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| [March 06, 2013] |
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Eyelit Inc. Announces its 15th Consecutive Year of Profits and Growth for 2012
TORONTO --(Business Wire)--
Eyelit
Inc., a manufacturing software provider for visibility, control, and
coordination of manufacturing operations for the aerospace & defense,
discrete electronics, semiconductor, and photovoltaic (solar)
industries, announced today its growth and profit, as well as
significant business and product achievements, during the 2012 fiscal
year.
Business results
With year-over-year growth highlighted by substantial revenue growth
over the first three quarters, 2012 marked the 15th
consecutive year that Eyelit has been profitable since it was founded in
1997. The company also has a very positive outlook for 2013, with a
record number of concurrent projects underway across four continents and
a strong pipeline developed in the fourth quarter of 2012. Eyelit
continued to expand its customer base, globally and in key industry
segments. The
deployment at TowerJazz Japan's state-of-the-art foundry fab was
extremely significant, with Eyelit serving as TowerJazz Japan's prime
contractor. Eyelit also experienced continued growth through MEMS
manufacturing and strategic back-end semiconductor and display industry
projects.
Eyelit's professional services revenues grew by 50 percent in 2012. The
company also doubled its professional services staff, including
additional new hires in Europe to facilitate rapid business growth. A
record number of customer migrations from legacy systems to Eyelit MES
are driving the expansion of Eyelit's global presence.
"As competing software vendors phase out the sales and support of their
legacy MES systems, we are able to hire industry experts, who formerly
supported those legacy systems and are now attracted to the advanced
technology of Eyelit products," stated Salil Jain, Eyelit's President
and Chief Executive Officer. "It is a double win for us because we have
been replacing those legacy systems for several of our customers and are
taking advantage of an increasing pool of talent that has become
available as a result of the phase-out."
New advanced technology products
The release of Version
5.0 and powerful new modules in 2012 has elevated Eyelit's product
suite to new href="http://cts.businesswire.com/ct/CT id=smartlink&url=http%3A%2F%2Fwww.eyelit.com%2Fpress_072612.html&esheet=50585335&lan=en-US&anchor=Customers+in+all+manufacturing+industry+segments+have+embraced+Eyelit+Automated+Data+Services%E2%84%A2&index=4&md5=53a339d58a3e3af9e455fc67f86db0a1">Customers
in all manufacturing industry segments have embraced Eyelit Automated
Data Services™ and Eyelit
Mobile Web Portal™ for lowering the cost of automation and
integration, and improving visibility of factory performance through
"anywhere access." This year, Eyelit will introduce new, innovative
features that it has been developing in close collaboration with
customers during implementation projects in 2012 and 2013. New
capabilities for operational reporting, advanced, real-time dispatching,
recipe management, and special processing have proved to be extremely
valuable to front-end and back-end semiconductor, as well as discrete
electronics companies. Eyelit will formally roll out its new modules in
2013.
2013 User Conference on the horizon
Eyelit recently announced that its next User
Conference will be held September 30 - October 2, 2013 at the
beautiful Loews
Coronado Bay Resort in San Diego, California. Working sessions will
be invaluable to customers as they connect and share their unique
success stories, and participate in technical presentations on new
product enhancements, hands-on training labs, product demonstrations,
and discussions on best practice strategies.
Updates regarding the agenda, registration, and accommodations will be
posted on Eyelit's conference website, www.eyelit.com/conference2013.
For more information, email conference@eyelit.com.
About Eyelit Inc. (www.eyelit.com)
Eyelit Inc. is the leader in Manufacturing Execution and Quality
Management (MES and QMS) solutions for visibility, control, and
coordination of manufacturing operations for the aerospace & defense,
electronics, semiconductor, and solar industries. Eyelit uniquely
delivers a broad set of manufacturing solutions, including Asset
Management (Semi E10, SEMI PV2-0709), Dispatching, Factory Integration
(Automation), Manufacturing Execution (MES/MOM), Recipe Management,
Supply Chain Management, Quality Management (CAPA/OCAP/SPC/APC (News - Alert)/RMA), and
Business Process Management, that enable its customers to rapidly and
cost-effectively optimize production and company processes.
With exceptional customer service, Eyelit has time and again proven that
superior innovative technology can increase efficiency and value. More
than 50 leading companies, including Ascent Solar, austriamicrosystems,
CEA-Leti, eMagin, FLIR Systems, Freescale (News - Alert) Semiconductor, M/A-COM
Technology Solutions, Nemotek Technologie, Mentor Graphics, SEMATECH,
TowerJazz, Stion, Umicore, and Murata Electronics Oy, rely on Eyelit as
a trusted software partner. Follow us on LinkedIn
and Twitter.
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