Wire
Series of multi-million dollar orders won in
2013 by demonstrating competitive advantage through low cost of
ownership and strong local presence
Edwards Group Limited (NASDAQ: EVAC), a leading manufacturer of
sophisticated vacuum and abatement systems and a global provider of
related value-added services, has completed deliveries against a
series of multi-million dollar (USD) orders from BOE Technology
Group Co., LTD., a major manufacturer of flat panel displays (FPD)
in China.
The orders were put out to competitive tender earlier this year,
and constitute hundreds of vacuum pumps delivered to three
manufacturing sites. Edwards credited the order to its vacuum
pumps’ high performance and low maintenance attributes, resulting
in low lifetime cost-of-ownership, particularly in harsh duty
applications. The company’s strong presence in Asia, with multiple
local manufacturing and service facilities in the region, including
a new factory being built in Qingdao, was also an important
consideration for BOE.
“These orders are significant for us, not only because of the
large dollar value, but also as confirmation of the strategic
expansion of our Asian manufacturing and service capabilities where
growth rates are highest, and most recently in China,” said Jason
Xu, Edwards’ General Manager for China. “They also affirm the value
of our long term investment in developing a broad range of advanced
pump technologies. We have a unique depth of expertise in larger
applications, which is reflected in our position as market leader
in the flat panel display sector.”
The orders included a range of types and sizes of Edwards’ most
advanced pumps, comprising: iXH dry pumps for harsh duty
applications, iXL dry pumps for clean processes, and STP
turbomolecular pumps.
- iXH harsh duty dry pumps are reliable
pumps designed for difficult processes where particulate,
condensable or corrosive by-products are present. These pumps are
optimised for flat panel processes requiring high gas flows and
flexible pump temperature profiles. They offer significant cost of
ownership benefits due to their extended service intervals.
- iXL light duty dry pumps are compact,
energy-efficient pumps designed for clean applications. They
provide fast pump down of load lock chambers with low energy
consumption and small footprint.
- STP magnetically levitated
turbomolecular pumps provide high uptime through oil free pumping.
The magnetic bearing system is used to suspend the rotor during
operation, eliminating any risk of contamination while minimising
vibration, noise and maintenance requirements.
For further information, please visit www.edwardsvacuum.com.
About Edwards
Edwards is a leading developer and manufacturer of sophisticated
vacuum products, abatement systems and related value-added
services. These are integral to manufacturing processes for
semiconductors, flat panel displays, LEDs and solar cells; are used
within an increasingly diverse range of industrial processes
including power, glass and other coating applications, steel and
other metallurgy, pharmaceutical and chemical; and for both
scientific instruments and a wide range of R&D
applications.
Edwards has over 3,200 full-time employees and 500 temporary
workers operating in approximately 30 countries worldwide engaged
in the design, manufacture and support of high technology vacuum
and exhaust management equipment.
Edwards’ American Depositary Shares trade on The NASDAQ Global
Select Market under the symbol EVAC. Further information about
Edwards can be found at www.edwardsvacuum.com.
About BOE
BOE Technology Group Co., Ltd. is a supplier of display
technologies, products and solutions (BOE A Share: 000725; BOE B
Share: 200725). More information can be found at
http://www.boe.com.cn/EN/index.asp.
Edwards LtdCompany Contact:Rebecca Walder+44 (0)
1293 603103Rebecca.Walder@edwardsvacuum.comorAgency
Contact:Sandy Fewkes408-224-4024sandy@mind-write.com
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