Mycronic receives order for a Prexision Lite 8 Evo

STOCKHOLM,March 2,2022 -- Mycronic AB (publ) has received an order for a Prexision Lite 8 Evo from an existing customer in Asia. The order value is in the range of USD 8-11 million. Delivery of the system is planned for the first quarter of 2023.

Prexision Lite 8 Evo is designed to meet the requirements for cost-efficient production of photomasks for mainstream displays up to G8 mask size. The order for the Prexision Lite 8 Evo mask writer is to replace one of the customer's older systems.

"In parallel with an increasing need for more advanced photomasks for displays,the market for less complex photomasks remains large and important. It is therefore very gratifying to be entrusted with delivering the modern Prexision Lite 8 Evo,in order to replace one of the customer´s older systems",says Charlott Samuelsson,Sr VP Pattern Generators at Mycronic.

Mycronic provides mask writers for display manufacturing and production of semiconductors.

For additional information,please contact:

Charlott Samuelsson

Sr VP Pattern Generators

Tel: +46 70 984 42 82

E-mail: charlott.samuelsson@mycronic.com

Sven Chetkovich

Director Investor Relations

Tel: +46 70 558 39 19

E-mail: sven.chetkovich@mycronic.com

The information in this press release was published on March 2,2022,at 2:00 p.m. CET.

About Mycronic

Mycronic is a Swedish high-tech company engaged in the development,manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic's headquarters are located in Täby,north of Stockholm and the Group has subsidiaries in China,France,Germany,Japan,the Netherlands,Singapore,South Korea,United Kingdom,United States and Vietnam. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com

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Press release (PDF)