Eyelit Inc., a manufacturing software provider for visibility, control,
and coordination of manufacturing operations for the aerospace &
defense, discrete electronics, semiconductor, and photovoltaic (solar)
industries, announced today its third-quarter revenue results for 2012
and introduced significant product enhancements.
Business results
Revenues for the third quarter of 2012 were 35% higher than in the same
quarter of 2011, setting the mark as the highest third quarter in the
company’s history. On the heels of its record-setting first half of 2012
and the fourth quarter of 2011, the company continues to thrive and
expand as it helps companies around the globe take a quantum leap in
adopting its technologically advanced manufacturing execution system.
Eyelit expanded its global presence with its first MES deployment in
Japan at the fully automated, state-of-the-art 200mm foundry fab being
revamped by TowerJazz Japan, Ltd. “The win in Japan is especially
gratifying,” stated Dan Estrada, Eyelit’s Vice-President of Sales and
Marketing. “Based on our long-term relationship, TowerJazz Semiconductor
entrusted us to replace its former MES system in this high-volume wafer
fab while it continues 24x7x365 operations. In the past, companies were
reluctant to replace obsolete MES systems in running wafer fabs, but
Eyelit is proving once again that, in striking contrast to other
products, ours are designed to minimize any risk in converting systems.”
Revenues grew in all areas of the business, namely software licenses,
maintenance and support, and professional services. The company
continued to add staff in development, support, and professional
services, and to further accelerate the ramp-up of investment in new
product research and development.
New advanced technology products
During the third quarter, the company released Version 5 of Eyelit
Manufacturing™, which delivers unparalleled agility in MES features and
functionality. New modules and capabilities embrace rapid change as the
norm, focusing on real-time mobile access to information, flexible
process experimentation for manufacturers to reduce the time to market
for new products, and reductions in the time and cost of deploying and
adapting automation. Innovative solutions enable end users to quickly
integrate systems and equipment by themselves without reliance on
Information Technology professionals, and to easily configure
self-adjusting processes.
Dynamic workflow enhancements are introduced to accelerate process
improvement. “The advanced technology workflow features in Version 5
provide the ultimate flexibility for our customers to systematically
invoke manufacturing and business process controls,” stated Salil Jain,
Eyelit’s Chief Executive Officer. “The streamlined configuration of
process flows using variables and enhanced conditional rules will
facilitate deployment controls, which immediately trigger different
types of behavior within the Manufacturing Execution System and Quality
Management System without manual intervention. This enables companies to
dynamically implement changes on the fly as their needs evolve. Agility
and speed are of paramount importance to our customers in high-tech
manufacturing industries. They must seize opportunities to eliminate
every possible obstacle in bringing new products to market. Rapid
controlled change is essential to driving quality, market share and
profits in the face of short product life cycles.”
About Eyelit Inc. (www.eyelit.com)
Eyelit Inc. is the leader in Manufacturing Execution and Quality
Management (MES and QMS) solutions for visibility, control, and
coordination of manufacturing operations for the aerospace & defense,
electronics, semiconductor, and solar industries. Eyelit uniquely
delivers a broad set of manufacturing solutions, including Asset
Management (Semi E10, SEMI PV2-0709), Factory Integration (Automation),
Manufacturing Execution (MES/MOM), Supply Chain Management, Quality
Management (CAPA/OCAP/SPC/APC/RMA), and Business Process Management,
that enables its customers to rapidly and cost-effectively optimize
production and company processes.
With exceptional customer service, Eyelit has time and again proven that
superior innovative technology can increase efficiency and value. More
than 50 leading companies, including A123 Systems, Ascent Solar,
austriamicrosystems, CEA-Leti, FLIR Systems, Freescale Semiconductor,
Global Communications Semiconductors, M/A-COM Technology Solutions,
Nemotek Technologie, Mentor Graphics, SEMATECH, TowerJazz, Stion,
Umicore, and VTI Technologies, rely on Eyelit as a trusted software
partner.
