ICOS Vision Systems Signs Distribution Agreement with Kestronics

„Kestronics will distribute ICOS‘ product lines of Inspection Machines in Singapore, Malaysia, Thailand and Indonesia.\r\n
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\r\nAnton DeProft, president and chief executive officer of ICOS, commented, \“With its wide sales and support network in South East Asia and its established customer contacts, Kestronics brings a wealth of experience in selling and supporting semiconductor final assembly equipment. This is an important addition to our Asian distributor network especially now that we have introduced new products such as the tube based component inspector (CI-G10) to the market.\“\r\n
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\r\nBrian Yap, Managing Director of Kestronics, added, \“ICOS has become the market leader for semiconductor final assembly inspection equipment and enjoys a top reputation among the companies in our area. We believe the company possesses the technology and the organization to capitalize further on this leadership, and we look forward to participating in that growth.\“\r\n
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\r\nICOS is a leading worldwide developer and supplier of machine vision and inspection solutions primarily for use in the final assembly semiconductor manufacturing and electronic assembly industries. The Company’s two- and three-dimensional inspection products are used worldwide to inspect integrated circuits at various stages of their manufacturing process and to align electronic components and printed circuit boards. The Company has three product lines: board-level products to be integrated in die-bonding equipment and in pick-and-place machines, system-level products for integration in test handlers, molding equipment, trim-and-form equipment, marking systems, tape-and-reel equipment and other applications and stand-alone inspection machines. ICOS‘ headquarters are located in Heverlee, Belgium and it has R&D centers in Belgium, Germany and Hong Kong and sales and support offices in Japan, the USA, Singapore and Hong Kong.\r\n
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\r\n\“Safe Harbor\“ Statement under the Private Securities Litigation Reform Act of 1995:\r\n
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\r\nCertain matters discussed in this press release are forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, without limitation, the expected contribution from the distributor, risks relating to intellectual property, risks relating to technological change, the introduction of new products by the Company’s competitors, and the inherent uncertainty of law suits alleging patent infringement that have been filed against the Company, as well as risks relating to the Company’s dependence on the cyclical semiconductor and electronic assembly industries, risks relating to the conduct of the business world-wide and other risks referred to in our most recent annual report on form 20-F and other filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based. Further discussion of risk factors is also available in the Company’s SEC filings.\r\n
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\r\nICOS Vision Systems Corporation NV can be found on the World Wide Web at www.ICOS.be.\r\n
\r\nContact:\r\n
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\r\n ICOS Vision Systems Corporation NV, Heverlee\r\n
\r\n Investor Relations\r\n
\r\n 32 16 398 220\r\n
\r\n Investor.relations@icos.be\r\n
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\r\n Lippert/Heilshorn & Associates, Inc., New York\r\n
\r\n Jody Burfening, 212/838-3777 (ext. 6608)\r\n
\r\n jody@lhai.com\r\n
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\r\nSource: ICOS Vision Systems Corp. NV“;0;106;3;“admin“;““;0;““;0;0;0;0;0