Eyelit Inc. Announces its 15th Consecutive Year of Profits and Growth for 2012

  Eyelit Inc. Announces its 15th Consecutive Year of Profits and Growth for
  2012

Eyelit’s global expansion and new Manufacturing Execution System (MES)
products in 2012 attract customers in back-end semiconductor and discrete
assembly industries

Business Wire

TORONTO -- March 6, 2013

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 15^th 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 heights. 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/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 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.

Contact:

Eyelit Inc.
Colleen McArdle, +1-905-502-6184
info@eyelit.com
 
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