Phoseon Technology and Moritex Corporation announce Strategic Cooperation

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Phoseon Technology and Moritex Corporation announce strategic cooperation in the area of Semiconductor inspection. Moritex will become the exclusive distributor for Phoseon's MX Series of Infra-Red Inspection systems for semiconductor applications. Moritex will also become a stetegic investor in Phoseon as part of Phoseon's Series B investment round.

Phoseon Technology and Moritex Corporation today announced a strategic cooperation that will initially focus on the Phoseon MX Series of infrared optical systems for inspection and measurement of silicon based structures such as MEMS and Flip Chips. As part of the agreement Moritex will become the sole distributor for the Phoseon Technology MX line of products in Japan. In addition both companies will cooperate closely on the development of advanced infrared inspection and metrology solutions for the semiconductor packaging industry. Lastly, Moritex has agreed to contribute a strategic investment in Phoseon Technology as part of Phoseon’s Series B funding round.

“Our strategic relationship with Moritex will further strengthen our position in the Semiconductor inspection industry within Japan and elsewhere.” commented Francois Vlach, VP of Business Development of Phoseon Technology. “We look forward to our cooperation with Moritex, as this agreement significantly strengthens our means of providing customers with best in class solutions” added Mark Owen, CEO of Phoseon Technology.

“We feel that both the technical and business synergies between our two companies will allow us to develop new markets together in a co-operative fashion”, said Shigeyuki Morita, CEO of Moritex Corporation. “Both Moritex and Phoseon Technology share a common focus on developing groundbreaking products and in treating our customers as valued partners in the process”.

About Phoseon Technology Inc.

Phoseon Technology provides innovative solutions to solve production problems in inspection, imaging, curing and cleaning. At the core of our development lies a patent pending technology for efficient, flexible, scalable, high intensity light sources, enabling us to design cost effective, high performance solutions. Key products include the Radion series of high performance solid state UV sources. Phoseon’s portfolio of inspection products includes the MX series of infrared based systems for inspection and measurement of silicon based structures and the FX series of fluorescent inspection systems for organic materials. Phoseon is a privately held corporation founded in 2002.

About Moritex Corporation

Moritex provides the market with fibre optics, machine vision, automated optical alignment and automated bio-equipment, spherical and optical technologies. These products support high tech industries such as semiconductor manufacturing, electro-optical systems, machine vision imaging systems, telecommunications, information technology (IT), bio-science and laboratory automation. Moritex Corporation is a global company headquartered in Tokyo, Japan and has been listed on the Tokyo Stock Exchange since 2000.

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