Mycronic receives multiple order for the MY600 Jet Printer


Täby, 11 October, 2016 – Mycronic AB (publ), has received an order for several
MY600 Jet Printer systems from an Asian high-volume customer with 24-hour
production in several locations in Asia. The order is the third in a short time
for the same type of equipment from the same customer. Delivery will take place
during the fourth quarter 2016.

Mycronic’s business area SMT offers equipment for modern electronics
manufacturing. The offering comprises production systems for non-contact
application of solder paste and other mounting fluids on circuit boards,
mounting robots for placement of components on circuit boards, automated storage
solutions and advanced software for effective process management. The equipment
is used globally within different segments of the electronics industry. Mycronic
has traditionally focused on offering effective systems to customers with low-
to mid-volume manufacturing where the need for flexibility is high.
The MY600 was developed to offer the electronics industry a competitive
alternative or a complement to the traditional stencil printer. The systems can
also be configured for high-speed dispensing of several kinds of mounting
fluids. As PCBs and electronics become ever more advanced throughout the
electronics industry, requirements on production equipment increase. Mycronic’s
MY600 offers manufacturers new ways to meet challenges in the production process
- also relevant for high-volume customers.

”This is a very good example of the development taking place within the
industry. Our customer has developed and launched a new generation of products
within the consumer electronics industry. One of their challenges was to achieve
cost-effective manufacturing of the product. Our MY600 solution fulfills the
customer’s requirement for yield and speed - which was a challenge for
traditional technology,” says Robert Göthner, Sr VP and General Manager SMT at
Mycronic. ”These orders prove that our unique technology meets new and growing
demands in the high volume industry.”
The price for one system is in the span of SEK 1-2 million, depending on options
and customization. The total value of the three orders is in the span of SEK 20
-25 million.

Contacts at Mycronic:

Robert Göthner
Sr VP & General Manager SMT
Tel: +46 8 638 52 00
robert.gothner@mycronic.com
Per Ekstedt
CFO
Tel: +46 8 638 52 00
per.ekstedt@mycronic.com



About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in the development,
manufacture and marketing of production equipment 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 is of the type that Mycronic is required to disclose in
accordance with the EU Market Abuse Regulation. The information was submitted
for publication, through the contacts persons stated above on 11 October, 2016,
at 8.00 am.

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