Eyelit Announces a 20% Increase in First-Quarter Revenues for 2014 from its Manufacturing Execution (MES) and Quality Management

  Eyelit Announces a 20% Increase in First-Quarter Revenues for 2014 from its
  Manufacturing Execution (MES) and Quality Management Software

Eyelit’s continued global expansion drives more than a 30% increase in
software license revenue for the first quarter of 2014

Business Wire

TORONTO -- June 30, 2014

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 continued growth with a 20% increase in total revenues year over
year in the first quarter of 2014.

Business Results

Eyelit continued its growth in the first quarter this year, increasing
revenues by 20% over the revenues of the first quarter of 2013. Software
license sales were 30% higher for the first quarter as compared to the same
quarter in 2013. Regionally, Asia was the largest contributor to Eyelit’s
revenue increase. “We have already successfully migrated customers from
WorkStream, PROMIS, and FactoryWorks MES systems, and have started a migration
project from SiView MES to Eyelit MES. This is a major milestone, which
demonstrates Eyelit’s migration expertise in working with customers to replace
legacy systems from the major providers of semiconductor MES,” stated Dan
Estrada, Eyelit’s Vice-President of Sales and Marketing.

Product Updates

Eyelit is preparing the release of version 5.2 of its award-winning product
suite to early adopters. The general release will be made available to the
rest of its customers starting this fall. Significant enhancements have been
added to the underlying platform and across all modules. The QMS module will
include many significant features in its workflow engine, web-based GUI, and
Discrepancy Material Reporting (DMR) quality-management capabilities. Updates
to the Advanced Dispatching and Asset Management modules will introduce the
ability to evaluate many new factors which affect productivity by using
configurable rules. An expanded array of optional built-in calculations and
rules will be featured in the existing MES data-collection functions and in
the SPC module, which also includes enhanced alerting and reporting features.
Extensions to the Special Processing/SWR (Experiment Management) module and
corresponding extensions to the Recipe Management module will enable dynamic
experimentation, including integration through closed-loop automation. The
Operational Data Store (ODS) schema is being optimized to simplify and
streamline reporting even further.

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, BinOptics,
CEA-Leti, eMagin, FLIR Systems, Freescale Semiconductor, Kionix, M/A-COM
Technology Solutions, Mentor Graphics, Murata Electronics Oy, SEMATECH,
TowerJazz, Stion, Umicore, and X-FAB rely on Eyelit as a trusted software
partner. Follow Eyelit on LinkedIn and Twitter.

Contact:

Eyelit Inc.
Ana Sanchez, +1 905-502-6184
info@eyelit.com
 
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