Eyelit Announces Second Quarter Results for Its Award-Winning Manufacturing Execution (MES) Software

  Eyelit Announces Second Quarter Results for Its Award-Winning Manufacturing
  Execution (MES) Software

Eyelit’s global expansion drives a 55% increase in software license revenue
for the second quarter of 2013

Business Wire

TORONTO -- November 14, 2013

Eyelit Inc., a manufacturing software provider for visibility, control, and
coordination of manufacturing operations for the aerospace & defense, discrete
electronics, semiconductor (MEMS), and photovoltaic (solar) industries,
announced today its continued steady growth throughout the second quarter and
first half of 2013.

Business Results

Eyelit continued its growth in the first half of the year by increasing
revenues by 20% over revenues in the first half of 2012. Software license
sales were 50% higher for the second quarter in comparison to the second
quarter of 2012. The substantial increase in the second quarter was driven by
companies that chose to migrate from WorkStream, PROMIS, FactoryWorks, and
other legacy systems to Eyelit’s state-of-the-art platform. “Companies in our
target industries are initiating new MES projects around the globe,” stated
Dan Estrada, Eyelit’s Vice-President of Sales and Marketing. “We have a very
solid foundation for further expansion in all regions. We are executing these
opportunities successfully in accordance with our strategy. Our recently
announced partnership with SEMI Integration not only increases the network of
our sales channels, but also extends the local coverage of Eyelit technical
customer support in Asia.”

Product Updates

Customers are preparing to upgrade to the recently released Eyelit version 5.1
which will include the first general release of the Eyelit Dispatching™ and
Eyelit Special Processing™ modules. These modules and many other enhancements
were on display to customers during Eyelit’s 2013 User Conference in San
Diego, California. In addition to Eyelit’s staff demonstrating the benefits
and flexibility of these products at the conference, early adopters of Eyelit
version 5.1 presented informative case studies of their success stories during
collaborative sessions. A highlight of the conference was a keynote
presentation from a Fortune 100 company that recently migrated from Workstream
MES to Eyelit MES. The customer was pleased to report that over 50 formerly
disparate systems were replaced by the integrated Eyelit Manufacturing^TM and
Eyelit Quality^TM platform in phase I. Additional consolidation is planned for
the next phases with the implementation of the Eyelit Operator
Certification^TM module.

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, Kionix 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 Eyelit on LinkedIn and Twitter.

Contact:

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