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24 APR 2018, 13:00
PRESS RELEASE

Täby, 24 April, 2018 – Mycronic AB (publ), has received an order for a mask writer replacing an older system for the manufacture of display photomasks. The customer, located in Asia, has previously replaced older systems through Mycronic’s offering. The system is scheduled to be delivered during the third quarter of 2019.

This is the tenth order since the introduction of the replacement offering three years ago. The price level for a replacement mask writer built on the Prexision platform has been adjusted and is now normally in the range of USD 14–18 million, depending on the configuration and type of system traded in.

Mycronic has a unique position as the only supplier in the world of equipment for manufacturing of advanced photomasks. Many systems are today 10 or more years old. Maintaining these systems is increasingly a challenge. Some of Mycronic's customers also need to modernize their production equipment. Mycronic offers a scalable system in exchange for an older system.

“Our customers appreciate the replacement offering since it provides both higher productivity and a secure long-term service solution. That is why they continue to replace older systems,” says Charlott Samuelsson, Sr VP Pattern Generators at Mycronic AB.

Contacts at Mycronic:
Charlott Samuelsson
Sr VP Business area Pattern Generators
Tel: +46 8 638 52 00
charlott.samuelsson@mycronic.com

Torbjörn Wingårdh
CFO
Tel: +46 8 638 52 00
torbjorn.wingardh@mycronic.com

About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, Taiwan, United Kingdom and the United States. For more information see our web site at: www.mycronic.com 

Mycronic AB (publ) is listed on NASDAQ Stockholm, Mid Cap: MYCR.

The information was submitted for publication on 24 April, 2018, at 1.00 pm CET.