Message #19 From:
Stock News Bot Date: September 14, 2006 06:20:00 AM
MCTI News MCT Receives over $1.2M Multiple Unit Order
ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 14, 2006--Micro Component Technology, Inc. (OTCBB:MCTI), announced that it has received another multiple unit order for its Tapestry Strip Modules in excess of $1.2M. Shipments are expected to occur within the fourth quarter 2006.
MCT's Chief Executive Officer, Roger E. Gower, commented, "This order was very significant as it (including previous and recent orders) represents a total of eight units of our latest new Tri Temperature Strip Handlers to be ordered since we introduced the product in June of 2006. It appears that it's reliability plus many special features are providing our customers with solutions to meet their rapidly increasing changes in market requirements."
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, 2005 and Form 10-Q for the quarter ended April 1, 2006 and July 1, 2006
