« Previous | Next » | All Messages |  MCTI Message Board Home | recommend post |  Ignore Poster

MCTI News MCT Reports Additional Orders in Q1 2007

ST. PAUL, Minn.--(BUSINESS WIRE)--Micro Component Technology, Inc. (OTCBB:MCTI) today reported that MCT has received an additional multiunit Tapestry order in excess of $600k. Shipment is expected in Q2, 2007.

MCT’s President, Chairman and Chief Executive Officer, Roger E. Gower, commented, “It was great to continue to receive additional Tapestry orders this quarter, but more importantly these orders represent products associated with MCT providing “a complete test solution” to our customers. MCT is unique in the ability to provide multiple hardware products and software solutions to reduce the “Cost of Test”.”

MCT is a leading manufacturer of test handling and automation solutions satisfying the complete range of handling requirements of the global semiconductor industry. MCT has recently introduced several new products under its Smart Solutions™ line of automation products, including Tapestry®, SmartMark™, SmartSort™, and SmartTrak™, which are designed to automate the back-end of the semiconductor manufacturing process. MCT believes it has the largest installed IC test handler base of any manufacturer, with over 11,000 units worldwide. MCT is headquartered in St. Paul, Minnesota, with its core manufacturing operation in Penang, Malaysia. MCT is traded on the OTC Bulletin Board under the symbol MCTI.

For more information on the Company, visit its web site at http://www.mct.com

Except for the historical information contained herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, the impact on cash and results of operations from a flattening or renewed downturn in the semiconductor capital equipment market, the need for additional financing, and the other factors detailed from time to time in the Company's SEC reports, including but not limited to the discussion in the Risk Factors and Management's Discussion & Analysis included in Form 10-K for the year ended December 31, 2005 and Form 10-Q for the quarter ended April 1, 2006, July 1, 2006 and October 2, 2006.