SALT LAKE CITY, UT — (Marketwired) — 07/02/13 — (OTCQB: CMXX) (), a leading provider of and for the global , , , and other electronics , today announced they have joined based at the College of Nanoscale Science and Engineering (CNSE) of the University at Albany. Cimetrix will participate in the SEMATECH-s , and will contribute ideas to the program-s strategic planning and technology development processes focused on how the industry can address its cost and productivity challenges through better software solutions.
“Our membership with not only fits into our long-term innovation strategy of providing equipment control, factory connectivity, and application solutions to the semiconductor manufacturing industry, but also demonstrates our industry leadership,” stated , Executive Vice President of Sales and Marketing at Cimetrix. “As a software company, we have long been involved in developing new products that have supported both equipment companies- and semiconductor manufacturers- goals for improving productivity and achieving compliance to industry standards. Working closely with SEMATECH gives us even greater insight into industry-s needs, and also allows us to affect the priorities of the industry while, simultaneously, providing Cimetrix with the opportunity to develop new products and get them into the hands of early adopters.”
“Cimetrix is a trusted development partner with whom has collaborated extensively in the past,” stated Jackie Ferrell, project manager of SEMATECH-s Manufacturing Technology Program. “We have worked together on projects such as (EDA Client Connection Emulator) and (Recipe and Parameter), and more recently Fingerprinting and the Wait Time Waste Reference Implementation (WTWRI). We believe this closer relationship will provide the industry with better software solutions to improve efficiency and agility while driving down costs.”
Cimetrix expects that by working closely with SEMATECH and its member companies, new software products will be developed to allow the Company to continue to address the needs of the semiconductor industry.
(OTCQB: CMXX) develops and supports factory automation software products for the global semiconductor, photovoltaic, LED, and other electronics industries. Cimetrix software allows for rapid and reliable implementation of the , , , and standards. Our flexible framework software is the latest technology that enables equipment suppliers to design and implement their supervisory control, material handling, operator interface, platform and process control, and automation requirements of manufacturing facilities. Cimetrix products can be found in virtually every 300mm semiconductor factory worldwide and include , , , and . The added value of Cimetrix passionate and delivers an outstanding solution for precision equipment companies worldwide.
Cimetrix is an active member in both the Semiconductor Equipment and Materials International (), including the SEMI PV Group, and .
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The matters discussed in this news release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the Company-s prospects for future growth and results of operations are forward-looking statements. The comments made by the Company-s senior management in regards to future revenue and results are based on current expectations and involve risks and uncertainties that may adversely affect expected results including but not limited to recovery of the economic markets into which the Company sells products, increased capital expenditures by semiconductor chip manufacturers, market acceptance of the Company-s products, the timing and degree of adoption of Interface A by the semiconductor industry, the ability of the Company to control its costs associated with providing products and services, the mix between products and services (which generally have higher associated costs of revenue) provided by the Company, the competitive position of the Company and its products, which include CODE, CIMConnect, CIM300 and CIMPortal product families, the economic climate in the markets in which the Company-s products are sold, technological improvements, and other risks discussed more fully in filings by the Company with the Securities and Exchange Commission. Many of these factors are beyond the control of the Company. Reference is made to the Company-s most recent filing on Form 10-K, which further details such risk factors.
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