Nanotechnology Now - Press Release: "Obducat receives mass production order worth 22,5 MSEK"

Home > Press > Obducat receives mass production order worth 22,5 MSEK

Abstract:
OBDUCAT, the leading supplier of lithography solutions based on NanoImprint Lithography and Electron Beam Lithography, is pleased to announce the receipt of an order from Luxtaltek Corporation worth 22,5 MSEK. The order concerns one Sindre® 400 system and one Sindre® 60 system, to be used for mass production of photonic crystal LEDs. An agreement has also been signed concerning the supply of consumables used in the NIL systems and the potential value of this agreement is up to 80 MSEK during the next 3-5 years, in addition to the above mentioned order value.

Obducat receives mass production order worth 22,5 MSEK

Malmo, Sweden | Posted on August 21st, 2008

The purchase order concerns one Sindre® 60 system to be delivered during September 2008 and one Sindre® 400 system by end of Q1, 2009. The fully automated Sindre® 400 will have production capacity of 30 wafers per hour for any wafer size between 2" and 4".

Luxtaltek Corporation, a Taiwan based world class provider of high brightness LED wafers, Photonic Crystal LED chips and LED modules, was founded by two leading LED companies in Taiwan: Taiwan Oasis Technology Corporation and Uni-light Touchtek Corporation. With well-developed state of the art production techniques, Luxtaltek will deliver the most reliable, high efficiency GaN LED wafers and chips to the market in Q4, 2008.

"Obducat has proven to have a superior imprint performance in comparison to other competitors. Based on imprint performance and cost efficiency by IPS® and STU® technologies, we select Obducat as our preferred supplier for LED applications. In addition, we are very pleased to get the commitment from Obducat to fully support the Luxtaltek production expansion plan for the next two years, which involves another five Sindre® 400 systems and several Sindre® 60 systems", says Dr. Sean Lin, President of Luxtaltek.

"With this order in place Obducat has taken the definite lead worldwide as the preferred supplier of mass production solutions based on NIL. We are very pleased to conclude the agreement with Luxtaltek. With their strong IP-portfolio within optoelectronics and their aggressive market approach we expect to see a quick growth of Luxtaltek and consequently we foresee additional orders regarding mass production equipment. This is a highly interesting market with a potential for NIL equipment in the range of 100 MEUR over the next five years, and we are very well positioned to capture a significant part of this", says Patrik Lundström, CEO of Obducat AB.

Obducat is required under the Securities Markets Act to make public the information in this press release. The information was submitted for publication at 08.20 am CET on 21 of August 2008.

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About OBDUCAT AB
Obducat AB is an innovative developer and supplier of technologies, products and processes used for the production and replication of advanced micro and nano structures. Obducat’s products and services are intended to serve the demands of companies within the information storage, semiconductor, printed circuit board, and sensor industries. Obducat’s technologies include electron beam and nano imprint technology. Obducat has offices in Sweden and the UK, with the headquarters located in Malmö, Sweden. The Obducat shares are publicly traded on the Swedish NGM stock exchange.

About LuxtalTek Corporation

Luxtaltek was founded in 2008 by a team specializing in III-V semiconductor materials and nano fabrication. The President Dr. Sean Lin who is also an expert in the field of photonic crystals is leading the team to work on the commercialization of photonic crystal LED. In April 2008, the company acquired all of the Photonic Crystal IPs from Mesophotonics Ltd., UK to deploy the PhC applications into various optoelectronics fields. Luxtaltek will provide wafer PhC patterning service and customized PhC LED chips and modules as its business debut. Currently, the company secures more than US$10M in funding and will begin production of PhC LED wafers in Q4 2008. As planned, the company will set up 8 production lines with the capacity to process 200,000 PhC wafers/month by the end of 2010.

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Contacts:
Henri Bergstrand
Chairman of the Board, Obducat AB
+46 (0)40 – 36 21 00
+46 (0)708 – 88 72 45

Patrik Lundström
CEO
Obducat AB
+46 (0)40 – 36 21 00
+46 (0)703 – 27 37 38

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