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Nu Visions Accelerates Product Realization with Valor's NPI Assembly Solution

Aug 14, 2003

Lake Forest, CA � 14. August, 2003 � Valor Computerized Systems [FSE/Prime Standard: VCR, VACS] announces the sale of its Trilogy 5000 next generation NPI engineering software solution to Nu Visions Manufacturing, LLC, a contract electronics manufacturer, based in Springfield, Massachusetts, which provides customized manufacturing solutions from the initial stages of product design over high volume board assemblies to post-assembly services for the military, medical and industrial marketplace. The initial order is valued at US$ 250,000 at the corporate Springfield manufacturing plant.

Trilogy 5000 enables Nu Visions to validate incoming BOM (Bill of Material) and AVL (Approved Vendor List) files on a job-by-job basis, crucial to ensuring a streamlined CAD-to-assembly process. Trilogy 5000 automatically uploads the validated BOM/AVL files into Nu Visions� existing ERP (Enterprise Resource Planning) to reduce erroneous and time-consuming manual entries for an improved procurement cycle, while taking the current inventory and resources into account for a faster and enhanced assembly preparation process.

By including Valor�s best-in-class DFM (Design for Manufacturability) verification tools, as part of the chosen Trilogy 5000 product platform configuration, Nu Visions is able to extend the range of engineering services to its customer base, by providing high-end design verification services based on pre-defined manufacturing constraints to effectively reduce revision spins which translate into time-to-market benefits and higher quality products.

The unique 24/7 online Valor Parts Library (VPL) service further extends the scope of Trilogy�s best-in-class DFM and assembly line optimization capability, by providing accurate geometrical component data, which is integrated with the CAD data enabling virtual prototyping of highly complex board designs and delivering precise component placement data to optimize assembly machine programming.

Nu Visions� assembly lines will be optimized using the unrivalled Manufacturing Process Simulation (MPS) technology of Trilogy 5000, which includes industry-leading line balancing algorithms, based on accurate assembly machine kinematics and grouping technology, designed to reduce machine change-over times and assembly line downtime, both leading to higher productivity and increased machine output results for faster return on existing assembly equipment investments.

Being in line with Nu Visions� paperless working environment Trilogy 5000 provides a powerful Documentation Editor, which seamlessly integrates to Nu Visions� internal MES system (Manufacturing Execution System) to generate exact and customizable machine handling instructions right down to the factory floor and in accordance with the prepared resource plan. Nu Visions currently utilizes personal computers at each and every assembly workstation for viewing process sheets, data collection, SPC and real-time WIP tracking.

Steve Pudles, CEO of Nu Visions commented: �We went through a lengthy selection process to find the best software engineering solution capable of improving and complementing our existing process flow, and have chosen Trilogy 5000 because of its fully integrated platform solution which efficiently interconnects our customers PCB design through our manufacturing processes.� Mr. Pudles continued, �Trilogy 5000 will enable us to achieve higher yields, improve quality and increase productivity.�

President of Valor North America, Chuck Feingold, contributed �with the addition of Nu Visions to our list of customers, we continue to service the forward thinking companies that are keenly focused on NPI services to their customer base, along with ramp-to-volume disciplines, utilizing the Trilogy 5000.�

About Nu Visions

As a market leader in electronics manufacturing and advanced engineering services

Nu Visions provides customers with customized total manufacturing solutions, which include circuit design, board design from schematics, mechanical and product design, sourcing and procurement, prototype and volume board assembly, system assembly, design and implementation of product testing, warranty and repair services.

More information about the company can be found at http://www.nvems.com

About Valor

Valor Computerized Systems (FSE/Prime Standard: VCR, VACS) is the leader in vertically integrated engineering software solutions to the PCB design, fabrication and assembly industry. Valor is a publicly listed on the Frankfurt Stock Exchange. The company's powerful software tools, based on ODB++, the Valor-funded data format that has quickly become the format of choice for high-level data exchange, ensure the rapid transfer of optimized data from design through manufacturing. Enterprise 3000 DFM system for physical design verification, Trilogy 5000 for assembly and test engineering, and the unique Valor Parts Library on-line data service are utilized by designers and engineers to deliver enhanced productivity, higher yields, shorter cycle times and increased product quality. All Valor products are sold and supported by a worldwide network that includes global subsidiary offices, VARs and OEM channels. More information about the company can be found at http://www.valor.com

Contact:

Valor Corporate

Alon Levitan

Investor Relations &

Global Marketing Communications Manager

Valor Computerized Systems, Ltd.

Tel: +972 (0)8 -943 2430

alonl@valor.com

Nu Visions

Steve Pudles

President and CEO

Nu Visions Manufacturing, LLC

Tel: (413) 736-2121

spudles@nvems.com

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