NORWOOD, Mass., March 26, 2018 (GLOBE NEWSWIRE) -- Xcerra (Nasdaq: XCRA), today announced that it has entered into a preferred supplier agreement with Elmos (FSE:ELG), a supplier of semiconductor and sensor devices to the automotive industry. Under the terms of the multiyear agreement Xcerra will be the exclusive supplier of semiconductor testers to Elmos, except in the rare case the test requirements cannot be supported by Xcerra.
Guido Meyer, chief operating officer of Elmos, commented, “We have a strong focus on achieving the highest quality and production efficiency. Xcerra has consistently proven their ability to deliver to our requirements. With this agreement we further strengthen the relationship between the two companies and we are committing our test engineering resources to focus on Xcerra testers.”
David Tacelli, president and chief executive officer of Xcerra, commented, “Our passion is to help our customers succeed in the market place. Multiyear preferred supplier agreements like the one we have signed with Elmos serve as recognition that our focus on delivering the highest efficiency of test solutions are having a positive impact on our customers’ success. We look forward to playing a role in supporting Elmos’s growth.”
About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient.
About Xcerra
Xcerra Corporation is comprised of four powerful brands in the semiconductor and electronics manufacturing test markets: atg-Luther & Maelzer, Everett Charles Technologies, LTX-Credence and Multitest. The combination of these businesses creates a Company with a broad spectrum of semiconductor and PCB test expertise that drive innovative new products and services, and the ability to deliver to customers fully integrated semiconductor test cell solutions. The Company addresses the broad, divergent requirements of the mobility, industrial, automotive and consumer end markets, offering a comprehensive portfolio of solutions and technologies, and a global network of strategically deployed applications and support resources. Additional information can be found at www.xcerra.com or at each product group’s website; www.atg-lm.com, www.ectinfo.com, www.ltxc.com and www.multitest.com.
Investor Contact:
Richard Yerganian,
Vice President, Investor Relations
Xcerra Corporation
Tel. 781.467.5063
Email rich.yerganian@xcerra.com
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