Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Core Wafer Systems Adds Third Revenue Stream with Third-Party Alliance

Abstract:
Core Wafer Systems continues to deliver innovative solutions, bringing in a third revenue stream through an exclusive alliance with another industry leader, further cementing their position as thought leaders in their verticals.

Core Wafer Systems Adds Third Revenue Stream with Third-Party Alliance

New York, NY | Posted on February 7th, 2012

Action Products International, Inc. (OTC Pink: APII), the parent company of Core Wafer Systems, Inc., a technology leader with a propriety parallel measurement schema for evaluation of physical phenomena in semiconductor and magnetic devices and processes. APII announces an exclusive alliance with Theta Delta (TD) to build improvements into TD's system testers.

Semiconductor manufacturers require extremely long test periods, often measured in months, for components that are manufactured. Core Wafer Systems (CWS) and TD work together to deliver a total system to perform these long-duration tests. This alliance covers an install base of over 350 system testers and includes customers such as Raytheon and Triquint.

Core Wafer has inked an exclusive alliance with TD to market, sell, and deliver improvements to their burn-in and long term reliability system testers. Improvements for building functionality into CWS software and creating advanced reliability test libraries for long stress times for specific use cases are identified through this partnership. Some of the greatest improvements will come when Core Wafer finalizes the retooling of the tester to use their proprietary source measure units (SMU) and reliability algorithm test library, PDQ-WLR 7, for better performance. This performance gain is extremely valuable to manufacturers as this reduces the time and cost of testing, allowing the correlation in test variables as you move from accelerated times to long duration stress times.

An alliance with TD compliments the existing business units: Semiconductor & Nanotechnology and Magnetics Test Systems & Solutions. This third revenue stream improves the overall profitability of CWS and brings additional bottom-line profits into APII through sales and professional services.

CWS involvement in this alliance introduces us to an additional set of customers, and often, this introduction has turned into an opportunity for these customers to purchase CWS proprietary hardware and measurement software.

Greg Miller, Member of the Board of Directors at APII and Marketing Director at CWS states:

"Core Wafer Systems is extremely excited about this alliance with Theta Delta. This alliance positions Core Wafer Systems as the only company that can address semiconductor manufacturers' needs from accelerated to long-term testing and burn-in which allows direct data correlation from on-wafer to package devices for the first time. We believe that, not only, does it build on our advantage as a leader in reliability, but will also bring additional revenue into APII, in turn, helping the company and all its shareholders. This partnership has already led to contractual conversations with a Taiwanese manufacturer with an estimated value of over $800,000 in the second half of 2012 and we expect additional contract opportunities to develop as we meet with new leads built out of this alliance. Our projected revenue from this alliance alone is in excess of 6 million over the next twenty four months."

####

About Action Products International, Inc.

Action Products International, Inc. (OTC Pink: APII.PK) is the parent company of Core Wafer Systems, Inc., a technology leader with a propriety parallel measurement schema for evaluation of physical phenomena in semiconductor and magnetic devices and processes. Their software and hardware is used in the testing and data mining of today's most commonly used hard drives, memory, magnetics, and other advanced semiconductor and nanotechnology-based device components. More information about Core Wafer Systems, the WARp product offering, and its other products is available at http://www.corewafer.com or www.actionproductsinternational.com.

Please refer all inquiries to

About GLX - The Global Listing Exchange

The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.

The GLX Editor's Desk

+1 855 GLX INTL | +1 855 459 4685

| www.glx.com

Safe Harbor Statement

This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.

For more information, please click here

Contacts:

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Collaboration yields discovery of 12-sided silica cages June 20th, 2018

JPK talks with Dr Frank Lafont, Director of the BioImaging Center Lille (BICeL) about the use of the NanoWizard® AFM together with fluorescence microscopy in the study of living cells June 19th, 2018

Powering the 21st Century with Integrated Photonics: UCSB-Led Team Selected for Demonstration of a Novel Waveguide Platform Which is Transparent Throughout the MWIR and LWIR Spectral Bands June 19th, 2018

Executives Explore Key Megatrends and Innovations in MEMS, Sensors, Imaging Tech at SEMI-MSIG European Summits: Speakers to share developments in smart automotive, smart cities, smart industrial, biomedical, consumer and IoT, September 19-21, 2018 in Grenoble, France June 19th, 2018

Chip Technology

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Making quantum puddles: Physicists discover how to create the thinnest liquid films ever June 13th, 2018

Leti Presenting Strategic Vision and Hosting a Workshop at SEMICON West: “From Electrons to Photons” Leti Workshop and CEO Media Briefing Set for Tuesday, July 10 in W Hotel, San Francisco June 12th, 2018

Nanometrics Updates Time of Webcast at Stifel 2018 Cross Sector Insight Conference June 12th, 2018

Memory Technology

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

A powerful laser breakthrough: Lehigh research team demonstrates terahertz semiconductor laser with record-high output power May 2nd, 2018

Researchers develop nanoparticle films for high-density data storage: April 3rd, 2018

Design approach developed for important new catalysts for energy conversion and storage: New method could aid in design of pharmaceuticals and optical and data storage materials March 21st, 2018

Announcements

Collaboration yields discovery of 12-sided silica cages June 20th, 2018

JPK talks with Dr Frank Lafont, Director of the BioImaging Center Lille (BICeL) about the use of the NanoWizard® AFM together with fluorescence microscopy in the study of living cells June 19th, 2018

Powering the 21st Century with Integrated Photonics: UCSB-Led Team Selected for Demonstration of a Novel Waveguide Platform Which is Transparent Throughout the MWIR and LWIR Spectral Bands June 19th, 2018

Executives Explore Key Megatrends and Innovations in MEMS, Sensors, Imaging Tech at SEMI-MSIG European Summits: Speakers to share developments in smart automotive, smart cities, smart industrial, biomedical, consumer and IoT, September 19-21, 2018 in Grenoble, France June 19th, 2018

Tools

Collaboration yields discovery of 12-sided silica cages June 20th, 2018

JPK talks with Dr Frank Lafont, Director of the BioImaging Center Lille (BICeL) about the use of the NanoWizard® AFM together with fluorescence microscopy in the study of living cells June 19th, 2018

Executives Explore Key Megatrends and Innovations in MEMS, Sensors, Imaging Tech at SEMI-MSIG European Summits: Speakers to share developments in smart automotive, smart cities, smart industrial, biomedical, consumer and IoT, September 19-21, 2018 in Grenoble, France June 19th, 2018

Nanometrics Updates Time of Webcast at Stifel 2018 Cross Sector Insight Conference June 12th, 2018

Alliances/Trade associations/Partnerships/Distributorships

Powering the 21st Century with Integrated Photonics: UCSB-Led Team Selected for Demonstration of a Novel Waveguide Platform Which is Transparent Throughout the MWIR and LWIR Spectral Bands June 19th, 2018

Leti and Cellmic Join Forces to Speed Market Adoption of Lens-Free Imaging and Sensing Techniques May 3rd, 2018

Nanobiotix and Weill Cornell Medicine Partner on Pre-Clinical Research Inbox x May 3rd, 2018

New era in high field superconducting magnets – opening new frontiers in science, nanotechnology and materials discovery January 9th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project