Message #14 From:
Stock News Bot Date: November 10, 2005 06:56:00 AM
MCTI News MCT Receives Key System Orders For Strip Test Handler Solution
ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 10, 2005--Micro Component Technology, Inc. (OTCBB:MCTI) today announced the receipt of an order for multiple Tapestry Strip Test SC handlers in excess of $1.0 million. This order, as the one reported recently in Q3 2005, is particularly significant in that it is another repeat order for our latest temperature controlled version of the Tapestry Strip Test SC handler. The delivery of these units is scheduled for Q4 of 2005 and Q1 2006.
"The repeat deliveries of MCT strip test handling equipment continues to validate the cost effectiveness of MCT strip test solutions," explained Jesse DeGennaro, Vice President of Worldwide Sales. "As existing customers are exceeding their expectations, they both continue to expand products tested in strip format with temperature control and provide strong evidence to other potential new customers who are faced with tremendous cost, quality, and technology based pressures."
About MCT
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(TM) line of automation products, including Tapestry(R), SmartMark(TM), SmartSort(TM), and SmartTrak(TM), 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, 2004 and Form 10-Q for the quarters ended March 26, June 25 and September 24, 2005.
