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Frost & Sullivan Recognizes MIRTEC�s Excellent Product Line in the Automated Optical Inspection Equipment Market

Jan 29, 2007

Frost & Sullivan selected MIRTEC as the recipient of the 2006 Frost & Sullivan Award for Product Quality Leadership in the surface & mount technology (SMT) benchtop equipment market for developing a desktop automated optical inspection (AOI) model with superior defect coverage and exceptional support services.

MIRTEC has earned a reputation in the AOI equipment market for high quality, repeatability, and exceptional service. The company offers reliable products with robust and easy-to-use designs. Some of its products include inline AOI machines used for high volume production and desktop AOI as well as X-ray inspection equipment for checking array packages such as ball grid arrays (BGAs) and flip chips (FCs) among others.

However, the company is certainly not resting on its laurels, as is evident from its next-generation AOI machines that are an improvement on the existing ones. The new AOI machines offer five high-resolution cameras that provide a view from the top as well as from four different angles to give a holistic view of the board.

MIRTEC has successfully transitioned from being totally dependent on distributors to serving customers directly to enhance the scope of their market. The company has formed alliances and mergers to set up direct offices in most continents since having local presence and engaging an experienced workforce will help it develop closer relations with customers.

"The company is firmly rooted in its commitment to serving the customer and stays tuned to the customer�s requirements. Customized solutions are provided to the end users to suit their applications," says Frost & Sullivan Research Analyst Deepa Mathew. "Customer feedback and technological advances serve as sources for improvements on existing products and new product launches."

MIRTEC prides itself in outselling the competition even at a higher price points. The throughput on these machines is up to three times that of the nearest competing vendor.

Increased efforts have been made to develop the next generation of AOI machines with a special emphasis on product quality and wider defect coverage to guarantee electronics with higher precision. The product R&D roadmap involves higher resolution cameras and enhanced illumination, with a continued focus on providing a robust platform that is durable and can be adapted for inspecting miniature components.

"The company has devised an effective strategy that has worked to its advantage thanks to its superior product offering," notes Mathew. "Customers are given first hand proof on their machine performance when pitted against their competition."

Each year Frost & Sullivan presents this Award to a company that has demonstrated superior quality control over its existing competitors in product manufacturing. Quality control is an essential element for satisfying customers, increasing repeat buying behavior, and assuring long-term market survival.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About MIRTEC

Headquartered nearby Seoul, Korea; with sales and support centers in North America, China, Indonesia, Europe and Slovakia, MIRTEC is a leading global supplier of automated optical and high-resolution x-ray inspection systems to the electronics manufacturing industry.

MIRTEC is comprised of an extremely talented and knowledgeable team of engineering, manufacturing, sales and support professionals who are committed to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability. With sales and support centers located strategically throughout the world, MIRTEC is able to provide its valued customers a full range of services including; consultation, installation, equipment training, and after-sales support.

"Our business philosophy is quite simple but all too uncommon these days. We provide our customers with the highest quality products and services at competitive pricing. We recognize that our customers are the source of our future growth and as such we strive for a strong, reliable and long-term partnership based on trust and respect. We listen to their needs and deliver prompt service. We consistently work to meet and try to exceed their expectations. We aim to bring positive changes to their business. In short, our ultimate objective is the absolute success of our customers." � Brian D�Amico � Vice President, MIRTEC Corp

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.awards.frost.com.

Contact:

Stacie Jones

210.247.2450

Stacie.jones@frost.com

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