Mycronic Receives Order for Advanced Maskwriter

STOCKHOLM,Oct. 17,2018 -- Mycronic has received an order for a Prexision-800 from a customer in Asia. The system is configured with limited functionality and is scheduled for delivery in the second quarter of 2019. The order,which was booked in the fourth quarter,is valued at between USD 30-35 million and also includes certain upgrades to the customer's existing system.

Mycronic's Business Area Pattern Generators provides mask writers for manufacturing photomasks in several fields of application. These mainly consist of display manufacturing (TV,smartphones and tablets) and applications in the multi-purpose market,a broad segment that includes applications such as electronic packaging,microelectromechanical systems (MEMS) and touchscreen functions.

A fully optioned Prexision-800 can – while maintaining productivity – produce patterns that are almost 25 percent more compact than previously possible. This ensures efficient production of the most advanced and critical photomasks for displays,such as 4K smartphones and advanced AMOLED displays.

"It is gratifying to secure another order for a system based on the Prexision-800 platform. The customer can upgrade the functionality at a later date to a Prexision-800 system that fully meet the industry's high standards for manufacturing of new,innovative display applications while maintaining productivity," says Charlott Samuelsson,Sr VP Business Area Pattern Generators,Mycronic.

For further information,please contact:

Charlott Samuelsson

Sr VP Business Area Pattern Generators

Tel: +46-709-844-282

e-mail: charlott.samuelsson@mycronic.com

Tobias Bülow

Director IR & Corporate Communications

Tel: +46-734-018-216

e-mail: tobias.bulow@mycronic.com

The information in this press release was published on October 17,2018,at 08:00 am CET.

About Mycronic

Mycronic AB 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 France,Japan,China,the Netherlands,Singapore,the United Kingdom,South Korea,Germany and the USA. Mycronic (MYCR) is listed on Nasdaq Stockholm. www.mycronic.com

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Press release (PDF)