CyberOptics and Nordson Ink a Strategic OEM Supplier Agreement for 3D MRS Sensors
March 07, 2016 at 08:00 AM EST
CyberOptics Corporation® (Nasdaq: CYBE), a leading global developer and manufacturer of high precision sensing solutions, today announced an OEM supplier agreement with Nordson YESTECH® (Nasdaq: NDSN) to supply its proprietary 3D Multi-Reflection Suppression (MRS) sensors. Nordson will incorporate CyberOptics’ advanced 3D MRS technology that inhibits measurement distortions, into their new 3D FX-940 Ultra Automated Optical Inspection (AOI) systems launching at IPC APEX Expo on March 15-17th in Las Vegas.
“After extensive consideration, we determined the MRS sensor to be the best choice for our demanding product requirements,” said Joe Stockunas, Group Vice President, Nordson Electronics Systems. “This strategic partnership offers the best solution to our customers by combining the strengths of YESTECH’s FX-940 platform and industry-recognized inspection software with this advanced 3D sensor technology.”
“We are pleased to announce the extension of our OEM sensor business to include Nordson YESTECH, a leader in AOI solutions with a broad customer base and vast global reach. Having our award-winning MRS technology incorporated into Nordson’s AOI systems is yet another proof point that our differentiated 3D sensor technology platform is considered industry leading for 3D inspection,” said Dr. Subodh Kulkari, President and CEO, CyberOptics Corporation.
Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: market conditions in the global SMT and semiconductor capital equipment industries; increasing price competition and price pressure on our product sales, particularly our SMT systems; the level of orders from our OEM customers; the availability of parts required to meet customer orders; unanticipated product development challenges; the effect of world events on our sales, the majority of which are from foreign customers; rapid changes in technology in the electronics markets; product introductions and pricing by our competitors; the success of our 3D technology initiatives and other factors set forth in the Company’s filings with the Securities and Exchange Commission.
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